Bitcoin’s repute needs a makeover. Russell Moore, Director of Innovation during TSYS, sat down with PYMNTS to offer new meditative on a dim repute that’s trustworthy itself to a bitcoin name.
Russell Moore, Director of Innovation during TSYS, agrees that it’s been dissipated in a innumerable of ways, though feels that bitcoin and other cryptocurrencies offer merchants a possibility to viewpoint remuneration estimate in a new way. He gives PYMNTS a opposite take on a use of cryptocurrencies in payments.
PYMNTS: What is a biggest myth about bitcoin and digital currencies in terms of a payments estimate perspective?
RM: That bitcoin is a dim banking that it is usually used for bleed purchases. Thousands of merchants accept bitcoin payments