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What are the significant advantages of cryptocurrency acquiring?
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The traditional acquiring fee of 3%-6% is reduced to 0.5%-1%, eliminating payment gateway fees and multiple exchange costs, saving costs for small and medium-sized enterprises with meager profits.
Blockchain technology reduces settlement time from 3-5 days to minutes or even seconds, improving cash flow efficiency and helping businesses operate quickly.
Through stablecoins or real-time exchange mechanisms, multiple currency conversions and exchange rate fluctuations can be avoided, which will especially benefit emerging market businesses.
Cryptocurrency breaks through geographical restrictions and supports the collection of small currencies such as Vietnamese Dong and Nigerian Naira, helping companies to explore high-potential markets.
The core value of cryptocurrency cross-border acquiring is low cost, high speed and transparency. Compared with traditional cross-border acquiring, the two have jointly reduced costs, improved efficiency and expanded market coverage, providing small and medium-sized enterprises with new tools for global competition, with unlimited potential.
