NeoMedia Technologies, Inc (NEOM)

[Be Confident]

How Technology Is Redefining E-Commerce
Mar 6, 20187:00 AM7,175

https://www.forbes.com/sites/forbestechcouncil/2018/03/06/how-technology-is-redefining-e-commerce/amp/

EXCERPT:

Seamless Payment Processing

If there’s one other thing that has been the bane of the e-commerce industry, it’s the issue of processing payments made by buyers. It’s proven to be either too hard or too expensive to incorporate a payment gateway capable of processing orders from all world markets. The last few years, however, have heralded the creation and widespread adoption of alternative payment methods such as e-wallets and gift cards. With other revolutionary payment solutions like Bitcoin gathering momentum, technology might once and for all eliminate the industry’s payment limitations. The ability to pay through blockchain removes the intermediate middlemen, allowing both businesses and customers to have more control over how they conduct business. Businesses can use this technology to bill customers directly, making the payment process more efficient and expediting the time it takes to receive funds.

E-commerce has come a long way since it began in the 1970s. It started out as an almost nonexistent business model and is now one of the most frequent business practices being exercised in the modern era. With new technologies emerging such as VR, AR, biometrics, AI and more, e-commerce will only continue to grow and thrive. Technology is functioning as the rudder that propels the e-commerce industry. It’s only a matter of time before it expands in entirely new directions.


And now I find myself compelled to say... The further we've come, the closer we are...JMO

Best,
Be Confident