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Usage of Crypto as Payment Method Grows

Usage of Crypto as Payment Method Grows

Coinspaidmedia2024/10/31 00:00
By: Coinspaidmedia

According to the latest report by CryptoProcessing.com, the company processed about 2.52 million cryptocurrency transactions worth €2.23 trillion in Q3 2024.

Usage of Crypto as Payment Method Grows image 0

CryptoProcessing.com announced its Q3 2024 results. The company processed 27% more crypto transactions than in the same period in 2023.

Between July and September 2024, CryptoProcessing.com recorded approximately 2.52 million cryptocurrency transactions, with nearly 855,000 processed in July alone, as previously reported by the team. The total fiat transaction volume handled by CryptoProcessing.com in Q3 2024 amounted to €2.23 trillion.

According to Anna Drobyshevskaya, CFO of CryptoProcessing.com, crypto payments are becoming an increasingly sought-after financial instrument. Clients of CryptoProcessing.com include companies from various spheres, like e-commerce, tourism, real estate, rental, online booking, luxury goods, education, and others. Anna expects the use of cryptocurrencies as a means of payment will continue growing in the near future, as digital assets have undeniable advantages for businesses.

CryptoProcessing.com was recently recognized by the International Investors magazine as the best cryptocurrency payment processing company in 2024.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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