Cryptocurrency payments have started to gain a lot of traction globally for two main reasons:
HAYVN Pay allows merchants to seamlessly integrate cryptocurrency as a legitimate form of payment opening themselves to a new, potentially untouched market segment to sell their goods and services to. It does not cost the merchant any fee in order to activate the cryptocurrency payment option through Venue Smart (HAYVN Pay) and once activated, the process is seamless. Merchants are able to receive Fiat (AUD) into any of their local bank accounts when their clients pay with cryptocurrency. Another major benefit to using cryptocurrency as a means of paying is that the payments are instant and not subject to the slow nature of standard bank wire transfers (SWIFT Networks).