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Crypto-Based Gateways for Merchants

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A number of companies worldwide have been developing gateways that let merchants receive payments in cryptocurrency.

In mid-November, French payment firm Ingenico partnered with Singapore-based crypto startup Pundi X to enable its customers to receive payments in crypto using smartphones.

On Nov. 8, Swiss crypto broker Bitcoin Suisse teamed up with European payment and transaction services provider Worldline, planning to allow 85,000 Swiss merchants accept payments in major cryptocurrency Bitcoin (BTC).

It is very heart warming to read such news that countries across the globe are really working on attracting many more merchants to adopt and start accepting payments in cryptocurrencies. When that happens, we can expect that the volatility associated with cryptos would be greatly reduced. I think it would also lead to cheaper cost of goods, because of lower transaction fees.

https://cointelegraph.com/news/cardanos-payment-gateway-for-merchants-is-now-live

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Gateway is important for cryptocurrency. We who are working with cryptocurrency we have to know that what is gateway and what is merchants. In my opinion both are related to each other and both are connected to cryptocurrency. So we can say that all are related to each other.

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Where is the sad thing about it, my friend vice versa This is a positive step towards the development of the financial system and the addition of cryptocurrencies as an additional way to pay

Edited by Thekingcallme

 

Life is great and enjoy it

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You are right in saying that different countries around the world are attracting more and more business organizations and sites to pay and accept, and they are being given the benefit of using it. Many countries have not yet recognized this.  Should be given and this will increase the number of users and its volatility will be very low
And I think people will benefit more from using it and they can easily make money from one country to another or from one place to another

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I think it's even very good on the one hand, because cryptography is developing even faster, it's cool! There will be various platforms and in stores it will be possible to pay with cryptocurrency

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10 hours ago, Thekingcallme said:

Where is the sad thing about it, my friend vice versa This is a positive step towards the development of the financial system and the addition of cryptocurrencies as an additional way to pay

I don't see anything sad about this development, because that is the sure way to have the price of Bitcoin stabilized and many more people adopting it. Imagine the boost the adoption of Bitcoin by Amazon for instance would impact on cryptoworld! More merchants means more endorsement and liquidity.


 

 

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Hopefully companies in other countries also use cryptocurrency. Very interesting if cryptocurrency technology is used for positive things

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On 12/2/2019 at 2:02 PM, Sameer25 said:

Mercent need such a hood bunber to be in the crytp workd 

Bitcoin market is very volatile and certainly not ideal or attractive to many merchants because there's every likelihood that loss of value after sales is going to be a major issue for merchants operating with cryptocurrencies without a buffer. So it's indeed a good news to see companies filling in the void.


 

 

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I'm quite impressed with these news as Ingenico is also one of the main POS manufacterers and work with the banking transactions sector in almost every country. 

The parntership with Pundi-X proves that the big tech corporations are understanding the importance of cryptocurrencies.

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It is clear that in trading with cryptocurrencies, an important role is played by the commission. This will lead to the greatest result and a positive balance. 

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That's good news, if a merchant can easily use cryptocurrency it is likely that there will be lots of things that can be purchased using cryptocurrency directly


 

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This is a really good way to make merchants safe and secured since because cryptocurrency is one of the most secured thing in the world, this will help the merchants to make sure that their money is also safe. Also they can do faster transactions.

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All of us who work in crypto should know what a crypto-based gateway is for merchants. It works in the development of crypto is great at work. The gateway to crypto is interconnected.

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I think you are right in saying that more and more business companies from different countries of the world are attracting sites to pay for and accept this bitcoin, and they are being allowed to use it. Many countries still do not recognize this. General Chat Chat LoungBecause they do not know the price of this Bitcoin yet. And they should know and this will increase the number of users and the instability will be very low
General Chat Chat LoungAnd I think people will benefit more by using it and they can easily make money from one country to another or from one place to another

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On 11/30/2019 at 1:28 PM, laska smrtici said:

Cryptocurrencies are constantly evolving and are supported in many areas every time by many countries, including China
This is a remarkable development

China has a very good population and it has enough economical balance. now china accepting bitcoin this is a very good sign for us. we will be profitable by holding bitcoin.

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Others good news for the gateway now 

Crypto users from Turkey do not need third-party payment methods to buy and sell crypto on the Blockchain.com Exchange.  This release says that "Turkish users can now deposit, withdraw, and use TRY to buy Bitcoin (BTC), Ether (ETH) and Tether (USDT) and convert their crypto into their chosen fiat currency."

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It seems that cryptocurrencies will become an available option for payment in companies and in all areas and this is great for me

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THINK POSITIVE

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On 11/29/2019 at 3:13 PM, Cryptominded said:

It is very heart warming to read such news that countries across the globe are really working on attracting many more merchants to adopt and start accepting payments in cryptocurrencies. When that happens, we can expect that the volatility associated with cryptos would be greatly reduced. I think it would also lead to cheaper cost of goods, because of lower transaction fees.

https://cointelegraph.com/news/cardanos-payment-gateway-for-merchants-is-now-live

yes, technically more people means more volume and more volume means less volatility because the  price to go up or down need to pass through many people.

i also see that people who accept bitcoin are increasing every day

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On 2/4/2020 at 3:33 PM, Rickso said:

yes, technically more people means more volume and more volume means less volatility because the  price to go up or down need to pass through many people.

i also see that people who accept bitcoin are increasing every day

Yes that is a step towards mass adoption and when that finally happens, we are going to start seeing stability in the price of Bitcoin and then its essence as a store of value will become glaringly clear.


 

 

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Volality is important in determining a price. When many people adopt Crypto it is likely that it will make an increase in prices, but when the exchange costs are cheap the price may fall.

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On 2/2/2020 at 6:31 AM, Yanadia said:

Others good news for the gateway now 

Crypto users from Turkey do not need third-party payment methods to buy and sell crypto on the Blockchain.com Exchange.  This release says that "Turkish users can now deposit, withdraw, and use TRY to buy Bitcoin (BTC), Ether (ETH) and Tether (USDT) and convert their crypto into their chosen fiat currency."

That's good news and shows the government is interested in the welfare of its citizens to cushion the effects of falling Lira. That makes it vividly clear that Turkey is one of the cryptocurrency friendly countries as we heard last time of its concluded plans to launch state-backed digital currency - the digital Lira. 


 

 

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On 11/29/2019 at 8:13 PM, Cryptominded said:

It is very heart warming to read such news that countries across the globe are really working on attracting many more merchants to adopt and start accepting payments in cryptocurrencies. When that happens, we can expect that the volatility associated with cryptos would be greatly reduced. I think it would also lead to cheaper cost of goods, because of lower transaction fees.

https://cointelegraph.com/news/cardanos-payment-gateway-for-merchants-is-now-live

We saw in some past years and month many sites and shops adopt bitcoin for payment. Also some countries setup atm machines to provide services. We can also purchase domain and hosting through bitcoin from online.


 

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I know bitpay offers such a service where you can deposit cryptocurrencies like bitcoin or ethereum into their wallet and use it for payments to merchants like Skrill 

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The spread of payments among traders using cryptocurrencies will increase the popularity of cryptocurrencies. When a merchant accepts payment for bitcoin in exchange for his goods, a lot of new money will enter the cryptocurrency market.

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with anticipation companies in other countries and employment cryptocurrency. extremely interesting if cryptocurrency technology is old for unquestionable clothes
 

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