The Paypers Crypto Payments and Web 3.0 for Banks, Merchants, and PSPs | Report 2022

Many people across the world are using crypto as an investment vehicle, but opportunities to use cryptocurrency or stablecoins like USDC and USDT as a means of settlement, payments, and exchange are rapidly expanding. The journey has been bumpy so far, and not everyone is enthusiastic about crypto because the currency is volatile, implies monetary risks, is associated with money laundering, and the list can continue. Still, the longer-term potential for blockchain and digital currency-based payments remains. To be fully explored, it needs to be explained, understood, and tested.

Worldline payments expert Sascha Münger explains how crypto acceptance works at both the point of sale and in ecommerce, and the benefits this new payment method can bring to merchants and consumers.