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Crypto-Friendly E-Commerce Payments

PayBear Enables Payments in Cryptocurrency for Online Retail

— February 22, 2018 — Tech
Whatever your opinions on cryptocurrency, it's impossible to deny that the recent surge in prices has done a lot to bring the concept to people who'd never heard of it before, and PayBear is a new platform that helps businesses to handle the potential repercussions of that. The online tool for retailers makes it simple and affordable to accept several different kinds of common cryptocurrencies as payment.

Cryptocurrency payments have been part of major e-retail tools like PayPal and Stripe before, but those payments have come with unreasonably large charges for businesses, making it difficult to accept cryptocurrencies (and thus cutting out potential sales). PayBear offers significantly lower fees, and it accepts well over a dozen of the most popular coins, like Bitcoin, Litecoin, Bitcoin Cash, Dash, Ethereum, and many others.
Trend Themes
1. Cryptocurrency Payments for E-commerce - The rise of cryptocurrency prices has created an opportunity for e-commerce businesses to accept various types of cryptocurrency payments.
2. Low-fee Cryptocurrency Payments - Businesses can offer a low-fee solution for cryptocurrency payments through platforms like PayBear.
3. Multiple Cryptocurrency Payments - The ability to accept multiple popular cryptocurrency payments offers a competitive edge for businesses in the e-commerce industry.
Industry Implications
1. E-commerce - E-commerce businesses can benefit from offering multiple forms of cryptocurrency payments, enabling greater flexibility for customers and potentially attracting new business.
2. Financial Technology (fintech) - Platforms like PayBear offer a disruptive innovation opportunity for fintech companies to provide affordable, low-fee cryptocurrency payment solutions.
3. Cryptocurrency - The rise in popularity of cryptocurrencies and the need for low-fee payment solutions creates an opportunity for businesses in the cryptocurrency industry to provide innovative payment tools.
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