Many believe that cryptocurrency is the currency of the future. Have you been considering accepting cryptocurrency at your business? The arrival of Bitcoin has been making many small businesses turn to this new electronic currency. Here are some reasons accept cryptocurrency as a form of payment at your business so you can join this new digital age.
Business is Booming!
There are currently more than 720 different types of electronic coins and currencies available today. This market is clearly in demand and definitely growing. And according to the Bitcoin Market Journal, there are over 14,000,000 users of BitCoin today alone.
Connect with the World
Cryptocurrency is seriously the money of the world! It can be difficult to transfer money from one country to another but cryptocurrency makes this process so much easier. Cryptocurrency can easily unite you and your business with buyers and sellers all over the world.
Avoid the Middleman
Using a third party service or adding an additional company to help you make your transactions add up quickly. Paypal makes its money by handling your payments and is able to charge 3% on each one of your transactions. Avoid this completely by using cryptocurrency. Make transactions without having to pay a third party.
Time is Money
According to Gilded Finance, a bank transfer can take up to 10 days. Cryptocurrency, for contrast, takes an hour at longest, making it one of the fastest means of transferring money and securing payments. When you use cryptocurrency, the money you are given is yours the second the payment is made. A credit card can take weeks to process, but cryptocurrency makes your money available to you much more quickly.
Keep Your Identity Safer
It can be scary for many customers to submit all of the information when they have to make their personal information available to a company just to be able to make a purchase. When you make a credit card purchase, you have to send a great deal of your personal details in addition to your credit card number. Avoid this completely by using cryptocurrency. None of your personal data has to be shared when you buy and receive money with cryptocurrency.
If you want to join the digital age and be a part of the future, accepting cryptocurrency at your business is an excellent way to start. You can collect payments in a way that is easier than ever and be connected to buyers and consumers worldwide.
Today, 4 in 5 people search online to find information, products, and services. In order to compete and succeed in this age, you need to create a strong digital presence. Work with Free Press Marketing today to extend the horizons of your business!
I actually think it is a great idea to attract more customers