Cryptocurrencies – a medium of exchange created and stored electronically, using Blockchain technology to control the creation of monetary units and to verify the transfer of funds. This article outlines the potential for digital payment, how it impacts the financial sector, and how the society can benefit from blockchain technology.
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If you are planning on selling goods or services online you will need a merchant account in order to accept credit card transactions. Payment processors and banks often request to review your website’s terms and conditions as well as other policies and/or information on your website before they issue you with a merchant account.