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WHY YOU SHOULD INTEGRATE CRYPTOCURRENCY IN YOUR BUSINESS.

The use of cryptocurrency allows transactions between individuals on a decentralized peer-to-peer network without the need for third party involvement in the process. The advantages associated with its usage has pretty much led to a higher demand for crypto payments as a border-less , transparent and secure way of conducting payments.

As a business owner, you understand the user experience when making a purchase is very important in sales. You want to make it seamless for your customers to be able to checkout with a range of online payment options. 

Amazingly, more and more businesses are using cryptocurrency options including big names such as Microsoft and Expedia. Even Paypal has added Bitcoin to one of its payment options. There are several benefits of integrating cryptocurrency in your business.

 

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FASTER PAYMENT.

There’s absolutely no need to wait for funds processing with Bitcoin payment or other types of cryptocurrency. Regular bank transfers can most times take several working days or be delayed over protocols. A crypto transaction is received and processed instantly in real time.

 

  • IMPROVED CUSTOMER ACCESS.

No doubt, one of the biggest benefits to using cryptocurrency is that it throws open doors to new markets within and outside your country. Helps you to easily take payments from buyers living in other countries with a universal payment currency that can be converted into GBP at your end. This can boost your business revenue and encourage rapid growth.

 

  • HEIGHTENED SECURITY.

Knowing that cryptocurrency is decentralized in nature, cryptocurrency protects users against fraud. There are no third parties whatsoever that can tamper your online transaction. The blockchain stops customers without appropriate funds to make payment, thereby reducing the high chance of time wasting chargebacks.

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  • REDUCED TRANSACTION FEE.

There are less or fewer fees or charges associated with cryptocurrency in comparison to small business payments that use credit cards for payment or bank transactions.

In conclusion, there is a lot of controversy and challenges surrounding the use of cryptocurrency, but many business owners are embracing crypto currencies such as Bitcoin for ease of transactions. Incorporating cryptocurrency to your business is a great way to distinguish yourself.

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Exzie is a platform for copyright lease. On this platform, content owners can lease the right to their work for a specified period of time. During this period, the content owner still has ownership but all royalties generated belong to the Entertainment Execs who leased such content(s).