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Industry leaders say blockchain makes payment services more efficient

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imageCryptocurrency45 minutes ago (Sep 06, 2020 12:00PM ET)

Industry leaders say blockchain makes payment services more efficient

With online payments company Wirecard undergoing insolvency proceedings this month, mainstream financial services like VISA, PayPal, and Mastercard (NYSE:MA) are rushing to fill the digital payments void, and be one of the first to offer crypto payment cards, stated experts in the crypto industry.

During an interview with Cointelegraph, Jerry Chan, CEO of blockchain service provider TAAL, and Rod Hsu, President & Co-Founder of virtual currency platform Coincurve, both agreed that the competition could be just what the industry needs to shift the way that digital currencies are being used as a method of payment or technology.

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Industry leaders say blockchain makes payment services more efficient

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