Crypto payment is gaining traction as the process is introduced as an option for e-commerce check-out and in-store purchases. A pioneer that is driving this innovation is 'Fold.' As a mobile application, the platform supports Bitcoin's Lightning Network. In 2019, the business expanded vastly and the company introduced a fiat currency payment option.
Users who wish to experience and get more confident with crypto payment can now do so by simply synchronizing their credit card or Lightning wallet. To increase engagement for this new form of exchanging currency for goods, 'Fold' enables users to "stack sats." For those who are not familiar with Bitcoin, this means that when paying with Bitcoin or fiat currency, consumers can accumulate satoshis -- the smallest fraction of a Bitcoin that can currently be sent.
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