In the past few years, cryptocurrency has procured popularity and acceptance among various institutions, industries, and individuals. As the power of crypto increases, there has been a demand for crypto payment processors around large businesses. BillBitcoins is one such crypto payment processor that has been gaining popularity in the market developing interest among retailers and large businesses as they accept cryptocurrency as a payment option.
Increasing Demand for Crypto Payment Processors Around The World
As the World rapidly adopts digital assets, global businesses are getting ready to accept cryptocurrency as a mode of payment, which has led to the rise in demand for crypto payment processors among global business organizations. Between 2022 to 2028, market researchers show a congruous CAGR of 22.8%. The recent crypto collapse led to a bearish market phase. However, even then the crypto market capitalization raised up to $863 billion. Brazil along with various other countries is adopting a crypto payment gateway.
Blockchain pioneer and CEO of BillBitcoins, Mr. Raj Chowdhury, states “Crypto payments gateways will inevitably be the future of payment processing services. The numerous advantages combined with fluctuating fiat valuations is propelling its adoption across nations all over the world.”
Billbitcoins is a crypto payment processor underpinned by blockchain technology, that assures the latest security updates. The payment gateway emphasizes quick settlements and zero chargebacks at processing charges for several traditional legacy services. The cryptocurrency-based payment processor does not involve third parties during the process and uses the new ledger technology, blockchain to prevent fraud and identity thefts. The gateway also helps to exchange bitcoins for fiat currencies free of cost for the first one million dollars.
Why is Crypto Payment Processor A New Trend in The Market?
As crypto is becoming popular, more businesses worldwide are accepting crypto as payment. Bitcoin is one of the largest and most popular digital coins in the world. Many large businesses accept Bitcoin as a legal source of funds. Moreover, in a recent survey, 75% of the US retail companies are ready to accept crypto as a payment and is spending more than a million-dollar on building the infrastructure. Microsoft, AT&T, and Wikipedia are already accepting crypto as a mode of payment. This has established a huge opportunity for crypto payment processors like BillBitcoins to be recognized by the World.
There are more than twenty-six countries over six countries that are currently using products designed by HashCash Consultants. Several nations including, the USA, Brazil, UAE, Canada, etc have had a crypto transformation. Being one of the best blockchain development companies, HashCash has recently announced a flat 50% off on all it’s white label crypto exchange products and services. This provides a golden opportunity to entrepreneurs and businesses who want to start their own crypto exchange platform.
Today, there are more than three hundred million crypto users, and the number is likely to increase in the coming years. This has led to a trend in the global business market to introduce crypto payment processors in their system. BillBitcoin is a global crypto payment processor that offers profit addition chances for businesses with several possibilities of transactions including cryptocurrencies.