22 Mar '16, 6pm

Africa's Largest Online Marketplace Bidorbuy Adds Bitcoin Payments

Africa's Largest Online Marketplace Bidorbuy Adds Bitcoin Payments

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 generates more than 30 million page views per month. It is the largest corporation in the South African and Kenyan e-commerce industry by market share and the size of userbase. The e-commerce market of Kenya is growing at a rapid pace. According to the Communications Authority of Kenya, the ...

Full article: https://bitcoinmagazine.com/articles/africa-s-largest-onl...

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