Square Gets Patent for Cryptocurrency Payment Network

Home / Square Gets Patent for Cryptocurrency Payment Network

The digital payments company can now offer its merchants to accept payments in any cryptocurrency alongside conventional payment methods and cash out in their currency of choice. In addition, the patent details a process that allows the POS system to eliminate latency in cryptocurrency transactions, ensuring that even bitcoin transactions can be approved at roughly the same speed as a credit card transaction.

Leave a Reply

Your email address will not be published.