• With cryptocurrencies, we have an aggregate market cap up more than 2,100% since the year began, along with the belief that blockchain will be readily integrated by big businesses. If those businesses don't welcome blockchain with open arms immediately, we could witness yet another precedent of a bubble bursting.
  • There are also worries about integrating this new technology into the fold. While it could allow for quicker cross-border transactions and added security for the financial services industry, there's no guarantee of a quick transition to blockchain. 
  • Additionally, blockchain offers user control and transparency. Rather than letting a third-party control the future of a cryptocurrencies' blockchain, members of a cryptocurrencies' community are who call the shots with regard to future development.

Business Accepting Cryptocurrencies see increased profits and new clients


Worldwide there are around 4,000,000 retailers who accept bitcoins.


The first US-based online travel agency to take Bitcoin as a form of payment was CheapAir.com and they processed approximately $15 million in bitcoin payments for flights and hotels at the very first 6-months of starting to accept Bitcoin.

Lower Transaction Fees


Main reason so many businesses have started to accept payments from clients in cryptocurrencies is that it lowers their transaction fees.


In comparison to credit card and debit card payments which Usually charge between 3-5% for every purchase made with a card, Cryptocurrency offers lower transaction fees ranging from a few cents No matter the amount purchased to a maximum of abut 1% of the purchase price.

Why accept payments in Crypto?

AAccepting cryptocurrency as a payment method on your website opens up new opportunities for your business.


Cryptocurrency Risks for bussiness

All good things do come with a little bit of risk, and cryptocurrency is no exception.

Facts

  • The volatility of cryptocurrency often depends on the policy it receives on social networking and in the press.
  • The decentralized ledger cryptocurrency is supported by is somewhat frightening to many authorities and financial institutions.
  • Mainstream adoption of Bitcoin may not be right around the corner, but it's in the works.

Featured

Articles about Crypto payments


July 18, 2018
who accepts crypto payments

Who Accepts Crypto Online

Many people are not conversant with the crypto age and so they do not believe that anything can be better than a handy bill that is seen, felt and spent at any point in time. People have not been duly enlightened on the benefits of crypto, and the fact that it is not seen or touched is something that baffles the memory of so many people in the world. However, some people have engaged in minimums of exchange through crypto, and so far, it has worked out well and better for a lot of people. This article would aim at emphasizing the fact that some people and organizations make use of crypto as a medium if exchange with other people in other parts of the world. The people in these categories have benefitted so well from crypto that they would rather engage in buying and selling through crypto than with monetary bills. This is not a campaign to say that the value of money or note bills in every is redundant and should be brought to a close, this only establishes the fact that crypto is also a good way of communication between people. Crypto is the only currency whereby you can have it in an enormous volume and it still looks like you have nothing with you. This type of currency helps people to become better traders and better industrialists. An organization that handles various branches in and out of the country, can make use of cryptocurrency to establish business ventures in various parts of the country. While a particular bill is stagnant due to its explainable way of not being able to change form, crypto can change form and assume any type of bill at any particular point in time, depending on what type of bill is needed. The latter part of this article would examine the people or organizations that are known to accept crypto online. There are various people and organizations that deal in crypto as a medium of exchange, and they are known as;

WHO ACCEPTS CRYPTO ONLINE?

There are some retailers and services that accept the use of cryptocurrencies and some of them would be briefly explained here; OVERSTOCK.COM - This retailer usually does business online and it collects bitcoins as a medium of exchange. It was one of the first retailing companies to start the collection of crypto. EXPEDIA - This is an agency that is widely known for travel booking, and it also accepts bitcoins for the bookings of hotels. EGIFTER - This, as the name implies is a gift card site online that purchases and sells its card with the use of bitcoins. NEWEGG - This is a retailing company that deals in the sale of gadgets and computer accessories, and it also engages in the collection of bitcoins. SHOPIFY STORES - This is a retailing business that helps people to showcase their products and services on its platform so as to be largely announced to the world, and it collects bitcoins as a medium of payment.
Crypto is largely used by retailers online, as it is easy for them to acquire and control.

Become a Small Business of the Future!

Accept cryptocurrency, like Bitcoin will rocket your small business into the future. You will enjoy the benefits and attract new customers eager to pay with crypto. You'll also be a step ahead of your business competitors if they have not already adopted digital money as a payment option. How are you going to utilize Bitcoin to grow your business?