Over the years, cryptocurrencies have become more mainstream than ever. With this, more and more people have been using cryptocurrencies to purchase goods, however finding places to accept them can be like finding a needle in a haystack. Graft solves this problem. By using existing PoS terminals, Graft can be used to accept a growing list of top cryptocurrencies. Keyword: EXISTING. No need to add costly new equipment that could hinder the merchants budget. This is revolutionary to the crypto ecosystem.
So, what’s in it for merchants?
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Lower fees (by nearly 1/2)
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Instant real-time authorizations
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Being a part of the next generation.
For consumers?
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Cash back system
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Ability to use your crypto.
Right now, the kings of the payment processing market are:
Visa: $310 Billion
MasterCard: $210 Billion
American Express: $90 Billion
Graft could take a significant chunk of this market in the future.
With supernodes coming online in the next month, I am very excited about this project and the potential it has to give all cryptocurrencies a real-world use case competitive to fiat systems.
Edit: Fixed formatting
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source https://www.reddit.com/r/btc/comments/9qinvp/using_any_cryptocurrency_at_the_pos_with_graft/
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