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Why most companies don't use crypto as their payment gateway.
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[QUOTE="Mika, post: 258616, member: 29399"] One of the main reasons for paypal not being used as a payment system is because of its volatile nature. For example, you paid $10 for a product, and by the time the merchant received the payment it could be $9 or even lower. Well, it could also be $11 but let’s not always be optimistic. The same goes around with the receiving end. If you received $10 via paypal it will be $10, but with crypto payment, the value will fluctuate. This is the main concern with crypto payments. Even the companies that accepted crypto payment are trying to switch back to fiat payment due to this bearish market. Another reason is because of mistrust. A lot of governments around the world are distrustful of crypto. Some governments have even gone further to ban crypto use. Another possible reason might be due to the banking system. Our all monetary system is under the control of banks, and they do not want to give away that monopoly. [/QUOTE]
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Why most companies don't use crypto as their payment gateway.
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