the latest Bitcoin News, is very attractive for anyone interested in investing. However, when there are costs to cover and budgets to meet, volatility becomes a big risk.
If a merchant accepts payments in crypto, they run the risk that if the value of the digital currency suddenly falls they would not be able to pay bills, suppliers and employees since these expenses are in fiat currencies.
Most retailers that do go through the hassle to implement crypto in their systems include bitcoin but rarely any other currency. And with more than 1300 different cryptocurrencies, accepting only bitcoin is like opening a fruit store and selling only apples.
The solution
“With PayCo customers will be able to pay with bitcoins at the shop or online and the entrepreneur will get money on his bank account if he wants it. It is cheaper and safer than the common credit card payment” -Cointed’s CEO Christopher Rieder
With PayCo integrating bitcoin into existing cash register systems and online shops is cheap and easy.
Link :http://btcnews.com/cointed-payco-future-payments/
