Crypto Payments Cut Through Payment Chain Costs

Crypto payments have the potential to reduce processing fees for businesses by replacing card-network charges and some cross-border intermediaries with a blockchain transaction or lower-cost processor.

However, this saving is not automatic. Network, processing, conversion, withdrawal, accounting, security, and compliance costs may remain, which can erase a low checkout fee.

The total cost of payment methods includes processing fees, network fees, conversion spread, FX and withdrawal costs, fraud or dispute losses, and operating and compliance costs.