Basant Singh of ACI Worldwide We share how crypto and blockchain are revolutionizing payments for millions of digital currency holders.
As more consumers see cryptocurrencies as a currency of payment rather than just an investment, new channels are opening up for merchants and governments. Crypto Payments and Web 3.0 Reporting for Banks, Merchants and PSPsprovided us with the opportunity to learn more about the revolutionary potential of blockchain technology for building new payment rails.
Basant agrees that cryptocurrencies will grow to be more than just an investment and will soon be accepted as a mainstream payment method. He also highlights the role of blockchain in bridging the e-commerce space with the payment processing needs of merchants and governments that help people.
During the interview, Basant also highlighted the benefits of embracing crypto payments, such as eliminating the risk of fraud and chargebacks and not having to worry about exchange rates for cross-border payments. , also discussed CBDCs (Central Bank Digital Currencies) and how governments around the world are exploring their use. He pointed out that different regions have different rates of digital currency adoption and that governments are now coming up with digital currencies. Some examples include India, China, and the United States, which has signed an executive order but is not yet ready to start a CBDC.
whole, report A video interview with Basant provides valuable insight into the transformative potential of blockchain and crypto in the e-commerce space. Includes industry research aimed at mapping relevant players in this space and measuring crypto payment appetite and adoption rates among banks, merchants, and PSPs. Don’t miss this opportunity to gain a deeper understanding of the potential of crypto and blockchain in the e-commerce industry.
About Basant Singh
Basant Singh is a seasoned payments industry executive with over 20 years of experience spanning payments, fintech and consulting services. He leads his ACI Worldwide Merchant and Payments Intelligence solutions portfolio. This includes payment orchestration platforms that provide e-commerce, omnichannel payments, merchant fraud, and alternative payments. He has global business experience in direct and indirect channels, financial institution partnerships, customer segments and merchant acquisition across verticals.
About ACI Worldwide
ACI Worldwide provides software and solutions that power the global economy. Our mission-critical real-time payment solutions enable businesses to process and manage digital payments, power omnicommerce payments, present and process invoice payments, and manage fraud and risk.
