by Marvin Dumont
The regulatory environment can be unforgiving: The high cost of compliance comes with the high cost of non-compliance. Card payments aren’t much better. They’re expensive. Charge-backs and fraud are two examples of friction in transactions.
Tech-forward business owners have cryptocurrencies as an alternative. Cryptos may not be a universal payment solution since some consumers aren’t adopters. However, programmable monies give vendors a few advantages.
- Lower Fees
Fees are typically much lower when vendors accept cryptos compared to Visa and MasterCard.
2. Blockchain Records
Settlement data is stored on blockchain, which makes it tamper-proof.
3. Frictionless, Cross-Border Transactions
Crypto payments are easy, and they transcend borders. They’re regulation-resistant.
The rise of ecommerce is matched by the rise of digital funds. For online orders, it’s convenient to accept cryptocurrencies.
In advanced economies, the majority of online shopping now takes place via smartphones. Cryptos are the money of the internet.
Apollo (APL) all-in-one privacy currency combines features of mainstream cryptocurrencies in an unregulatable platform. With two-second block speed, APL is one of the fastest cryptos on Earth. “Apollonauts” use features such as Encrypted Messaging, Smart Contracts, Decentralized Exchange, Dapps, and Decentralized File Storage.
Learn more at www.apollocurrency.com