#paymentindustry

These days several payment methods have emerged that could help anyone buy and sell anything using digital currencies. With cryptocurrencies getting the spotlight nowadays, several questions have emerged. One of the popular questions is how one could buy bitcoin and other cryptocurrencies using Paypal!

My company is in the cross-border payment business. We have all the necessary qualifications, licenses, and risk control systems, but business has become increasingly difficult over the past two years. The biggest challenge is customer acquisition. It's now very hard to find the right clients in the cross-border payment industry. Although there are many merchants in service trades, the number of clients needing global payment services or traditional remittance channels is dwindling. We scour social media like LinkedIn, Facebook, and Google every day, making inquiries everywhere, but we still acquire very few new customers.

I've also asked some people in the trade industry why they don't choose us. Some complain that our fees are too high, but the problem is that the cost of making payments on behalf of clients is inherently high, and we have our own operational costs, right? Others complain that the payment process is too slow, which is something we can't control because the procedures are just complex. And then some say they now prefer to use USDT payment gateways and collection APIs like BlockATM for their transactions. I'm told it's a decentralized solution based on blockchain technology that allows direct payments with stablecoins, and the fees are ridiculously low.