Africa’s Largest Online Market Takes Bitcoin
Bidorbuy, Africa’s largest online marketplace, now accepts payments in Bitcoin. The announcement came via a post on the site’s forum on March 1st, and a support post explaining how to activate Bitcoin as a payment method is now up. All Bitcoin transactions carry a transaction fee of 2.28% including VAT, however Bidorbuy explicitly encourages its use: Large potential audience. Much like eBay or Alibaba, Bidorbuy is a large online platform for connecting buyers to sellers. Merchants use the site to advertise and sell their products, and now have the option of accepting Bitcoin for either....
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PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. Africa’s largest online tour operators, MoAfrika, offers tourists from around the world the opportunity to travel the length and width of the gorgeous African continent by making use of its unique tour offering, now with an added advantage. MoAfrika now supports payment in Bitcoin so tourists,....
To eliminate the financial security issues a lot of African e-commerce users have suffered from, Bidorbuy, Africa’s largest online market, began accepting Bitcoin payments March 3. The integration of Bitcoin relieves e-commerce platforms from storing sensitive financial data on their local servers, reducing the risk of a data breach and leak of personal user information. By providing Bitcoin as one of its main payment methods, Bidorbuy aims to lead the growth of the e-commerce industry in Kenya and South Africa. Bidorbuy has more than 700,000 items listed on its online marketplace and....
Nigeria lost its title as Africa’s largest economy about a month ago since falling into recession. However, Bitcoin use has not taken a due uptake there when compared on the same scale with other African Bitcoin markets in South Africa and Kenya going by previous details from fiatleak.com and LocalBitcoins.com. And this is for several reasons. Though it has the market, the largest population size on the continent, the remittance prowess that ranks in the top five in the world and a worsening economic situation - a faltering currency and plunging oil revenues, one would have expected....
“As a payment processor company, we saw a lot of potential in bitcoin. Then we, as a company, started looking for a partner to work with in order to satisfy the inquires from customers and build that innovation we that needed in our market,” said Voguepay co-founder Geoffrey Weli Wosu. Last month, South African bitcoin exchange, IceCUBED, expanded their exchange to Nigeria, Africa’s largest economy. The company partnered with the country’s largest payment processor, VoguePay, to allow Nigerians to buy and sell bitcoins with mobile phones. The country is an economic powerhouse but is still....
Yesterday, an exciting partnership was created that would enable the creation of the largest Bitcoin marketplace to date - BitDazzle. The collaboration between Cashie Commerce and Coinbase will make it possible for any small business to maintain an online marketplace, while reaching an exponentially growing population of Bitcoin users. The breakthrough means big things for the online marketplace. How Bitdazzle works: BitDazzle works the same as any online marketplace. When you visit the site, the consumer will unveil a vast marketplace of digital and physical goods. Consumers search....