The future of crypto payments

Nuvei and Flagship Advisory Partners white paper on the future of crypto payments

Nuvei has long been believers in the long-term potential of crypto.

In the last year innovation has accelerated with the rise of non-fungible tokens (NFTs) and decentralized finance (DeFi) — the latest example of the latent potential of blockchain technology. The potential for global merchants is tremendous with opportunities to support new commerce experiences and to reach more customers, locally and globally. Optimizing the customer journey through frictionless payment experiences will be more important than ever.

Our whitepaper provides a comprehensive overview of the cryptocurrency landscape, exploring its growth, trends, and potential impact on the payments industry. The document delves into various aspects of cryptocurrencies, including their adoption, regulatory environment, and technological advancements. It also examines the role of cryptocurrencies in facilitating cross-border transactions, reducing transaction fees, and enhancing financial inclusion.

Crypto merchant payments today represent an estimated annual volume of $6 billion, a tiny fraction of the $10 trillion C2B global eCommerce market.

Moreover, the whitepaper discusses Nuvei's approach to integrating cryptocurrencies into its payment platform, enabling businesses to accept digital currencies as a form of payment. As cryptocurrencies continue to gain traction globally, the white paper serves as a valuable resource for businesses seeking to understand and leverage the opportunities presented by this emerging technology in the payments ecosystem.