South Africa`s Most significant Online Marketplace Adds Bitcoin Payments
Major African e-commerce platform Bidorbuy has actually allowed bitcoin as a payment option for product purchases, as reported by regional bitcoin publication Bitcoinhub. Bidorbuy is a popular online market, with over 30 million page views on a monthly basis.
The products that can be bought by bitcoin would depend on the sellers activating the option of utilizing the crypto currency as a payment method. All sellers can opt to accept bitcoins.
Chandigarh-based B2B market Pumpkart is sculpting a specific niche by offering water pumps online
A Chandigarh-based business owner KS Bhatia has actually attracted the interest of Google CEO SundarPichai by offering water pumps online. SundarPichai valued his company model at his Digital India speech prior to PM Modi in the United States last year.
Motivated by the creation of his 14-year-old son Aagmandeep, KS Bhatia founded Pumpkart.com in June 2014. Pumpkart.com is a Chandigarh-based online B2B marketplace for water pumps and other related accessories. The platform allows manufacturers, dealerships, and consumers purchase and sell pumps. It also provides its customers with multiple payment options such as online payment, COD, and EMIs.
Huge brand names, merchants see end to predatory online rates with marketplace standards
Large brands, merchants and little sellers on ecommerce platforms have stated the current guidelines on marketplace will eliminate deep discounts that online platforms offer by squeezing sellers.
Kishore Biyani, president of Future Group, said the policy addresses brick-and-mortar merchant’s issues and will likewise prove helpful for online merchants in the long run. "We simply wanted them to not sell listed below cost price. That has actually been cared for," he informed ET.