Interest in Bitcoin continues to grow and Kraken is spreading the word! Today Kraken CEO Jesse Powell explained the value of Bitcoin for retail merchants at the 2015 EHI Kartenkongress (Card Congress). Jesse presented along with PayCash CEO Dr. Jürgen Wolff. As discussed in a previous blog post, Paycash has partnered with Kraken to provide payment services to Kraken clients, including retail merchants wanting to accept Bitcoin as a form of payment.
Held in Bonn, Germany, the EHI Kartenkongress has long been the top conference for payments experts in commerce, the gas station industry and hospitality services. This year the conference has over 650 participants and 30 exhibitors. Kraken’s participation in the conference shows the growth in Bitcoin as part of the boom in mobile payments and e-commerce.
The payments experts at the conference learned about the compelling benefits to merchants accepting Bitcoin, including zero charge-back risk, low transaction cost, fast processing times, and ready access to global markets. “Fortunately, retailers still have the chance to be part of this development and participate in a future market that has already created such a high value in the digital world,” said Jesse Powell.