Mass adoption looms as South America’s second-largest company accepts crypto payments

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the second largest company in South America and is present in 18 countries, including its three largest markets, Brazil, Argentina, and Mexico. The group also owns Mercado Pago, a digital payments system for online and offline transactions, along with Mercado Envios, a logistics platform that provides fulfillment, warehousing, and…

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Cryptocurrencies’ Reputation Delays Mass Adoption

Benz Rif, the CEO of AtomicPay believes that reputation is one of the biggest obstacles for mass crypto adoption. According to him, volatility is something absolutely natural and expected for a new emerging asset. Scams and lack of security however, are giving the crypto industry a very bad reputation. AtomicPay is based in Thailand and is a non-custodial crypto payment processor. The company facilitates payments for many cryptocurrencies without holding merchant funds in escrow and charging a fee before releasing the funds. There is also the minimal charge of 0.9{440e8dfcfcabdd46b886d92b9570eedc91e9efa330b5e7633ccdf6fc0f7dcd12}…

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