Litecoin Payment Support at Litecoin
Jon Moore is currently the VP of Nationwide Merchant Solutions and has worked in the payment processing business for the last decade. He has watched the business transform as mobile payment processing has taken off over the last few years. Cloud Based Tablet Point of Sale systems with digital processing capabilities now rule the market. Watching the industry change he feels Litecoin Payments offer businesses a unique and much needed alternative to processing transactions through the traditional credit card networks. He entered the Cryto space in the beginning of 2017 not as a trader, but as a merchant processing company in need of finding better alternatives for his customer base to process safe and secure payments. He views Litecoin as a Digital Form of Cash that lives on the Blockchain and feels it will replace paper currency as e-commerce and Digital shopping trends continue to rise.
Incentives are being promoted by states authorizing tax authorities to accept tax money through a crypto system. The caveat to these incentives are, due to the amount of cash in the industry, alternative payment solutions must also create a compliant working relationship with cash related operations.