Technology has added many efficiencies to modern day life. Amongst those gaining traction in recent years has been the emergence of online currencies, including cryptocurrency. Cryptocurrency is digital money that operates independent of banks, but is used similarly to cash.
As cryptocurrencies become more widely accepted as a way to send and accept payment to customers and/or suppliers, it's necessary to understand how they work and whether it's right for your business. This whitepaper discusses what you need to know before making an informed decision, including:
- How Cryptocurrencies Work
- The Benefits and Drawbacks of Cryptocurrencies, such as:
- No processing fees
- High transaction speed
- Price volatility, and
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Download our "Cryptocurrencies and What They Mean for Businesses" white paper to learn about whether cryptocurrencies are right for your business needs.