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Posted By Monica P on 05/04/2018

Companies Are Stretching & Accepting Digital Currency for Services in Variant Fields

Companies Are Stretching & Accepting Digital Currency for Services in Variant Fields

Businesses desiring to give their bottom line a boost should ponder cryptocurrency. As cryptocurrencies like Bitcoin, Ripple, emerge in popularity as a mainstream form of payment, companies can capitalize on an advanced and fresh target audience, among other profitable benefits.

Businesses and Banks alike are evaluating the benefits of digital currency as well as the blockchain technology that reinforce it; this is what clients are demanding.


Let’s talk about a live instance:

CheapAir.com was the initial online travel agency to accept Bitcoin, and within six months processed approx. $15 million in BTC transactions.

Isn’t this Awesome!


This means that digital transactions could eventually set off the norm as the technology pursues to gain traction among companies, banks, businesses alike.


Which Businesses Accept Cryptocurrency?


Currently, Companies both large and small are accepting cryptocurrency. There are thousands of online and brick-and-mortar, companies that welcome digital currency from customers.

In Japan, it is estimated that over 250,000 companies accept Bitcoin. That’s just 1 country!

Watch out the similar video on Companies Accepting Cryptocurrency Payments:

From online travel to food delivering services to house cleaning services, diverse companies are adopting cryptocurrency. Microsoft, Sears, Ultimez, Subway, Tesla, Home Depot, Shopify, OverStock.com, etc. are all welcoming digital currency.


Set Foot in the Global Marketplace


Cryptocurrency adoption eases the international transactions by cutting down the cost & time involved in processing them.

You can retrieve payments internationally with slight processing wait times and cost-effective fees. This enhances your business a go-to for many cryptocurrency holders.

From gaming to web services sectors, there are numerous industries already reaping fruits from digital currency adoption.

Bonus– It is even fruitful to have a cryptocurrency portfolio to enrich a passive income for the small business.


Few Well Known Companies Accepting Cryptos in Different Sectors:


Web Services


Product Selling Stores/Sites


Food Sector


Travel Companies


E-Gift Cards


Precious Metals


ICONS

If your business belongs to any of these sectors, it is vitally important for your future success to implement a crypto payment option on your website.


The advantages of using cryptocurrencies are substantial include:


  1. Increase in new client traffic: Users passionate about cryptocurrency wish to spend it, and they’ll go for stores that accept it while given the option.
  2. More regular customers: People love knowing that business owners care for them and consider their pain points including payment types.
  3. Quick processing time: Cryptocurrency transactions take place at near-instant speeds, so wait time is less from making a sale and clearing the payment.
  4. Better control over cash flow: While payment withdrawals take place rapidly, it’s simpler to control the cash flow.


Last Words

Take your business to the next level and guard your growth and success for the coming future. With Millennial more likely using cryptocurrency and ease of peer-to-peer transactions, it’s time to move the next step. Adopt cryptocurrency and announce a form of payment that will set you ahead of your competitors.

 

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