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CLIC Technology and Opporty to boost Amazon’s crypto payments

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CLIC Technology and Opporty to boost Amazon's crypto payments
Source: Pixabay

Bitcoin [BTC] had been on a bull run, taking all the altcoins with a bullish momentum. With this, the cryptocurrency related payments had started to fascinate the people around the globe with the more secure and faster means in addition to cross-border payments facilities. 

The big league members had started drifting towards the use of digital coins for carrying out the transactions. With Amazon becoming the latest member to be added to the list of companies captivated by the digital assets, startups such as CLIC technology and Opporty had lined up to provide services to help these important organizations to achieve crypto integrations. 

The Washington based online retail is one of the biggest e-store on the planet with plans to kickstart Ethereum based payments with the startups. This move will be changing the scene of internet business for a considerable length of time to come, according to the sources. 

The declaration by CLIC technology stated that it will work with Opporty to bring steady, solid, and ideal digital coins based payments for Amazon. 

Miami based startup announced, 

“Traditional Ethereum-based platforms are made to handle, on average, about 20 transactions per second, far less than what is needed for a functioning financial ecosystem. By comparison, Amazon processes upwards of 300 transactions per second, typically making it incompatible with the digital currency.”

With this integration, e-commerce business will be boosted to an entirely different level and the users will become the beneficiaries in the offing.

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.