8 Reasons to Start Accepting Cryptocurrency Payments

When you accept crypto payments, you can put your customers in direct contact with their funds. It can be a powerful thing.

Here are eight reasons why you should start accepting crypto payments:

1. You help people who don't have a bank account

2. Cheaper than traditional payment methods

3. You can save on transaction fees and currency conversion costs

4. You keep 100% of the value of each transaction (minus a small transaction fee)

5. Your customers have direct access to their money and don't need to rely on a third party to make transactions like they do with a bank or credit card

6. Crypto payments are irreversible, so there is no risk of chargebacks from unhappy customers trying to return purchases made with crypto.

7. In some cases, your business may even earn interest on fiat currency held by customers (depending on the amount of existing crypto infrastructure)

8. Depending on the type of business you run, there may be tax implications