Payment Methods Report 2023: Should Merchants Accept Crypto Payments? Looking Towards 2024 and Pros & Cons

Payments

Fraud

Tracy Kodeba Brown, VP of Programs and Technology | MRC

Dec 13, 2023

Whitepapers

In The Paypers Payments Methods Report 2023, Tracy Kobeda Brown, VP of Programs and Technology at the Merchant Risk Council, extensively explores the realm of cryptocurrency adoption. The report, titled "Should Merchants Accept Crypto Payments? Looking Towards 2024 and Pros & Cons," explores the advantages of cryptocurrency, such as swift transactions and reduced fees that align with consumer preferences. However, it does not sidestep the challenges, encompassing factors like market volatility, regulatory uncertainties, and conventional fraud risks. Brown provides an insightful guide, urging merchants to meticulously consider these factors in the ever-evolving landscape of payment technologies. Click the image below to download the report.

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