A blockchain-powered crypto payment gateway has been gaining popularity with US retail merchants looking for ways to attract more customers. This comes amid growing crypto adoption and usage in the US.
Crypto Payment Gateway Popularity in the US
The potential benefits of crypto when it comes to payment processing are undeniable. One reason for this is its ability to allow fractional transactional processing, with lower chances of error. While scalability concerns exist, this will be short-lived as usage grows in multiple sectors of the economy.
As crypto usage continues to rise, retail merchants in the US have been moving towards accepting crypto payments. Major corporations around the world have already accepted Bitcoin, pushing the usage of the leading crypto coin by market cap across numerous sectors.
One company that is leading the use of crypto to make payments is HashCash Consultants, which is a global blockchain development firm. It draws attention to the rise in crypto adoption amidst rising demand for its crypto payment processing software, especially amongst US retailers.
The globally accepted software merges the latest in blockchain technology with high-speed payment processing. HashCash’s solutions allow organizations to accept crypto payments across their global network. This solution features API Integration, a Pay Now button, Bitcoin (BTC) invoicing, an A/C management interface, ticketing, and much more.
What the Numbers Say
According to the data from a Deloitte survey, 75% of US retailers plan to integrate crypto payments into their systems in the next 2 years. Over half of the biggest retailers with revenues over $500 million allocated at least a million worth of resources to build crypto payment infrastructure.
The Deloitte survey comprised executives from various sectors such as cosmetics, digital goods, electronics, fashion, home and garden, food and beverage, services sector, and many others. It was found that 73% of small and medium-sized retailers with revenues of $10 million to $100 million have invested $100,000 to $1 million to create crypto payment infrastructure.
What the Leadership Had to Say
According to Raj Chowdhury who is the HashCash CEO, the crypto payment revolution was well underway with most financial services and payment corporations dabbling in Bitcoin. He added, “Other sectors are following suit, and the resulting proliferation will mark the transformation of the global financial scenario”.
HashCash and the Crypto Revolution
HashCash, which is based in the US, is a leader when it comes to crypto innovation and blockchain development. Its products are currently deployed in over 26 countries. HashCash has played a key role in the UAE’s and Brazil’s growing crypto transformation. The company recently revealed that it was expanding into India, and Dubai, in addition to offering a special discount on all its existing products. Its efforts in the crypto sector have earned it industry-wide recognition, with a recent award for Top Blockchain Development Company in San Francisco, confirming its hard work was paying off.
About HashCash Consultants
HashCash is a global software firm with a focus on creating blockchain products that enable companies to move assets and settle payments across borders in real-time. Its services are geared towards facilitating remittances, payment processing, trade finance, and more.
The company operated a US-based crypto exchange called PayBit, and a digital asset payment processor called BillBitcoins. It provides exchange and payment processing software solutions, ICO services, and customized use cases. The company also fosters development in the sector via its Blockchain1o1 programs, and an investment arm called Satoshi Angels. HashCash also offers solutions in Big Data, AI, and IoT via its products, platforms, and services. The company is committed to solving the biggest challenges in the crypto and blockchain world by coming up with innovative digital transformation strategies for its global client base.
