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

26 / 11 / 2022

Crypto Acceptance at the Point of Sale and in Ecommerce

The Paypers Crypto 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.

Sascha Münger

Head of Competence Centre Crypto-Related Products & Metaverse
Sascha Münger is currently working as Head Competence Center Crypto Related Products & Metaverse within the Global Business Division Commercial Acquiring at Worldline Global. In this role, he is responsible for products related to crypto payments at the point of sale and in eCommerce as well as future commerce scenarios in the Metaverse. Previously, he was responsible for the implementation of the payment processing module within the TWINT system at SIX Payments Services (predecessor organization of Worldline). Sascha holds a Federal Diploma of Higher Education in Business Organisation and he started his career 2007 in Zurich at Telekurs Group (later SIX) in various positions within the finance department. In 2010, he moved to Würth Finance International B.V. to work within the Treasury Services division. He then returned to SIX Management in the position as a Cash Manager, before taking on leading positions within Accounting and Billing at SIX Payment Services.