4 Challenges Experienced by Merchants when Accepting Digital Assets

[Goodcat49]

The use of Blockchain technology and Cryptocurrencies has been significantly increasing among different companies, institutions, people and businesses, due to the hype surrounding it in terms of its major benefits including more secure transactions, an increase in userbase, lower fees, averting chargebacks and quicker funds clearance.

Putting the hoopla about digital currencies and the high growth rate of e-commerce aside, merchants are still experiencing four big challenges as far as adoption is concerned: Integration of digital currency payment; Speed of digital currency payment; Price volatility of digital currencies; Digital currency to fiat settlement.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/challenges-experienced-by-merchants-when-accepting-digital-assets/

[cowz]

Volatility is a major problem for retailers, but they can always transfer it to stable coins or keep it for speculative gains. Conversion to fiat is another major barrier, coinbase fees are really high!