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B2B companies demand cross-border payments but are wary about cryptocurrency, ac...
source link: https://nextbigwhat.com/b2b-companies-demand-cross-border-payments-but-are-wary-about-cryptocurrency-according-to-a-survey/
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B2B companies demand cross-border payments but are wary about cryptocurrency, according to a survey.
- According to the report, an alleged lack of convenience is one of the biggest impediments to the adoption of crypto payments by B2B firms, as 30% of respondents indicated that convenience is a key decision factor when considering this payment option.
- While the majority of B2B firms are apparently not yet ready to adopt crypto payments, such companies reportedly face a significant demand for virtual card and cross-border payments, with 64% and 62% of respondents exploring or adopting these areas, respectively.
- As previously reported, payments in cryptocurrencies like Bitcoin make up one of its biggest use case demands, with 60% of crypto owners in the United States indicating interest in using crypto as a payment method.
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