Slash Vision Labs COO: Encryption payments can help merchants efficiently manage idle funds.

robot
Abstract generation in progress

Slash Vision Labs COO Tokio Nakamoto highlighted the importance of crypto payments at the PayFi ReWrite forum in Singapore. (Background: How USDC's Arc chain ensures stable Gas fees and realizes the vision of global on-chain payments?) (Additional context: PayPal launches "PayPal Links" compatible with crypto assets: making P2P payments as simple as text messaging) At the 2025 Singapore PayFi ReWrite forum hosted by OSL Group on October 2, Slash Vision Labs COO Tokio Nakamoto stated that the core value of crypto payments lies not only in the medium of receiving payments but also in the management of funds after receipt. Funds received through Visa, PayPal, or Stripe often sit idle in merchant accounts, whereas through crypto payments, merchants can manage their funds efficiently, with short-term earnings potentially offsetting some intermediary costs. Tokio noted that while crypto payments struggle to surpass traditional payments in Japan, their advantages in cross-border payments—such as no time restrictions, low costs, and high efficiency—remain significant. He pointed out that unlike many competitors who issue crypto payment cards overseas in an attempt to cover the global market, Slash has chosen not to cater to global native crypto users seeking to evade taxes and customer scrutiny (KYC), but instead opted for a compliance-focused strategy, concentrating on the Japanese market, fully adhering to local mature and stringent crypto licensing and consumer finance regulatory requirements, aiming to provide local businesses with a safe entry into the crypto assets sector, and promoting the popularization of crypto assets in Japan in the medium to long term. Related reports: International supermarket Spar: Open 300 stores in Switzerland using Binance Pay, bringing crypto payments into daily life. Walmart and Amazon explore "issuing stablecoins" to challenge crypto payments and save on hefty fees from VISA and Mastercard. This article titled "Slash Vision Labs COO: Crypto Payments Can Help Merchants Efficiently Manage Idle Funds" was first published on BlockTempo, the most influential blockchain news media.

SVL-8.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)