Reasons why we Shoud Accept Cryptocurrency in our Business.

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3 years ago

Here are the List of Reasons why we Should accept Cryptocurrency in our Business;

Lets get Started,

1. It will save you money.

 This may be true in the medium to longterm. Savings may be undermined by installation costs of essential hardware and software. Volatility in cryptocurrency trading rates can potentially cause massive losses at any point in time.

2. Transactions will process quickly.

 Similar claims can be said about speedy electronic transfers.

3. The currency works worldwide.

 The same claim can be said about real time electronic transfers. And most Country already claimed cryptocurrency.

4. You will avoid fraud and chargebacks.

 This may vary between cryptocurrency suppliers. Any currency is subject to fraud. A fraudster may use cryptocurrency to buy large value items such as vehicles and jewelry. The fraud may be discovered after the goods or services are delivered. The location and identity of the fraudster and stolen goods may be unknown. Certain legal jurisdictions may require the seller to return the stolen cryptocurrency to the rightful owner. There are too many jurisdictions that administer consumer protection, finance and insurance laws to generalize about how a cryptocurrency vendor and trader may be exposed to cryptocurrency crime.

5. You can acquire new customers.

 This statement is true if the customer will only trade with a vendor who accepts their preferred cryptocurrency.

6. Paper options will slowly become a thing of the past.

 The same claim can be said about real time cashless electronic transfers. Which are becoming more popular over time. Paper trails such as in store receipts, postal customer receipts and accounting crypto ledger bank reconciliations may require supporting paper work for tax law purposes.

Hope this will help you/us to decide and do the better thing for our Business. This article is Based also to my idea and gathered information online.

Hope you Like it! And Make a wise decision for you Business! Thanks...

" Crypto will save your Business "

Subscribe @Xavier! More articles to come about Cryptocurrency.

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Comments

good for business

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3 years ago

Yesit is..

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3 years ago

Good one very nice.

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3 years ago

Thanks..

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3 years ago