The e-commerce industry is vast, consequently, crypto is progressively finding a home inside it. To accommodate rising demand, retailers all around the world are incorporating methods for clients to pay with cryptocurrencies into their websites. As a result, Uquid, a prominent e-commerce website, has collaborated with Binance Pay to allow its users to pay using cryptocurrency.
Uquid sells a variety of things, ranging from electronics to games to clothing. The website is an all-in-one marketplace, similar to Amazon, where customers can complete all of their buying needs as well as pay their bills. By accepting cryptocurrency payments, the e-commerce company expands its access to crypto buyers, who can now pay using their wallets.
The Everything Market
Uquid is a Web 3.0 marketplace that provides users with the full Web 3.0 buying experience. Customers may use services like shopping mining, earn incentives and stake points, and participate in merchant token airdrops. Shopping and paying on Uquid is as simple as connecting a wallet to the internet. Customers may choose from 40 different tokens to shop with at checkout, and due to Binance Pay, there are no fees on these crypto transactions.
Uquid, also known as the DeFi and e-commerce platform, accepts tens of tokens on the Ethereum blockchain through its payment solution. Uquid is also interested in integrating other blockchains to grow its DeFi retail network.
In addition, Binance Pay provides users of both platforms with a contactless, borderless, and secure payment mechanism when they shop on Uquid, in addition to the ability to pay for their purchase in instalments. Uquid’s new “Buy Now, Pay Later” feature is the first of its type, as it is the only platform that accepts BNPL in cryptocurrency. Customers will be able to divide their payments into up to three instalments spread over three months using Uquid Pay without incurring any additional costs.
Uquid Has Launched an NFT Marketplace
As part of its aim to become the DeFi e-commerce platform, Uquid has created its own NFT marketplace. On the Uquid NFT marketplace, users may buy, sell, and discover uncommon NFTs. It is a sophisticated NFT supermarket system that allows users to immediately acquire and confirm ownership of digital assets.
Subscriptions, gift cards, and food are among the other goods available from Uquid. Users can submit their tokens to the platform for them to be included as a payment option. Uquid is available all around the world and serves millions of clients.
Card Uquid
Uquid made its debut in the crypto market as the first crypto card to accept payments in different cryptocurrencies. Uquid provided a Visa card that allowed cardholders to spend numerous cryptocurrencies at thousands of shops worldwide. Consequently, this established the project as a pioneer in the sector. With that, it swiftly grew to prominence within the cryptocurrency industry.
With the success of its card, Uquid went on to create and establish the DeFi market’s e-commerce marketplace. To give its consumers more payment alternatives, the project incorporated DeFi smart payment systems. Since then, the site has evolved to contain over 2 million physical items. Moreover, Uquid intends to increase this figure to 5 million by 2022.
Uquid was one of just three blockchains acknowledged at the 2017 TechCrunch Disrupt conference in San Francisco. As the project expands to additional blockchains, it will be able to compete with the largest e-commerce sites.
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Also read: Visa and ConsenSys Collaborate to Develop Payment Infrastructure for CBDCs
