Lucrazon Global Helps Merchants by Integrating Cryptocurrency With Bitcoin Payment Acceptance

California-based Lucrazon Global (http://www.lucrazonglobal.com/), a fully integrated Ecommerce platform and Global Business Network designed specifically for Internet entrepreneurs, Work from Home and Network Marketing professionals, and businesses of any type, reinforces its services offered by accommodating encrypted digital currency Bitcoin payments.

The integration of Bitcoins aims at protecting merchants from online fraud and other threats, and comes shortly after Californian Governor, Jerry Brown, passed a bill to approve Bitcoins as a legitimate form of currency for financial transactions in the state.

Cryptocurrency is a form of digital currency that is managed and utilized with the help of encryption techniques such as cryptography. The technology is increasingly popular among ecommerce vendors who use it to process transactions and verifications with the help of networks. After initial security hiccups, Federal Reserve recently declared it a trustworthy alternative to paper money. The fact that cryptocurrency is irreversible allows Lucrazon Global to protect paying customers against chargebacks -- a type of fraud that is possible through more conventional transaction methods like credit card payments.

Lucrazon Global's introduction of the encrypted currency comes at a favorable time that holds a lot of potential for international merchants in circumventing certain risks: According to an annual report by LexisNexis merchants incurred a loss of about $3.4 billion in 2011 through online fraud alone. Alex Pitt, CEO of Lucrazon Global, knows that chargebacks have been the bane of ecommerce ventures for years. These can be filed against a customer's billing statement on his credit card if a charge is disputed. Since there are no chargebacks in cryptocurrency, Lucrazon Global's incentive is designed to protect merchants from such malicious schemes thereby keeping transactions secure.

Bitcoins are originally bought from exchange companies by investors and traders by using valuable currencies. Online businesses that utilize the technology require customers to store the digital funds in online storage software such as eWallets, on their PCs, or on the web. Payments with the currency are enabled through "Pay with Bitcoin" options on these sites. In 2013, Bitcoins grew exponentially and have become a preferred currency for several types of ecommerce transactions. A number of online stores have adopted the currency as their payments of choice. Brands who have gotten on the Bitcoin trend include Target, Victoria's Secret, the car company Tesla, Zynga, Apple's App Store, Home Depot, Wikipedia, and Subway to name a few . By offering Bitcoins as a payment option, Lucrazon Global now introduces the cryptocurrency to smaller stores and businesses.

A fully integrated e-commerce platform and Global Business Network, Lucrazon Global is designed specifically for Internet Entrepreneurs, Work from Home and Network Marketing professionals, and businesses of any type. Specializing in providing multi functional websites such as ecommerce stores, the company offers solutions like product inventories, integrated shopping carts, drop shipments, access to multiple suppliers, and real time account activation. The company has become a leader in ecommerce solutions by working closely with suppliers, manufactures, fulfillment centers centralizing opportunity making it simple for anyone to become an online business professional.

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