Accepting Crypto as a payment!
In today's rapidly evolving digital landscape, businesses are constantly seeking innovative ways to enhance their operations and attract new customers. Accepting cryptocurrency as a payment method offers a multitude of advantages, positioning your business at the forefront of financial technology.
Learn the benefits of accepting Crypto as a payment!
The Statistics
According to Forrester, a leading research firm, new customer sales surveyed Rose by 40%. "Many customers who pay with Bitcoin or other cryptocurrencies are new to the merchant & would not have purchased otherwise."
Merchants surveyed in this study who became Bitcoin adopters avoided 2.25% in transaction fees & had fewer chargebacks.
Faster Transaction Processing: Crypto transactions are settled almost instantaneously, unlike traditional payment methods that can take days to clear. This faster processing speed can improve cash flow and streamline business operations.
Enhanced Brand Image: Accepting crypto can portray a business as innovative, forward-thinking, and attuned to the latest technological advancements. This positive brand perception can attract new customers and foster customer loyalty.
Key findings:
70% of crypto consumers spend over $100 in crypto a month.
80% of central banks worldwide are exploring using digital currency.
69.8% of crypto consumers are younger than 35.
57.2%of crypto consumers find crypto payments better than all other options.
4 reasons to accept Crypto:
450M+ Wallets ready to spend across the entire world.
$57+ Trillion is the annual traded volume of crypto in 2023.
2x Crypto users spend double the amount of credit card users spend.
2022 Fastest growing consumer segment in 2022.
Here are some specific examples of businesses that have increased sales and revenue by accepting Crypto:
Overstock: The online retailer reported a 50% increase in sales from crypto customers in 2021.
Shopify: The e-commerce platform reported that merchants who accept crypto have an average order value 2.5 times higher than those who don't.
Twitch: The streaming platform saw a 70% increase in donations from crypto users in 2021
Top largest Retailers accepting Bitcoin!
These examples demonstrate the potential for businesses to boost their bottom line by embracing crypto payments. As cryptocurrency adoption continues to grow, the benefits of accepting crypto are likely to become even more pronounced in the future.
It can help to bring in NEW customers.
CONTRIBUTE to larger order sizes.
REDUCE fees, chargebacks & fraud.
Crypto buyers tend to SPEND DOUBLE the dollar amount
versus the clients that spend with Fiat cash money.
A study found that the security of blockchain backed cryptocurrencies helped prevent payment mistakes and limit fraud, saving merchants about 1% of total sales.
All the benefits of Crypto & NONE of the risk!
Completely wallet & crypto agnostic.
Instant crypto to fiat conversion.
Available online and at point of sale.
Free implementation & lower fees than your credit card
payment provider.
Contact us today to learn more!
Office:
Rosenberg TX
Call:
281-247-6356
Email:
simplicity360marketing@gmail.com
Site:
www.simplicity360solutions.com