SlideShare a Scribd company logo
Is Bitcoin Payment Processor Changing the Payment
Game?
Business?
Nearly 2,500 US business owners currently accept Bitcoin, a figure that does not
include Bitcoin ATMs. Worldwide, an increasing number of companies choose
cryptocurrencies for operational, transactional, and investment purposes. This data
illustrates why you need a clear understanding of what a Bitcoin payment gateway
can do for your brand.
How Will a Bitcoin Payment Gateway Help Your Business?
The cryptocurrency movement is here, and joining may provide your brand with access to new
demographic groups. Most crypto owners fall between the ages of 25 and 44, instantly granting you
access to three different generations: Gen X, Millennials, and Gen Z.
Align with New Buying Principles
Data show these users are more cutting-edge than people still purchasing with traditional currency and
value transparency in their transactions. In turn, they embrace brands that present themselves as
forward-thinking.
These groups also have buying power and are likely seeking the products and/or services your brand
offers. A study reveals that up to 40% of people who pay with crypto are new customers of a given
company. Even better, their purchases tend to be twice those of credit card users. You can therefore
boost your brand’s image and appeal to a wider audience by using a Bitcoin payment gateway.
Plan for the Future
Embracing crypto now can help position your company to function in a future that may include
centralized digital currencies. Crypto appears to be here for the long haul and continues to grow in
popularity because it’s fluid.
Traditional currency is limited by the red tape and condensed hours that characterize most financial
institutions. Crypto, on the other hand, can be used and traded at any time of any day. It’s also available
to anyone with an Internet connection, eliminating the barriers banks impose to savings accounts,
loans, and other financial vehicles. In other words, accepting crypto payments can increase your sales
today and guide you into tomorrow.
Enter Diverse Markets
We’re going to expand upon the point just made. Once you accept Bitcoin payments, you suddenly
have entrance to markets you may have been excluded from before. To illustrate, people in some parts
of Africa and Asia lack access to viable banking services. They cannot transact with people in other
geographical areas – that is, until the arrival of Bitcoin.
Thanks to the accommodating nature of Bitcoin, these people can purchase from vendors using crypto
payment gateways. This means you no longer have obstacles to particular geographic areas, allowing
you to take your brand in any direction you choose.
Appeal to key Clients
Businesses continue to see that key clients and vendors want to engage by using crypto. Digital
currencies eliminate the exchange rates associated with fiat currencies, meaning they’re cheaper to use
when purchasing across borders.
Crypto is also an investable asset that has performed exceedingly well in recent years. This makes it an
attractive alternative to traditional money that can depreciate at any time. Your business may therefore
need a crypto payment gateway to continue appealing to its biggest customers.
Reduce Payment Fees
Credit card fees are on the rise and can work against your goals for growth. In addition to charges that
range from 0.5% to 5%, plus a fee for every transaction made, business owners often have to rent
credit card processing equipment. This can quickly become exorbitant and gnaw a sizable hole in your
profits.
Bitcoin merchants, on the other hand, save on fees. Some platforms charge only a percentage of your
sales and do away with all other costs. And you pay no fee for accepting Bitcoin. This currency can also
be used for other services, including payments to third-party providers like website designers or social
media managers. This cuts back on bank charges incurred for money transfers or other bill payment
services.
Fraud Protection
Businesses of all varieties and sizes need to worry about fraud, especially when operating online.
Sophisticated hackers can easily gain access to your bank accounts, and chargeback fraud is another
regular occurrence. These events not only equate to lost money but also dent the confidence of clients
who fear their sensitive information is not being protected.
Bitcoin and other crypto-assets provide a real opportunity for increased security. Every transaction is
final, meaning permissible chargebacks do not exist. In addition, these transactions are highly
encrypted so personal information remains safe and secure. For the added benefit of business owners,
some payment platforms implement safety measures to verify payments originate from trustworthy
sources.
Faster Transactions
Just a moment ago, we mentioned that most financial institutions operate only during traditional hours.
This can be highly inconvenient, especially when you’re waiting for a transaction to process on
weekends or holidays. International bank transfers are similarly lengthy, often taking a full week before
funds appear in your account. Such delays can cause extreme frustration; you want the money to land
in your account, and the customer wants what they paid for.
Compared to banks, a Bitcoin payment gateway moves much more quickly. A cross-border transaction
can be completed in mere minutes, allowing you to fulfill customer orders more efficiently. And you don’t
need to wait helplessly for a bank to process the payment. Instead, the payment gateway enables
customers to pay with their chosen crypto and then pays you in cash. It is a seamless process for both
parties that keeps the wheels of business turning.
About Kryptova
Searching for a trustworthy and hassle- free onboarding Crypto-Payment Solution for your High-Risk
International Merchant Account, you are at the right place....
We are the leaders in crypto-payment solutions and we are just one click away https://kryptova.biz/
Set up a meeting with our experienced team, who will assist you with the solutions we have to offer. It
doesn't matter whether you are a new Merchant or an old one, you have a processing history or you don't.
We are more than happy to provide you with the best of our solutions. (T&C applied)
Call us now to book your demo at +44 0 800 - 832 ( 1373)
Alternatively, you can write to us at sales@kryptova.biz
Looking forward to collaborate with you and help you.

More Related Content

What's hot

Cryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantagesCryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantages
MBA Student
 
Jubilee ace - ten tips for investing in cryptocurrency
Jubilee ace -  ten tips for investing in cryptocurrencyJubilee ace -  ten tips for investing in cryptocurrency
Jubilee ace - ten tips for investing in cryptocurrency
jubileeace
 
How can I buy bitcoins?
How can I buy bitcoins?How can I buy bitcoins?
How can I buy bitcoins?lupe_de_mon
 
Cryptocurrency Regulation
Cryptocurrency RegulationCryptocurrency Regulation
Cryptocurrency Regulation
SUJATA MUNI
 
The State of ICO (June 2018)
The State of ICO (June 2018)The State of ICO (June 2018)
The State of ICO (June 2018)
Christian Kameir
 
How to start an exchange like coin d cx
How to start an exchange like coin d cxHow to start an exchange like coin d cx
How to start an exchange like coin d cx
zaarahary
 
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
VARUN KESAVAN
 
How does p2p cryptocurrency exchange work
How does p2p cryptocurrency exchange work  How does p2p cryptocurrency exchange work
How does p2p cryptocurrency exchange work
zaarahary
 
Crypto Tax - A 2021 Outlook
Crypto Tax - A 2021 OutlookCrypto Tax - A 2021 Outlook
Crypto Tax - A 2021 Outlook
Kelghe D'cruz
 
Blockchain 101 (January 2019)
Blockchain 101 (January 2019)Blockchain 101 (January 2019)
Blockchain 101 (January 2019)
Christian Kameir
 
When Will We Have a US Digital Currency?
When Will We Have a US Digital Currency?When Will We Have a US Digital Currency?
When Will We Have a US Digital Currency?
InvestingTips
 
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCYJAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
Steven Rhyner
 
Cryptocurrency Revenue Model 2020
Cryptocurrency Revenue Model 2020Cryptocurrency Revenue Model 2020
Cryptocurrency Revenue Model 2020
Developcoins
 
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
George Protonotarios
 
Untitled document (3).pdf
Untitled document (3).pdfUntitled document (3).pdf
Untitled document (3).pdf
iia
 
LIFECOIN business plan
LIFECOIN business planLIFECOIN business plan
LIFECOIN business plan
Lifecoin
 
BITCOIN ( DIGITAL CURRENCY)
BITCOIN ( DIGITAL CURRENCY)BITCOIN ( DIGITAL CURRENCY)
BITCOIN ( DIGITAL CURRENCY)
Priyanka Jain
 
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure SafetyIs Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
Pixel Crayons
 
Basic Cryptocurrency Trading
Basic Cryptocurrency TradingBasic Cryptocurrency Trading
Basic Cryptocurrency Trading
Olukunle Moses
 
BAFT
BAFTBAFT

What's hot (20)

Cryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantagesCryptocurrency: It's Timeline, advantages and disadvantages
Cryptocurrency: It's Timeline, advantages and disadvantages
 
Jubilee ace - ten tips for investing in cryptocurrency
Jubilee ace -  ten tips for investing in cryptocurrencyJubilee ace -  ten tips for investing in cryptocurrency
Jubilee ace - ten tips for investing in cryptocurrency
 
How can I buy bitcoins?
How can I buy bitcoins?How can I buy bitcoins?
How can I buy bitcoins?
 
Cryptocurrency Regulation
Cryptocurrency RegulationCryptocurrency Regulation
Cryptocurrency Regulation
 
The State of ICO (June 2018)
The State of ICO (June 2018)The State of ICO (June 2018)
The State of ICO (June 2018)
 
How to start an exchange like coin d cx
How to start an exchange like coin d cxHow to start an exchange like coin d cx
How to start an exchange like coin d cx
 
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
AN OVERVIEW ON THE FAMOUS BITCOIN EXCHANGES
 
How does p2p cryptocurrency exchange work
How does p2p cryptocurrency exchange work  How does p2p cryptocurrency exchange work
How does p2p cryptocurrency exchange work
 
Crypto Tax - A 2021 Outlook
Crypto Tax - A 2021 OutlookCrypto Tax - A 2021 Outlook
Crypto Tax - A 2021 Outlook
 
Blockchain 101 (January 2019)
Blockchain 101 (January 2019)Blockchain 101 (January 2019)
Blockchain 101 (January 2019)
 
When Will We Have a US Digital Currency?
When Will We Have a US Digital Currency?When Will We Have a US Digital Currency?
When Will We Have a US Digital Currency?
 
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCYJAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
JAPAN MAY RECOGNIZE BITCOIN AS LEGITIMATE CURRENCY
 
Cryptocurrency Revenue Model 2020
Cryptocurrency Revenue Model 2020Cryptocurrency Revenue Model 2020
Cryptocurrency Revenue Model 2020
 
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...
 
Untitled document (3).pdf
Untitled document (3).pdfUntitled document (3).pdf
Untitled document (3).pdf
 
LIFECOIN business plan
LIFECOIN business planLIFECOIN business plan
LIFECOIN business plan
 
BITCOIN ( DIGITAL CURRENCY)
BITCOIN ( DIGITAL CURRENCY)BITCOIN ( DIGITAL CURRENCY)
BITCOIN ( DIGITAL CURRENCY)
 
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure SafetyIs Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
Is Your Money Safe In Crypto Exchanges? Top 3 Crypto Exchanges To Ensure Safety
 
Basic Cryptocurrency Trading
Basic Cryptocurrency TradingBasic Cryptocurrency Trading
Basic Cryptocurrency Trading
 
BAFT
BAFTBAFT
BAFT
 

Similar to Is bitcoin payment processor changing the payment game?

Why Are Companies Investing in Crypto Payment Gateways?
Why Are Companies Investing in Crypto Payment Gateways?Why Are Companies Investing in Crypto Payment Gateways?
Why Are Companies Investing in Crypto Payment Gateways?
PaymentAsia
 
A Complete Guide on Cryptocurrency Payment Gateway
A Complete Guide on Cryptocurrency Payment GatewayA Complete Guide on Cryptocurrency Payment Gateway
A Complete Guide on Cryptocurrency Payment Gateway
PaymentAsia
 
5 Ways Digital Currency is Revolutionizing the Financial World.docx
5 Ways Digital Currency is Revolutionizing the Financial World.docx5 Ways Digital Currency is Revolutionizing the Financial World.docx
5 Ways Digital Currency is Revolutionizing the Financial World.docx
Surendra Gusain
 
Why Are More Businesses Opting for Crypto Payment Gateways?
Why Are More Businesses Opting for Crypto Payment Gateways?Why Are More Businesses Opting for Crypto Payment Gateways?
Why Are More Businesses Opting for Crypto Payment Gateways?
PaymentAsia
 
How to become a Bank with Digital Assets?
How to become a Bank with Digital Assets?How to become a Bank with Digital Assets?
How to become a Bank with Digital Assets?
VincentGambrell
 
Digits ico-whitepaper-1v8c
Digits ico-whitepaper-1v8cDigits ico-whitepaper-1v8c
Digits ico-whitepaper-1v8c
Etheralabs
 
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ, Inc.
 
Bitcoin trading
Bitcoin tradingBitcoin trading
Bitcoin trading
Thompson Uka
 
What Is Cryptocurrency? This is what You Should Know
What Is Cryptocurrency? This is what You Should KnowWhat Is Cryptocurrency? This is what You Should Know
What Is Cryptocurrency? This is what You Should Know
Leandro Martins
 
Cryptocurrency Payment Gateway Its Pros and Cons
Cryptocurrency Payment Gateway Its Pros and ConsCryptocurrency Payment Gateway Its Pros and Cons
Cryptocurrency Payment Gateway Its Pros and Cons
itio Innovex Pvt Ltv
 
Crypto Payment Gateway Development: Facilitating Secure Transactions
Crypto Payment Gateway Development: Facilitating Secure TransactionsCrypto Payment Gateway Development: Facilitating Secure Transactions
Crypto Payment Gateway Development: Facilitating Secure Transactions
Tess Casali
 
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingGDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
Ajit Patil
 
Cryset pitch deck
Cryset pitch deckCryset pitch deck
Cryset pitch deck
Munachi Ogueke
 
Things You Should Know about Cryptocurrency Payment Gateways Before Investing
Things You Should Know about Cryptocurrency Payment Gateways Before InvestingThings You Should Know about Cryptocurrency Payment Gateways Before Investing
Things You Should Know about Cryptocurrency Payment Gateways Before Investing
PaymentAsia
 
PaySay
PaySayPaySay
PaySay
Harsh Kumar
 
Factors To Consider While Choosing A Cryptocurrency Exchange!
Factors To Consider While Choosing A Cryptocurrency Exchange!Factors To Consider While Choosing A Cryptocurrency Exchange!
Factors To Consider While Choosing A Cryptocurrency Exchange!
Ramesh Chandra Tawri
 
Digital cash final
Digital cash  finalDigital cash  final
Digital cash final
KomalAgarwal85
 
Bitcoin and Remittances.pdf
Bitcoin and Remittances.pdfBitcoin and Remittances.pdf
Bitcoin and Remittances.pdf
vitaliyDubinin2
 
Btcadpro copy
Btcadpro   copyBtcadpro   copy
Btcadpro copy
BTC ADS PRO
 
CryptoCurrency CashOut
CryptoCurrency CashOutCryptoCurrency CashOut
CryptoCurrency CashOut
rodmister
 

Similar to Is bitcoin payment processor changing the payment game? (20)

Why Are Companies Investing in Crypto Payment Gateways?
Why Are Companies Investing in Crypto Payment Gateways?Why Are Companies Investing in Crypto Payment Gateways?
Why Are Companies Investing in Crypto Payment Gateways?
 
A Complete Guide on Cryptocurrency Payment Gateway
A Complete Guide on Cryptocurrency Payment GatewayA Complete Guide on Cryptocurrency Payment Gateway
A Complete Guide on Cryptocurrency Payment Gateway
 
5 Ways Digital Currency is Revolutionizing the Financial World.docx
5 Ways Digital Currency is Revolutionizing the Financial World.docx5 Ways Digital Currency is Revolutionizing the Financial World.docx
5 Ways Digital Currency is Revolutionizing the Financial World.docx
 
Why Are More Businesses Opting for Crypto Payment Gateways?
Why Are More Businesses Opting for Crypto Payment Gateways?Why Are More Businesses Opting for Crypto Payment Gateways?
Why Are More Businesses Opting for Crypto Payment Gateways?
 
How to become a Bank with Digital Assets?
How to become a Bank with Digital Assets?How to become a Bank with Digital Assets?
How to become a Bank with Digital Assets?
 
Digits ico-whitepaper-1v8c
Digits ico-whitepaper-1v8cDigits ico-whitepaper-1v8c
Digits ico-whitepaper-1v8c
 
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
 
Bitcoin trading
Bitcoin tradingBitcoin trading
Bitcoin trading
 
What Is Cryptocurrency? This is what You Should Know
What Is Cryptocurrency? This is what You Should KnowWhat Is Cryptocurrency? This is what You Should Know
What Is Cryptocurrency? This is what You Should Know
 
Cryptocurrency Payment Gateway Its Pros and Cons
Cryptocurrency Payment Gateway Its Pros and ConsCryptocurrency Payment Gateway Its Pros and Cons
Cryptocurrency Payment Gateway Its Pros and Cons
 
Crypto Payment Gateway Development: Facilitating Secure Transactions
Crypto Payment Gateway Development: Facilitating Secure TransactionsCrypto Payment Gateway Development: Facilitating Secure Transactions
Crypto Payment Gateway Development: Facilitating Secure Transactions
 
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingGDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
GDC Coin- Specialized Analysis For Professional Cryptocurrency Trading
 
Cryset pitch deck
Cryset pitch deckCryset pitch deck
Cryset pitch deck
 
Things You Should Know about Cryptocurrency Payment Gateways Before Investing
Things You Should Know about Cryptocurrency Payment Gateways Before InvestingThings You Should Know about Cryptocurrency Payment Gateways Before Investing
Things You Should Know about Cryptocurrency Payment Gateways Before Investing
 
PaySay
PaySayPaySay
PaySay
 
Factors To Consider While Choosing A Cryptocurrency Exchange!
Factors To Consider While Choosing A Cryptocurrency Exchange!Factors To Consider While Choosing A Cryptocurrency Exchange!
Factors To Consider While Choosing A Cryptocurrency Exchange!
 
Digital cash final
Digital cash  finalDigital cash  final
Digital cash final
 
Bitcoin and Remittances.pdf
Bitcoin and Remittances.pdfBitcoin and Remittances.pdf
Bitcoin and Remittances.pdf
 
Btcadpro copy
Btcadpro   copyBtcadpro   copy
Btcadpro copy
 
CryptoCurrency CashOut
CryptoCurrency CashOutCryptoCurrency CashOut
CryptoCurrency CashOut
 

Recently uploaded

Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 

Recently uploaded (20)

Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 

Is bitcoin payment processor changing the payment game?

  • 1. Is Bitcoin Payment Processor Changing the Payment Game? Business? Nearly 2,500 US business owners currently accept Bitcoin, a figure that does not include Bitcoin ATMs. Worldwide, an increasing number of companies choose cryptocurrencies for operational, transactional, and investment purposes. This data illustrates why you need a clear understanding of what a Bitcoin payment gateway can do for your brand. How Will a Bitcoin Payment Gateway Help Your Business? The cryptocurrency movement is here, and joining may provide your brand with access to new demographic groups. Most crypto owners fall between the ages of 25 and 44, instantly granting you access to three different generations: Gen X, Millennials, and Gen Z. Align with New Buying Principles
  • 2. Data show these users are more cutting-edge than people still purchasing with traditional currency and value transparency in their transactions. In turn, they embrace brands that present themselves as forward-thinking. These groups also have buying power and are likely seeking the products and/or services your brand offers. A study reveals that up to 40% of people who pay with crypto are new customers of a given company. Even better, their purchases tend to be twice those of credit card users. You can therefore boost your brand’s image and appeal to a wider audience by using a Bitcoin payment gateway. Plan for the Future Embracing crypto now can help position your company to function in a future that may include centralized digital currencies. Crypto appears to be here for the long haul and continues to grow in popularity because it’s fluid. Traditional currency is limited by the red tape and condensed hours that characterize most financial institutions. Crypto, on the other hand, can be used and traded at any time of any day. It’s also available to anyone with an Internet connection, eliminating the barriers banks impose to savings accounts, loans, and other financial vehicles. In other words, accepting crypto payments can increase your sales today and guide you into tomorrow. Enter Diverse Markets We’re going to expand upon the point just made. Once you accept Bitcoin payments, you suddenly have entrance to markets you may have been excluded from before. To illustrate, people in some parts of Africa and Asia lack access to viable banking services. They cannot transact with people in other geographical areas – that is, until the arrival of Bitcoin. Thanks to the accommodating nature of Bitcoin, these people can purchase from vendors using crypto payment gateways. This means you no longer have obstacles to particular geographic areas, allowing you to take your brand in any direction you choose. Appeal to key Clients Businesses continue to see that key clients and vendors want to engage by using crypto. Digital currencies eliminate the exchange rates associated with fiat currencies, meaning they’re cheaper to use when purchasing across borders.
  • 3. Crypto is also an investable asset that has performed exceedingly well in recent years. This makes it an attractive alternative to traditional money that can depreciate at any time. Your business may therefore need a crypto payment gateway to continue appealing to its biggest customers. Reduce Payment Fees Credit card fees are on the rise and can work against your goals for growth. In addition to charges that range from 0.5% to 5%, plus a fee for every transaction made, business owners often have to rent credit card processing equipment. This can quickly become exorbitant and gnaw a sizable hole in your profits. Bitcoin merchants, on the other hand, save on fees. Some platforms charge only a percentage of your sales and do away with all other costs. And you pay no fee for accepting Bitcoin. This currency can also be used for other services, including payments to third-party providers like website designers or social media managers. This cuts back on bank charges incurred for money transfers or other bill payment services. Fraud Protection Businesses of all varieties and sizes need to worry about fraud, especially when operating online. Sophisticated hackers can easily gain access to your bank accounts, and chargeback fraud is another regular occurrence. These events not only equate to lost money but also dent the confidence of clients who fear their sensitive information is not being protected. Bitcoin and other crypto-assets provide a real opportunity for increased security. Every transaction is final, meaning permissible chargebacks do not exist. In addition, these transactions are highly encrypted so personal information remains safe and secure. For the added benefit of business owners, some payment platforms implement safety measures to verify payments originate from trustworthy sources. Faster Transactions Just a moment ago, we mentioned that most financial institutions operate only during traditional hours. This can be highly inconvenient, especially when you’re waiting for a transaction to process on weekends or holidays. International bank transfers are similarly lengthy, often taking a full week before
  • 4. funds appear in your account. Such delays can cause extreme frustration; you want the money to land in your account, and the customer wants what they paid for. Compared to banks, a Bitcoin payment gateway moves much more quickly. A cross-border transaction can be completed in mere minutes, allowing you to fulfill customer orders more efficiently. And you don’t need to wait helplessly for a bank to process the payment. Instead, the payment gateway enables customers to pay with their chosen crypto and then pays you in cash. It is a seamless process for both parties that keeps the wheels of business turning. About Kryptova Searching for a trustworthy and hassle- free onboarding Crypto-Payment Solution for your High-Risk International Merchant Account, you are at the right place.... We are the leaders in crypto-payment solutions and we are just one click away https://kryptova.biz/ Set up a meeting with our experienced team, who will assist you with the solutions we have to offer. It doesn't matter whether you are a new Merchant or an old one, you have a processing history or you don't. We are more than happy to provide you with the best of our solutions. (T&C applied) Call us now to book your demo at +44 0 800 - 832 ( 1373) Alternatively, you can write to us at sales@kryptova.biz Looking forward to collaborate with you and help you.