Perfectial to Enable Cryptocurrency Payments from Clients
Software developer Perfectial is venturing into the blockchain technology rolling out cryptocurrency as a payment option.
Custom software developer Perfectial said in a statement it will accept Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) as payments for services rendered to its clients.
“Cryptocurrency is the future of payments, and by introducing this modern payment option, we aim to make our services more comfortable and accessible; Our primal goals have always been customer convenience and satisfaction. So we've decided to adopt crypto payment alternative." said Ivan Kohut, Perfectial's CTO and co-founder.
The company expects this payment method to be a more fitting option for its clients, which have received funding with crypto assets as it will allow them to avoid making a conversion.
"Cryptocurrencies are borderless money that allows making our services reachable. On top of that, they help to circumvent certain limitations that conventional payment systems like PayPal have.", Kohut added.
According to him, the move towards crypto payments is a natural step since the company is actively engaged in researching and adopting the latest technology trends.
In a blog post explaining its decision to invest in the blockchain, the company predicted the technology would soon be adopted by high-profile financial institutions, like asset managers, pension funds and payment providers.
More than half of the top corporations across the world are now considering blockchain, with nearly two-thirds of them integrating the technology into their systems before the year ends.
“Large companies will launch test products and services on public chains (AXA group has already done so by offering flight delay insurance on Ethereum). Major social Media platforms such as Medium and Reddit will start rewarding top content creators with cryptocurrency. (We’ve seen this becoming a thing with the Kik messaging app which has launched its own token)," the company said.
On the regulation side, the company expects the Securities and Exchange Commission (SEC) to launch a widened crackdown on Initial Coin Offering (ICO) which would also result in the decline in ICO popularity. ICOs will then evolve as a new form of Initial Public Offerings (IPOs).
The number of merchants accepting cryptocurrencies is increasing. Last week, Hotels24, one of the largest Azeri hotel booking platforms, announced plans to accept Bitcoin Gold (BTG) as a payment vehicle to attract new customers.
Hotels24 already supports several cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC) and Dash (DASH).