29 starting a business quotes to inspire you

29 starting a business quotes to inspire you

29 starting a business quotes to inspire you

November 18, 2024

Starting a business quotes to inspire you

Starting your own business can be a scary thing to do for most people. The challenge is not because of a lack of skills or will, but most people might need some extra motivation to help them take the jump. Once you start your own business, you agree to a lifelong commitment with a lot of ups and downs and even when it comes to small victories, it feels good when you know that someone has your back and keeps up your motivation spark.

But what if you haven’t found this person yet? Well, the good thing with the internet you can easily resources for motivation that can help you keep going when things get tough.

So make yourself a cup of coffee, take your notebook, and go over these quotes about starting a business, shared by business owners who once had the same doubts as you.

29 starting a business quotes to give an extra boost

Here are some quotes to reflect on in times when you are dealing with burnout and need extra motivation:

 

  1. The way to get started is to quit talking and begin doing.” — Walt Disney
  2. If you don’t drive your business, you will be driven out of business.” — B.C. Forbes
  3. You don’t need to have a 100-person company to develop that idea.” — Larry Page
  4. The secret to successful hiring is this: look for the people who want to change the world.” — Marc Benioff
  5. The biggest mistake a small business can make is to think like a small business.” — Aruna Bhayana
  6. You have to work on the business first before it works for you.” — Idowu Koyenikan
  7. You can’t be successful in business without taking risks. It’s really that simple.” — Adena Friedman
  8. Fearlessness is not the absence of fear: It’s the mastery of fear. It’s about getting up one more time when we fall down.” — Arianna Huffington
  9. Don’t worry about failure: You only have to be right once.” — Drew Houston
  10. The secret of business is to know something that nobody else knows.” — Aristotle Onassis
  11. You can’t do it all. You have to give what you’ve got for the day, and leave the rest for tomorrow.” — Beatrice Dixon
  12. Whenever you see a successful business, someone once made a courageous decision.” — Peter F. Drucker
  13. Running that first shop taught me business is not financial science; it’s about trading. Buying and selling.” — Anita Roddick
  14. Business is not just doing deals; business is having great products, doing great engineering and providing tremendous service to customers. Finally, business is a cobweb of human relationship.” — Henry Ross Perot
  15. A satisfied customer is the best business strategy of all.” — Michael LeBoeuf
  16. If you are not taking care of your customer, your competitor will.” — Bob Hooey
  17. The heart and soul of a company is creativity and innovation.” — Bob Iger
  18. A business has to be involving, it has to be fun, and it has to exercise your creative instincts.” — Richard Branson
  19. In the world of business, the people who are most successful are those who are doing what they love.” — Warren Buffett
  20. To any entrepreneur: if you want to do it, do it now. If you don’t, you’re going to regret it.” — Catherine Cook
  21. Entrepreneurship is neither a science nor an art. It is a practice.” — Peter Drucker
  22. Start small, think big. Don’t worry about too many things at once. Take a handful of simple things to begin with, and then progress to more complex ones.” — Thich Nhat Hanh
  23. The value of an idea lies in the using of it.” — Thomas Edison
  24. Build your own dreams, or someone else will hire you to build theirs.” — Farrah Gray
  25. Pursue the business that you care about, and then work will feel like play.” — Unknown
  26. A leader’s job is to look into the future and see the organization not as it is, but as it should be.” — Jack Welch
  27. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
  28. “The journey of a thousand miles begins with a single step.” – Lao Tzu
  29. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau

Conclusion

With hard work, perseverance, and an unwavering belief in your dreams, you have the power to turn your vision into a thriving reality. So take that leap of faith, for as Wayne Gretzky famously said, “You miss 100% of the shots you don’t take.” and start your successful business story.

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25 inspirational trust quotes for business (2025)

25 inspirational trust quotes for business (2025)

25 inspirational trust quotes for business (2025)

November 18, 2024

Inspirational trust quotes for business that will give you extra boost

Trust is something that you have to earn, but also you have to be careful about whom you give, and the same goes for the business world. It doesn’t matter if it’s trust between colleagues, leaders, and their teams, or businesses and their customers, trust is the foundation of every interaction and every decision. So, buckle up and take some time to read a few trust quotes for business shared successful business people, leaders, and historical figures.

25 trust quotes for business to give an extra boost

Here are some quotes to reflect on in times when you need extra motivation:

  1.  “Great teams consist of individuals who have learned to trust each other.  Over time, they have discovered each other’s strengths and weaknesses, enabling them to play as a coordinated whole.”  – Amy Edmondson, The Fearless Organization
  2. “A team fused by trust and purpose is much more potent. They can improvise a coordinated response to dynamic, real-time developments.”  – General McChrystal, Team of Teams
  3. “Trust equals consistency over time. There’s no shortcut for either.” – Jeff Weiner, Executive Chairman, LinkedIn
  4. “Leadership is an achievement of trust.” – Peter F. Drucker
  5. “Trust is the ability for everyone in an organization to confidently rely on (and predict) that others will do the right thing and make good on their promises.” – Marie-Claire Ross, Trusted to Thrive
  6. “Trust and mutual value creation helps both employer and employee compete in the marketplace.” – Reid Hoffman
  7. “Trust has to be the highest value in your company, and if it’s not, something bad is going to happen to you.” – Marc Benioff
  8. “Leadership is the relentless pursuit of truth and ceaseless creation of trust.”  – Jack Welch, former GE CEO
  9. “Trust is built and maintained by many small actions over time.” – Lolly Daskal
  10. “A team is not a group of people who work together. A team is a group of people who trust each other” – Simon Sinek
  11. “In business, trust is the currency that keeps relationships and partnerships thriving.” – Unknown
  12. “Trust is the glue of life. It’s the most essential ingredient in effective communication. It’s the foundational principle that holds all relationships.” – Stephen Covey
  13. “A trust leap is when we take a business risk to do something new or to do it differently from the way that we’ve done something before.” – Rachel Botsman
  14. “When the trust is high, communication is easy, instant, and effective.” – Stephen Covey
  15. “People follow leaders by choice. Without trust, at best you get compliance.” – Jesse Lyn Stoner
  16. “Don’t be afraid to show your vulnerability. Be transparent with your team, even when the truth may be unpopular or inconvenient.” – Bill George
  17. “Trust isn’t just a value; it’s the bridge between promises and results.” – Unknown
  18. “Trust starts with trustworthy leadership. It must be built into the corporate culture.” – Barbara Brooks Kimmel
  19. “Trust is the foundation of any successful business.” – Brian Tracy
  20. “Trust is earned when actions meet words.” – Chris Butler
  21. “Without trust, we don’t truly collaborate; we merely coordinate or, at best, cooperate. It is trust that transforms a group of people into a team.” – Stephen Covey
  22. “Trust is the key to the foundation of great leadership.” – Lolly Daskal
  23. “Trust, but verify.” – Ronald Reagan
  24. “Trust turns the impossible into achievable and the ordinary into extraordinary.” – Unknown
  25. “Trust is the key to the game. If you can’t trust your teammates, you can’t play together.” – Michael Jordan

Conclusion

Though the road forward may not always be clear, these quotes remind us that with courage, creativity, and a commitment to progress, we can transform challenges into breakthroughs. The companies that will come out on top are those that are willing to change and reimagine the status quo. So let these words of wisdom inspire you to embrace change, push the boundaries of what’s possible, and create the future you wish to see.

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33 Monday motivation quotes for business (2025)

33 Monday motivation quotes for business (2025)

33 Monday motivation quotes for business (2025)

November 18, 2024

Monday motivation quotes for business to motivate you

We could all easily agree that Mondays can be tough and that’s probably because it’s the first working day after an amazing weekend. Seriously, there are even whole articles dedicated to Monday facts and let’s keep it real, no weekday makes you less motivated and less encouraged than Monday especially if there is a lot of work waiting on your table. While speaking of motivation and encouragement, say less cause we understood the assignment and made an article with amazing Monday motivation quotes for business that will give you that much-needed strength to hit your stride, increase productivity and make it through days like this one.

33 Monday motivation quotes for business to give an extra boost

Here are some quotes to reflect on in times when you need extra motivation:

  1. Please think about your legacy, because you’re writing it every day. – Gary Vaynerchuck
  2. The successful man is the one who finds out what is the matter with his business before his competitors do. – Roy L. Smith
  3. “Mondays are for fresh starts and bold moves—don’t waste them waiting for the right moment.” – Unknown
  4. Everything should be made as simple as possible, but not simpler. – Albert Einstein
  5. It’s not that we need new ideas, but we need to stop having old ideas. – Edwin Land, Polaroid co-founder
  6. You’ll never find your limits until you’ve gone too far. – Aron Ralston
  7. It’s hard to do a really good job on anything you don’t think about in the shower. – Paul Graham, YCombinator co-founder
  8. To think creatively, we must be able to look afresh at what we normally take for granted. – George Kneller
  9. You can’t make anything viral, but you can make something good. – Peter Shankman, HARO founder
  10. The fastest way to change yourself is to hang out with people who are already the way you want to be. – Reid Hoffman, LinkedIn co-founder
  11. Fearlessness is like a muscle. I know from my own life that the more I exercise it the more natural it becomes to not let my fears run me. – Arianna Huffington
  12. When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. – Henry Ford
  13. Pain nourishes courage. You can’t be brave if you’ve only had wonderful things happen to you. – Mary Tyler Moore
  14. “The way to get ahead is to start now. Even the smallest step counts.” – Unknown
  15. Chase the vision, not the money; the money will end up following you. – Tony Hsieh, Zappos CEO
  16. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. – Steve Jobs
  17. I can’t imagine a person becoming a success who doesn’t give this game of life everything he’s got. – Walter Cronkite
  18. Even if you are on the right track, you’ll get run over if you just sit there. – Will Rogers
  19. If you think that you are going to love something, give it a try. You’re going to kick yourself in the butt for the rest of your life if you don’t. – Joe Penna
  20. In every success story, you will find someone who has made a courageous decision. – Peter F. Drucker
  21. The best way to predict the future is to create it. – Peter Drucker
  22. Opportunities don’t happen. You create them. – Chris Grosser
  23. Success is not final, failure is not fatal: It is the courage to continue that counts. – Winston Churchill
  24. I find that the harder I work, the more luck I seem to have. – Thomas Jefferson
  25. Don’t let yesterday take up too much of today. – Will Rogers
  26. If you are not willing to risk the usual, you will have to settle for the ordinary. – Jim Rohn
  27. The only place where success comes before work is in the dictionary. – Vidal Sassoon
  28. You don’t have to be great to start, but you have to start to be great. – Zig Ziglar
  29. The secret of getting ahead is getting started. – Mark Twain
  30. Don’t be pushed around by the fears in your mind. Be led by the dreams in your heart. – Roy T. Bennett
  31. “You don’t have to be perfect to start, but starting will get you closer to perfect.” – Unknown
  32. Success usually comes to those who are too busy to be looking for it. – Henry David Thoreau
  33. Do not wait; the time will never be ‘just right.’ Start where you stand, and work with whatever tools you may have at your command. – George Herbert

Conclusion

Remember, every Monday presents a clean slate, a chance to learn from the previous week, refine your strategies, and push forward with renewed passion. Embrace the challenges, celebrate the victories, and never underestimate the power of a positive mindset. Here’s to a week filled with purpose, passion, and unwavering determination!

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Top 21 digital identity startups you should know in 2025

Top 21 digital identity startups you should know in 2025

Top 21 digital identity startups you should know in 2025

November 15, 2024

Innovative digital identity startups leading the digital trust revolution

With a market size expected to reach a fascinating USD 101.37 billion by 2030, digital identity startups are becoming vital players when it comes to how we verify, secure, and manage our digital presence. With so many cyber attacks, data breaches, and identity theft incidents, we believe it’s time to prioritize digital identity security and welcome the innovative solutions offered by these startups.

What are digital identity startups?

Digital identity startups develop solutions for verifying our identities, managing our digital profiles, and applying these technologies to real-world sectors like finance, healthcare, and government. Through their focus on security and privacy, these startups are giving users control over their digital identities and personal data.

Top digital identity startups

Complete list of the most digital identity startups that are worth knowing:

Enjin

Founded in 2009, Enjin is a technology company that uses blockchain to power digital game economies. They operate the largest gaming community website with over 20 million users. A key part of Enjin’s platform gives players true ownership of in-game items like weapons, avatars or currency as non-fungible tokens (NFTs).

These digitally scarce goods are stored on a transparent blockchain ledger. Gamers can truly own, trade, and even earn from their virtual goods. Before NFTs, games items only existed on private company servers. Companies could modify or erase them at any time. By bringing transparency and permanence of blockchain to game economies, Enjin creates real value.

IDEMIA

Founded in 2007, IDEMIA is a technology company specializing in identity authentication and data security. As the world embraces more digital services and connected devices, ensuring trusted identities and securing information has become crucial.

IDEMIA develops identification systems and data protection software for both public and private sector clients. Their biometrics, AI analytics, and encryption tools verify identities and safeguard sensitive content. Solutions span facial recognition, fingerprint scans, digital IDs, encrypted data storage and automated threat detection.

IDnow

Founded in 2014, IDnow is a company providing identity verification services to other businesses through an online platform. Their technology uses advanced machine learning and automation to confirm user identities rapidly and securely.

The IDnow platform ensures regulatory compliance and seamless customer onboarding across industries. Users simply upload an identity document or take a face scan which gets cross-checked instantly. Back-end analytics also provide risk ratings to flag suspicious cases requiring additional checks.

SEON

Founded in 2017, SEON is an online fraud prevention company that helps e-commerce businesses avoid scams. Their technology aims to stop the growing threat of attacks like phishing, carding, account takeovers, and more.

SEON’s platform uses behavioral analysis and machine learning to evaluate every online session across websites and mobile apps. Advanced bot detection identifies automated threats looking to exploit vulnerabilities. Suspicious activity triggers added authentication steps or gets blocked entirely.

Omada

Founded in 2011, Omada provides identity access management software and services that help companies control user permissions. Their solutions aim to secure valuable systems and data by ensuring only authorized people have access.

Managing user identities and access is critical as workforces go remote and companies adopt cloud services. Omada consolidates identity lifecycles across an organization. Their platform can integrate with hundreds of business apps and IT tools to centralize access control, auditing, and reporting.

Tickled Media

Founded in 2009, Tickled Media is a digital media and tech company based in Singapore that creates content and online communities for women. They operate several popular websites covering topics like parenting, fashion, beauty, and lifestyle that bring women together.

Some of Tickled Media’s leading communities are the Asian Parent for moms, Beauty Undercover for beauty tips, and Relish for food recipes. Across their brands, they provide stories, videos, advice articles plus forums for discussion all tailored for women’s interests.

Fourthline

Founded in 2017, Fourthline is a company that performs identity checks and verification for other businesses dealing with customers and users. They ensure people are who they claim to be through a process called KYC or Know Your Customer.

Banks, financial technology companies, and other services are required to validate users under anti-fraud and compliance regulations. Fourthline handles those ID checks in bulk so clients can onboard customers faster. They confirm government IDs match real people along with other proof like addresses.

Authenteq

Founded in 2015, Authenteq offers real-time identity confirmation technology while protecting user privacy. Their system can verify government IDs in 60 seconds or less with just a smartphone camera.

Online identity fraud has surged recently, highlighting the need for better verification. Authenteq’s approach analyzes the security elements of IDs without collecting or storing any personal details. All processing occurs right on the user’s device to prevent external exposure of information.

VU Security

Founded in 2007, VU Security is a cybersecurity company that specializes in stopping fraud and identity theft. They offer software and services to help organizations protect customer identities and transactions from criminal exploitation.

Online fraud techniques are constantly advancing as scammers find new ways to steal credentials and exploit them for profit. VU Security uses machine learning technology to stay ahead of these tactics. Their platform performs real-time analysis to differentiate legitimate users from fraudulent actors even if they have stolen identity data.

Norbloc

Founded in 2016, Norbloc develops blockchain-based software for identity verification and Know Your Customer (KYC) compliance. Their solutions enable businesses to reliably confirm user identities on distributed ledger networks.

KYC regulations require firms to validate client backgrounds to prevent fraud and money laundering. Doing digital KYC is challenging though as user data lacks third-party confirmation. Norbloc’s platform collects, verifies, and stores customer details securely using blockchain.

SAWO

Founded in 2020, SAWO is a technology company that develops secure login and user verification tools for mobile and web applications. They provide smarter authentication solutions as an alternative to traditional passwords.

The SAWO SDKs (software kits) allow developers to integrate biometric authentication like face and voice recognition into their apps and websites. Users can sign in conveniently through mobile biometrics instead of typing passwords.

Wiseasy

Founded in 2012, Wiseasy is a financial technology company that develops modern payment solutions for businesses. Their platforms provide advanced transaction capabilities as well as value-added services.

The Wiseasy system handles payment processing using the latest security protocols. It offers options like unattended kiosks, mobile POS, and omnichannel gateways compatible with global payment methods. Customizable features include invoice management, cash flow analysis, loyalty programs and more.

Auth0

Founded in 2013, Auth0 makes identity security painless despite increasing threats of fraud, hacking, and identity theft. As businesses digitize faster, identity management gets more complex with remote workforces and connected devices multiplying access points. Auth0’s platforms scale to anticipate those emerging risks.

For developers, Auth0 handles the implementation details of incorporating identity management into web, mobile, and device applications. This saves engineering resources. Auth0’s platforms integrate with popular frameworks and support standards like OAuth and SAML.

ID.me

Founded in 2013, ID.me is a company working to streamline user identity verification across the internet. Their digital network allows people to validate who they are online in order to access various services and accounts. In the past, confirming identities on different websites meant struggling through separate processes on each one. ID.me wants to make it more straightforward.

Their tools integrate identity proofing, authentication, single sign-on and other capabilities. Users can set up an ID.me account and then validate themselves once through government-grade techniques. After getting verified, they can securely log into any of ID.me’s partner websites participating in the identity network. This simplifies access.

Openpath

Founded in 2016, Openpath aims to upgrade tenant and employee access for the mobile era. Phone-based credentials aligned with cloud software offer site security with modern convenience. The platform works for sites small and large to manage occupants securely.

Openpath’s systems save costs over legacy setups while allowing managers to control gates, doors, and elevators from anywhere. Their wireless onsite hardware communicates with the cloud to enable instant mobile access. For frictionless and flexible security, Openpath leads the access evolution.

Socure

Founded in 2012, Socure works with global leaders in finance, e-commerce, and sharing economy sectors where identity trust is critical. As digital transformation accelerates across industries, Social technology plays a key role in balancing both consumer access and fraud prevention for vital services. Their robust identity verification protects not just business bottom lines but consumer rights and choice.

Online identities have become the gateway to obtaining products and services. But with identity fraud on the rise, organizations need better ways to validate real users. Socure’s solutions assess digital ID information from over ten data sources to validate legitimacy. This reduces risky transactions and fake accounts.

Jumio

Founded in 2010, Jumio operates an AI-powered identity verification platform that helps businesses confirm real users and reduce fraud. Their technology allows people to validate IDs and biometrics remotely via computer webcams or mobile devices.

Jumio offers a range of verification services from basic credential checks to more advanced screenings that authenticate faces and fingerprints. The secure self-service process takes just minutes which is much faster than traditional in-person ID confirmation.

ForgeRock

Founded in 2010, ForgeRock emerged when Sun Microsystems was acquired by Oracle, leading some of Sun’s digital identity experts to start their own venture. Their mission was to create a more flexible and modern approach to identity management.

The company’s platform handles various aspects of digital identity, from customer authentication to privacy management. It can manage millions of identities across cloud, mobile, and IoT devices, making it suitable for large enterprises and organizations dealing with complex identity requirements.

Transmit Security

Founded in 2014, Transmit Security aims to revolutionize how businesses handle customer authentication and security. Their platform replaces traditional password-based systems with more secure and user-friendly solutions, addressing the growing challenges of digital identity management.

The company’s core technology includes biometric authentication, risk-based authentication, and advanced fraud detection. This means users can securely access services using methods like fingerprints or facial recognition, while businesses can detect and prevent fraudulent activities in real-time.

Semperis

Founded in 2014, Semperis has positioned itself as a leader in identity-driven cyber resilience. Their solutions help organizations safeguard their identity systems, which have become increasingly complex with the rise of cloud computing and hybrid work environments.

Semperis offers several key products, including tools for monitoring identity systems, backing up critical data, and automating the recovery process after an attack. Their solutions are particularly valuable for organizations that need to maintain business continuity and comply with strict security regulations.

BetterCloud

Founded in 2011, BetterCloud is the first SaaS Operations Management platform, empowering IT to define, remediate, and enforce policies for SaaS applications. The company helps organizations manage and secure their growing ecosystem of cloud-based software applications.

BetterCloud’s security features help organizations protect sensitive data across their SaaS environment. The platform can detect potential security risks, such as inappropriate file sharing or unauthorized app access, and automatically take corrective action. This proactive approach helps prevent data breaches before they occur.

Conclusion

Looking ahead, the future of digital identity is a world where individuals own and control their digital identities. While challenges remain, the innovative solutions offered by digital identity startups point towards a future where this vision becomes a reality.

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Businesses that don’t accept crypto: 11 reasons why they are making a big mistake

Businesses that don’t accept crypto: 11 reasons why they are making a big mistake

Businesses that don’t accept crypto: 11 reasons why they are making a big mistake

November 15, 2024

Businesses that don’t accept crypto and the reasons why they are making a big mistake<br />

Running a business nowadays has many benefits, but it is still extremely difficult because of how competitive the online market has made things. Because of this, new and existing businesses can’t afford to ignore consumer trends, one of which is the adoption of cryptocurrency. Crypto has enjoyed popularity among investors, with the potential to see a significant rise in value a big reason for many to venture into the crypto market.

Cryptocurrency expert Goran Radanovic cites market capitalization, trading volume, regulatory compliance, innovation, and community engagement as some of the main factors consumers should consider when exploring upcoming Coinbase listings 

As well as offering great investment potential, crypto is also becoming a more commonly used alternative to traditional payment methods. This is because of the benefits it provides and the growing number of retailers and businesses that now accept it.

Why businesses should accept crypto

Cryptocurrency can now be used to pay for items at Starbucks, Amazon, Etsy, Tesla, and Home Depot among others. These trailblazers could find themselves in a strong position if crypto’s popularity continues to rise.

There will be some implementation costs for businesses when starting out, but the benefits below could far outweigh them in the long term.

Accessibility

Cryptocurrency is helping consumers around the world who face restrictions or suffer from limited banking infrastructures. It also facilitates international transfers quickly and easily without the need for exchange rates.

Cost efficient

The lower transaction fees that are associated with crypto transfers will benefit businesses that can save money on payment processing. By reducing overheads like this, businesses will be in a better position to offer competitive pricing which benefits the consumer.

Fast transactions

Transaction speed is more important than you might think, and slow payment processing can delay orders, returns, and refunds. All of these can impact customer satisfaction levels that dictate whether a customer will return to the site or recommend it to family or friends.

Faster transaction speed can also help businesses that rely on quick turnovers to invest in more stock or cover costs.

Increased security

Privacy and security are big concerns for the modern consumer and cryptocurrency provides both. Immutable transactions using blockchain technology and improved transparency provide consumers with peace of mind.

An option for customers to pay that doesn’t require them to trust sites with sensitive banking information has also been welcomed by those who want to enhance online privacy.

Expand customer base

Offering as many payment options as possible will give businesses the opportunity to reach more customers. Many consumers can be put off by limited options and will look elsewhere for businesses that offer their favorite.

Independence from centralized banking systems

Cryptocurrency is a decentralized alternative to traditional fiat currencies. This means that there is no central bank that controls transactions, instead networks of users verify transactions that are uploaded to the blockchain where they can be viewed by external auditors.

A decentralized currency provides autonomy to users and is an excellent option for consumers in unstable regions. Unstable banking environments can be a result of corruption, war, or unrest, and often leave citizens in these areas with little or no recourse.

Potential value growth

Businesses that accept cryptocurrencies typically favor the more established options like Bitcoin and Ethereum. This is because it is already proven and is less of a risk.

While cryptocurrency is still considered a volatile market that can experience significant fluctuations in value, some options are considered more stable than others. In some cases, businesses that accept a wider variety of cryptocurrencies could see the value of their holdings rise, helping them increase their sales profit even more.

Improved customer trust

The transparency that cryptocurrency offers its users is great news for legitimate, reputable businesses with nothing to hide. Because all crypto transactions can be viewed on the blockchain, it means that external audits can be carried out and there is no confusion surrounding business activities.

Businesses can use this to their advantage and position themselves as trustworthy brands that their customers can rely on.

Remove middle men from transactions

Peer-to-peer transactions are something that streamlines business and customer interactions. Most other payment methods will involve other parties like banks, and this can complicate matters unnecessarily, resulting in delays and additional costs.

Sending cryptocurrency removes any need for intermediaries and makes the whole payment process as simple as handing over cash.

Future proofing the business

Preparing for the future is never an easy task for any business, but adapting payment methods to suit digital transfers seems like a no-brainer. Crypto was once viewed as a novelty and something that would never last, but it has been around for 15 years now and is getting more popular every year.

The potential of a cashless society scares a lot of people who fear they will lose control over their assets and what they do with them. Cryptocurrency combats this and provides more independence and greater privacy. Businesses that take steps to embrace this now could see significant benefits in the coming years.

Mitigate the risk of fraud

The immutable nature of cryptocurrency means that when a transaction is confirmed, there is very little chance of this being reversed. This is great news for businesses that have been the victims of chargeback fraud.

Conclusion

Crypto might not take over the world just yet, but more and more companies are open to using it. Some of the world’s biggest and most famous brands have already started to accept crypto payments, opening the door for other businesses to follow.

Many online businesses face competition from around the globe, and offering potential customers as many reasons to do business with you as possible is in your best interests. Accepting crypto can also improve international transaction rates, with consumers able to make quick and easy payments without facing poor exchange rates or additional charges.

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