People have been purchasing goods and services by exchanging money, barter system, or other forms since life began on Earth. Trillions of dollars change hands every day in the global financial market. However, over 45% of third-party payment service providers and intermediaries suffer payment fraud and huge losses every year. Most E-Commerce businesses use traditional methods like credit/debit cards, wire transfers, etc., to receive payments from consumers. Paper currency and traditional methods are centralized under banks that makes them vulnerable to cyber attacks and system failures. This is where cryptocurrency as a payment option can help solve multiple issues. As …