Post
Topic
Board Bitcoin Discussion
Re: How do crypto gateways compare to traditional methods in security & efficiency?
by
avikz
on 20/09/2023, 12:19:19 UTC
In your opinion, we'd like to hear your thoughts on how crypto payment gateways stack up against traditional payment methods in terms of security and efficiency. Do you believe cryptocurrencies offer a more secure and efficient way of conducting transactions, or do you think traditional methods still have the upper hand? Share your insights and experiences to help us gain a broader perspective on this evolving landscape.

In case of payment gateways, traditional gateways are more stable and efficient. Also they are more secure when you are purchasing from new merchants. If you get scammed by the seller in traditional economy, there's still a chance that you will receive the money back. In cryptos, there no way.

I have personally purchased hosting for my business website from a company that offers crypto payments. But there's no refund or grace period had been offered to me just because I am using crypto payments. If I had used traditional payment methods, I would have got 30 days period to check their service and get a refund if I am not satisfied. Crypto has a long way to go!