The existing global payments infrastructure does not meet the demands of modern enterprises. In essence, the growth potential of businesses around the world is often limited by archaic and excessively complex payments systems.
For this reason, many traditional businesses have started to turn to crypto payments in search of an alternative. Use cases of crypto as a payments option are growing in popularity. Today, we caught up with Mercuryo COO and Co-Founder Greg Waisman about the ongoing changes in the payments industry and the place that cryptocurrencies are taking in it.
Mercuryo is a worldwide payments network that provides businesses, from crypto firms to mainstream banks, with a crypto-powered toolbox of payment solutions available through a single integration. It employs cryptocurrencies as a mechanism for enabling next-generation cross-border transactions at low cost and with ease.
Q: As the Co-Founder and COO, what inspired you to start Mercuryo?
We came into the online payment industry in 2017, which coincided with the crypto boom. At that time, we discovered that no solid crypto/fiat gateway solutions were available on the market. They used Telegram chats as a quick fix to buy digital assets at that point. We ...