Crypto-Based Gateways for Merchants

[Opinder 1310]

On 11/29/2019 at 7:43 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

Right, crypto's volatility would be reduce when coins would be used for payments instead of speculation. Because in this case coins would be treated as money not an asset. And we could see little stability. 

[Shaza Ahmad 1682]

I do not think that the fluctuations in the cryptocurrency market will decrease in the next few years. The market is still fresh and needs many years and large investments to reduce volatility in the market.

[tienda 8776]

I think the cryptocurrency market is managed by the traders buyers and sellers, so in the future the fluctuation will be for always, there are many coins or services who will be introduced and with volatile price until they find their fix price.

 

 

[Ali_hmwi 966]

But until now I don't see any problem from countries to stop Crypto why they hate crypto and in the same time let everyone do and develop this technology it is really strange .

 

[rianpedia 816]

2 hours ago, Jone20 said:

Governments hate encryption because they claim that it is a great area for fraud, suspicious entry and money laundering in this area, but I believe that they only fear for their interests and the loss of the benefit they impose on citizens.

Just like terrorists, they take advantage of this moment because anonymous transactions cannot be traced. it may take very careful consideration or there is a change in the system so that the government likes it.

[SuperCrypto 7193]

4 hours ago, Jone20 said:

Governments hate encryption because they claim that it is a great area for fraud, suspicious entry and money laundering in this area, but I believe that they only fear for their interests and the loss of the benefit they impose on citizens.

Given that governments are increasing or restricting the amount of money circulating in the economy in an attempt to stimulate investment and spending, generate jobs, or avoid inflation and recession out of control.

[SuperCrypto 7193]

Cryptocurrencies such as Bitcoin and others pose a major threat to the work of government institutions and banks in particular, so they have come to recognize cryptocurrencies as a risk and fear the obsession with speculation in digital currencies.

[Amir Vao 341]

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

Day by day crypto growing so fast for it's importance. Many shopping and e commercial sites provide crypto payment system. They use crypto gateway to provide this service.

[Rezort 846]

I hope that in the next 10 years all Europe would adopt cryptocurrencies and show people who don't know why crypto is so cool and why they need to use it.

[its.cryptologic 163]

The only problem with crypto merchant payment gateways is having the community your business is in adopting the idea of crypto currency. It is becoming more spoken of, but not exactly more used. A lot of people buy crypto to earn and invest, and do not actually want to spend it.

[mis3rably 57]

Volality is vital in deciding a cost. When numerous individuals receive Crypto it is likely that it'll make an increment in costs, but when the trade costs are cheap the cost may drop.

[Mella 3680]

I am not known about this partner and not knew this coin pundi-x until now. I m think I will need to do research about this and see it if there is some good chance for the coin or not, I am not known is this coin on the yobit exchange becuae I am not remember see this.

[Sykkuno 2887]

I don't know how this will make goods price cheaper. Pundi X had some good marketing for a while but it wasn't very popular ever. There are thousands of cryptocurrencies and to compete you need a lot of positives that pundi x fails to demonstrate. I hope this deal with ingenico payments systems becomes popular because I support cryptocurrencies but what is real is that I ahven't heard of pundi x since I started with crypto a year ago.

Edited October 24, 2020 by Sykkuno

[percare 3192]

I don't know anything about this project but having a partnership with Ingenico is big news as this software and hardware company is big in the field of paymens and point of sales machines so it will be a huge boost for pundix if this proceeds.

[Mike1515 2977]

And such will help the wide use of crypto currency its really important we are able to really put up everything in the right perspective and e able to advance the right idea that we have to really create everything in the right perspective that works for us we need to really do a good Job of adopting the whole crypto currency world

[Fixfin 2569]

This pundi-x deal is great for the adoption of their currency but they haven't done a lot since this was annoucned and it is one year later now. It is though a good way to create a gateway for merchants but the pos in merchants are given to them by banks and they are not allowed to change the software.

[yonkii 3205]

Cardano has been doing wonders and I haven't invested yet but I'm considering it. It is an amazing technology and it can even be better than Ethereum when it is fully developed. Also polkadot is another competitor between these two and it seems to have a lot of interest from developers.

[Irungu 4299]

The most important thing today is to make sure that we are able to really be sure of everything that works we need to put together a good effort for it, there is everything that there is out there to make sure that we are able to adopt and the joy of every crypto lover is to have crypto currency adopted and in the end we are able to have something in the end

[annayks 2314]

This is the proper way to create adoption by increasing the gateways with the merchants and shops and allow the use of cryptocurrencies for their goods and services. I hope that more will follow these moves by Cardano and PundiX.

[cryptovlek 2597]

On 11/29/2019 at 4:13 PM, Cryptominded said:

I think it would also lead to cheaper cost of goods, because of lower transaction fees.

If fees are lower then it will make the cost cheaper but look at this problem, right now the fees for banking cards were paid by the merchants and not the customers. With crypto the fees are paid by the customers. So perhaps the best system would be to adopt cryptocurrencies with very small fees because I wouldn't want to pay dollars every day in fees.

[zhoutong 2188]

These were all great news for adoption. Adding merchant support means a lot and there should be a system to be closer to merchant adoption that will be the next step but first we should begin with better ecommerce applications and attachments to websites. This is a big problem that I don't see enough development.

[Calvinpriva 17296]

On 11/29/2019 at 5:13 PM, Cryptominded said:

I think it would also lead to cheaper cost of goods, because of lower transaction fees.

Of course, crypto gateways for merchants are good because they make it easier to purchase products in all over the world, quickly and paying a lower fees. I am using bitrefill, coinpayments, and bitpay to make some purchases online by crypto.

[VijithaVarghese 1994]

This is a really good news for the cryptocurrency world. The world wide acceptance is what is important for the cryptocurrency to be more efficient and effective in the financial market world wide. The more people engage in payments within eachother in trading it's really helpful.

[Syedbesharat 5423]

As a crypto user we always look into merchants who provide good services in local but unfortunately we have to relay at local exchangers who demand more charges and we have pay them because of government policies. This will be great if our government adopt crypto as legal asset and gives license to merchants which will reduce our burden and more freely we can use crypto for goods. 

[Alex9876r 1408]

The use of cryptocurrencies facilitates life in general, so there is no person who does not own a smart phone, which is considered a wallet and his small bank is mobile with him wherever he is, and stores and companies wanted to be his race in this field This is like a snowball and will push more stores and companies to adopt this technology and currencies.