As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.
Which one is better and why?
Litecoin for now but a few upgrades and improvements from eth can outrun the litecoin not just on payment solutions and microtransactions for business but on its unique features for smart contracts and wide variety support for ERC20 tokens that is being used by the ICO's these days, well for bitcoin transaction fees and speed, Segwit and LN would be the solution for that concern.