Contactless payments are growing in importance and urgency. This tendency became more vividly expressed in 2020 because of COVID-19. Safety measures made more and more people avoid using cash. So, it’s no surprise that crypto integration is shaping a new trend in payments and enabling merchants to take a new step in their journey.
Cryptocurrency at POS
Contactless payments are also called Tap to Pay. This payment method emerged in the U.S. back in 2014: people started making contactless payments via digital wallets. Last year, digital wallets represented 44.5% of eCommerce transactions and 25.7% of global POS fee strategies.
Nowadays, not enabling your customers to transact digital currencies might place you behind the competition in your field. Customers’ interest in digital wallets has to do with ease of use and safety. The safety factor obtained exceptional importance in 2020 when COVID-19 appeared.
Did you know that smartphone penetration is expected to make up almost 91% by 2025, which will undoubtedly result in a significant rise in digital payment processing and the Tap to Phone payment method?
With crypto integration gaining more traction, working with a payment expert that can make payments more accessible and empower businesses to grow is getting increasingly pivotal. That’s where reputable payment processors step in. Take the time to do your research and find a true payment expert that can provide you with the most competitive rates and the most advanced merchant processing solutions in the field.
Cryptocurrency integration is turning into mainstream. After all, your customers are looking for easy-to-make and innovative payment processing solutions, and crypto gives them all this. Straightforward payments that consumers can complete in seconds via smartphones make a big difference for them indeed.
Today, the solutions for crypto transaction processing are growing in today’s fast-paced, tech-focused payments market. Both consumers and merchants are searching for payment solutions that are easy to integrate at the POS or in eCommerce to guarantee smooth and secure cryptocurrency payment transactions in both physical and online shops.
To wrap things up, touch-free payment alternatives are paving a path towards a significant rise in contactless payment adoption. Crypto money integration at the POS allows merchants to access new opportunities and succeed.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest rated high risk merchant account processor in the country that can best help you with crypto integration. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.