Litecoin's special payment processor, Litepay, is expected to be available this week. Litepay was announced last December by Charlie Lee, creator of Litecoin Foundation and Litecoin.
Recently, people will begin to pay for their daily needs with Litecoin using the special debit cards offered by Litecoin with the help of Litepay. In addition, businesses can accept cryptographic currency for payments.
The service provides value for two different reasons.
Initially, businesses are offering additional incentives to start accepting Litecoin because the payment processor assumes the risk of accepting cryptographic currency by protecting businesses from market volatility. Secondly, Litecoin gives its owners more liquidity in the short-term with debit cards.
How will they develop in Litecoin in 2018?
In a report we published in December of last year, we mentioned that 2018 could be a year full of surprises for Litecoin. Litecoin creator Charlie Lee mentioned a number of innovations to be made in 2018. Among them, the payment processor will happen soon. In addition to the payment processor, a popular online wallet, a good trading platform and an unexpectedly big surprise are expected.
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