Frost & Sullivan’s report, which can be downloaded in its entirety below, concludes, “Cryptocurrencies and blockchain transactions are gaining traction, but merchants and service providers need an easy way to accept these new commercial channels.
BitPay acutely recognized the gap and seized a first-mover position in this growing blockchain payment space...A low-cost way for merchants to open up to a new customer base, BitPay avoids the complexity and multi-vendor integrations required of other transfer options and enables faster cross-border transactions with minimal risk.”