Altcoins
Why BlocPal Is the Easiest Way to Accept Cryptocurrency
The face of the retail industry is always changing.
E-commerce is one of the fastest growing trends worldwide, and for good reasons.
It’s convenient, secure, and is effective at connecting merchants with interested shoppers from across the world.
For this reason, it’s no surprise that online shipping is expected to overtake brick-and-mortar stores globally by 2021, making it the world’s largest medium for retail. As the industry changes, it’s important for retailers to keep up with the latest technology so they’re able to accommodate more customers at once. This is where BlocPal comes in.
BlocPal offers business owners an easier way to process payments
BlocPal understands that not every business owner adapts to technology at the same rate. As such, BlocPal has been designed to optimize transactions for both online and brick-and-mortar companies so that every retailer can enjoy the benefits that come with the world’s first true multi-currency payment solution.
With BlocPal, business owners can enjoy the following benefits:
-
- The ability to process payments in fiat (USD and CAD) currency as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, and Ethereum. Expect more currencies to be added as BlocPal grows.
- Compatibility with e-commerce and Point-of-sale (POS) systems.
- Instant authorizations that bypass the waiting times associated with cryptocurrency transactions.
- Guaranteed payouts directly to your bank account. All transactions processed through BlocPal are final, meaning vendors are protected against fraud including chargebacks.
- Some of the lowest transaction costs in the industry. Fees are 1%, with a maximum of $5 being charged at any time.
- A robust merchant dashboard that makes it easy for vendors to keep track of all their inventory, invoicing, sales, and more.
- An auto-convert currency feature eliminating currency exchange risk for the merchant.
BlocPal is also designed for maximum convenience.
It doesn’t have the same learning curve as other blockchain-related payment platforms, meaning anyone can pick it up and get started. This is because BlocPal comes with a fully integrated system that supports POS transactions and e-commerce, accepting both fiat and cryptocurrencies. Using BlocPal in physical stores is as simple as scanning a barcode, and since the platform has plugins for WooCommerce, Shopify, and Magento, integrating BlocPal into your online marketplace can be completed with the click of a button.
Looking for a new way to process payments? BlocPal offers a quick and easy way to switch between fiat and cryptocurrency without any of the risk. Merchants can even opt to automatically convert crypto transactions into fiat currency, ensuring they’re fully protected from market volatility. This means the transaction can start with cryptocurrency and end with fiat currency within a split second, without the merchant ever holding cryptocurrency.
Visit the BlocPal website today to register and become a BlocPal merchant.
There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000. Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally. A few of the largest altcoins remain popular but the rest of the market continues to lag behind. In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive. That prediction appears to be playing out as expected. Going forward, only the best projects that have a real world need will survive. Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets. One promising project that appears to have the makings of a future winner is KaratGold Coin.
KaratGold Background
KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.
Karatbars International and GSB Gold Standard Banking Corporation…
Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.
A Change is Needed
When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:
- Constant fear of hackers
- Exchange manipulation
- Fragmented liquidity
- Risk of identity theft
One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.
Another huge risk is having to deal with…
When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency. It would be free from the bureaucracy of governments. And free from the tyranny of the old-world financial cartels. Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.
One of the biggest roadblocks for Bitcoin has been scalability. At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa. Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.
Libra Currency Announcement
One development that could help pave the way toward mass adoption is the launch of the Libra currency. Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement. According to Facebook, Libra will make sending money online cheaper and faster. It will also have a hand in improving access to financial services, especially for the unbanked. Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies. Additionally, it could provide the growth spark that cryptocurrency needs.
Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users. This application is…
-
Altcoins4 days agoKaratGold Proves Its Business Model By Providing Official Documents
-
Altcoins2 weeks agoICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges
-
Hot Updates2 weeks agoMiningzoo Bitcoin Cloud Mining Platform Appoints New CEO
-
Featured news2 weeks agoCan Sharding Fix the Limitations of Blockchain or is the Network Doomed?
-
Trade2 weeks agoStellar now available on eToroX exchange
-
Hot Updates2 weeks agoWant to Win a “Juicy” Trip to Las Vegas and €50,000? Here’s How!
-
Hot Updates1 week agoSmart Mixer Unveils Privacy Enhancing Solutions to Keep Your Transactions Anonymous
-
Hot Updates5 days agoNEXO Token Holders Receive US$2,409,574.87 in Dividends
