Cryptocurrencies can make a big impact on the cross-border commerce industry. Flow, one of the market leaders in next-generation cross-border commerce, acknowledges this potential. The firm has now enabled cryptocurrency payments through BitPay. A smart decision in terms of making international payment options more appealing and accessible.
The impact of cryptocurrency on cross-border transactions cannot be overlooked. Their global and cheap nature makes them more suitable than most traditional forms of payment. For Flow, enabling cryptocurrency support is a smart decision. The news comes at a crucial time for the cryptocurrency industry as well.
Flow Embraces Cryptocurrency’s Potential
By supporting cryptocurrencies through BitPay, Flow has taken an important decision. The firm is looking to broaden its international payments availability. Preferred solutions differ from market to market.C atering to all of these needs is very difficult, albeit not impossible. The company also supports Visa, Mastercard, PayPal, and so forth. They have recently added Alipay, UnionPay, and WeChat Pay to this list.
Flow CEO and Co-founder Rob Keve comments:
“We are consistently innovating and adapting our technology platform to enable retailers to provide a seamless and secure localized shopping experience for their customers anywhere in the world. BitPay represents a new era in payment technology. Its addition to our platform not only extends our footprint into emerging digital payments but empowers retailers and brands to dramatically increase conversions by offering shoppers around the world their preferred payment method.”
The introduction of cryptocurrency support has added benefits. It offers full chargeback and fraud protection. Those are two key pillars of what Flow is trying to bring to its clients around the world. Bitcoin and Bitcoin Cash make for excellent additions to the company’s existing offering.