Perfectial, a custom software developer, has announced that it will start accepting cryptocurrencies as payments for its services. In a statement, the company announced that it will be accepting Bitcoin, Ethereum and Litecoin as payment for services given to its clients.

Cryptocurrency the future of payment

Perfectial’s CTO and co-founder, Ivan Kohut, in a statement said that cryptocurrencies will play an important role in making payments in the future. He noted that the move is aimed at making the company’s services more accessible and affordable. Kohuta added that all along, the company’s mission has been to serve customers with satisfaction and convenience.

According to the company, customers will find new method of payment more convenient and fitting. Many have their money in cryptocurrencies and this will save them the hustle of having to convert to fiat.

Increasing adoption

There has been a high rate of adoption of cryptocurrencies around the world in making business transactions. This increase in use has not only increased the coins in circulation but also boost the credibility and acceptability of cryptocurrencies.

Additionally, the company says it has been undertaking a lot of research in the sector as well as other new technologies. This will therefore be more of a natural and usual step taken. Kohut says the company has a strategic plan in the blockchain sector.

In addition to making the company’s services easily available, cryptocurrencies are not confined to any physical geographical jurisdiction. It is borderless. This will help in expanding the company’s market reach and making its services easily available. Cryptocurrencies will also enable the company to avoid limitations that come with payment systems like PayPal.

The company says blockchain technology is growing very first and will soon find its way in high-profile financial institutions like pension funds, assets managers as well as providers of payment services. Over half of the global companies and corporations are considering using blockchain in their operations. Many are planning to incorporate blockchain technology in their operations by the end of this year.