Are cross-border crypto payment solutions taking over the traditional fund transfers?
Crypto payment app development - What does it do? How does it reduce our work? Is fiat payment solution still a better one compared to crypto transactions? Are these questions bugging you lately? So, to answer these, here you go with the benefits first. Cross-border crypto payment solutions have the following benefits. cross-border crypto payment solutions Instant transfer of funds There is no intermediate that moderates the payments or maintains the ledger. Hence the time taken to transfer the fund is just a few seconds. Border or language is no barrier for funds transfer. Low transaction cost The charge you pay for transferring fiat across the borders could be up to 10% of the amount transferred. However, to exchange or to even make cross-border crypto payment , this is the best solution. It charges a maximum of 1% per transaction. No chargeback fraud Once an amount is sent to a person, it can not be reversed. The whole of the ...