The growth of cryptocurrency acceptance has forever changed the global economy. The limited old ways of buying and selling online are gone. Digital currency is here to stay.
Recently, Visa and MasterCard rolled out new platforms specifically designed to support cryptocurrency-driven eCommerce.
PayPal aims to take the lead in the cryptocurrency payment acceptance by letting users buy, sell, trade and store cryptocurrency. It’s happening right now.
JP Morgan Chase and hundreds of the largest of the largest banks in North America are diving head first into cryptocurrency and stablecoin.
The Benefits to Small & Medium-sized Businesses
Online sellers can reduce their payment processing costs down to 1.% or true 0%. The benefits don’t stop there. Merchants can enjoy borderless payment acceptance, real-time settlement, and no KYC mandates.