The e-commerce space is large and within it, cryptocurrencies are slowly finding a home. All over the world, merchants are incorporating ways for customers to pay with cryptocurrency on their websites to meet the growing demand. This is why Uquid, a major e-commerce website, has partnered with Binance Pay to enable its customers to pay with cryptocurrency.
Uquid hosts a range of products from electronics to toys to clothing, etc. The website is an all-in-one marketplace similar to Amazon where shoppers can get all their shopping needs as well as pay bills. By accepting crypto payments, the e-commerce site is expanding its reach to crypto shoppers who can now easily pay from their wallets.
Uquid is a Web 3.0 marketplace that provides the Web 3.0 shopping experience to customers in all its glory. Customers can access features such as prospect shopping, receive rewards and bet points, and participate in premium airdrops from merchants.
Shopping and paying on Uquid can be as easy as linking a wallet on a website. At the checkout, customers can choose from 40 different tokens to shop with, and what’s more, there are no fees for these crypto transactions, thanks to Binance Pay.
Fondly referred to as the DeFi and e-commerce platform, Uquid accepts dozens of tokens on the Ethereum blockchain using the payment solution. Uquid is also open to integrating other blockchains to expand the DeFi Market Network.
Binance Pay offers a secure, borderless and contactless payment method to users of both platforms when shopping on Uquid, as well as the ability to pay for their purchase in installments. Uquid’s new “Buy Now, Pay Later” is the first of its kind as it is the only platform to offer BNPL by crypto. Customers will be able to use Uquid Pay to split crypto payments up to three installments spread over three months at no additional charge.
Uquid launches NFT Marketplace
In line with its commitment to being the e-commerce platform for DeFi, Uquid has launched its own NFT Marketplace. Users on the platform can buy, sell and discover rare NFTs in the Uquid NFT Marketplace. It is a smart NFT supermarket system where users can buy and confirm ownership of digital assets instantly.
Other items that can be purchased from Uquid include subscriptions, gift cards, and groceries. Users can submit their tokens to be listed as a payment method on the platform. Uquid is available worldwide and serves millions of customers worldwide.
Uquid debuted in the crypto space as the first crypto card that allows payments across multiple alternative currencies. Uquid introduced the Visa card, which allowed cardholders the ability to spend multiple altcoins at thousands of merchants around the world. This project cemented him as a space pioneer and quickly rose to fame across the crypto industry.
With the success of its card, Uquid has continued to develop and launch an e-commerce marketplace for the DeFi market. The project has integrated DeFi smart payment solutions to provide users with more payment options. The platform has since grown, and currently hosts more than two million physical products. Uquid plans to expand that number to 5 million in 2022.
Uquid was one of only three series honored at the 2017 TechCrunch Disrupt held in San Francisco. As the project expands its wings into other blockchains, it is well on its way to competing with the biggest e-commerce platforms.