What are the advantages of cryptocurrency payments over fiat payments for business and customer?
What are the advantages of cryptocurrency payments over fiat payments for business and customer?
- The ability to pay from anywhere in the world.
- Anonymity: Payment with cryptocurrency provides a high level of confidentiality, since transactions do not contain personal information about the payer.
- Low fees: Crypto transactions are cheaper, as they do not require the participation of intermediaries and banks that charge fees for their services.
- There is no need to comply with PCI DSS requirements. The blockchain itself guarantees the security of payments and client accounts.
- More audience: The availability of crypto payments increases the number of customers. This will attract a new audience to your business.
- Speed of transactions: Crypto payments occur instantly and without delay, which reduces the time of operations.
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