OLB Group (OLB) - a New York-based e-commerce service provider, is pushing businesses to accept payments with cryptocurrency.
Customers wishing to pay with electronic money at the store or by mobile phone simply need to choose “pay with electronic money through their electronic wallet”.
All payments are processed through SecurePay, a payment gateway that validates transactions, converts cryptocurrencies to US dollars, and final transaction approval.
Since the outbreak of the Covid-19 epidemic, the demand for online and non-contact orders has increased. Therefore, OLB Group decided to integrate electronic payment to help people buy and sell more easily and avoid contact with each other.
Ronny Yakov, CEO of OLB Group, said that the company is focusing on helping businesses with cryptocurrency payments. The expansion of crypto adoption still needs more time as cryptocurrencies are still in their early stages of development.
“The adoption of cryptocurrency payments is still very early, but we are seeing a growing interest from users and businesses. In the future, the option to pay with cryptocurrency will probably be a must.
“Customers should have more options instead of using traditional payment methods. Cryptocurrencies have many advantages, such as lower transaction fees for processing cryptocurrencies - usually half the regular credit card fees and extremely fast speeds, ”Yakov said.
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