The main advantages of connecting cryptocurrency payment systems

Among the main advantages offered by opening a merchant account to accept payments in cryptocurrency, financial technology specialists say:

No need for intermediary banks, which slows down the flow of funds to the company's account;

• Work in non-stop mode. Unlike the banking system, bitcoinomics works without holidays and weekends;

• Minimal commission for transactions. Commission for transactions with bitcoins is fractions of percent, which is several times lower than transaction fee with credit and debit cards;

• Simplicity and availability of cross-border payments. Opening a merchant account to accept cryptocurrencies is a real opportunity for small e-commerce companies to go international;

• Absence of a single digital bank and, as a consequence, control over transactions and restrictions on payments;

• Protection of personal data. Blockchain technology ensures the confidentiality of information about the wallet owner, which virtually nullifies the likelihood of fraud;

• Increasing popularity of mining. The open code of algorithm allows every user, possessing a computer with necessary capacity and special software, to mine cryptocurrency;

• Irreversibility of transactions. Transactions made by means of a merchant account in cryptocurrency do not imply the possibility of return of payment, unlike payments using bank cards;

• Possibility to convert into fiat currencies.

With us, connecting these features is free and the fee is only 3% - it's easy.

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