Yelp, one of the largest website listing platforms in the world, recently added “accepts cryptocurrency payment” filter. The main objective of this filter is to help users to identify businesses that allow customers to pay for goods and services using cryptocurrency.
Accept Cryptocurrency Payment Filter
Over the last one year, cryptocurrency and blockchain technology has undergone tremendous changes. Even though there are challenges, it is good to note that the industry is still vibrant and expand to new grounds.
Yelp is one of the platforms that are helping the industry grow by empowering people with information about the power of cryptocurrencies. Just the other day, the company decided to add a new filter “Accepts Cryptocurrency Payment”. As the name suggests, this new filter will make it easier for people who use the platform to find information about businesses to locate those that allow clients to pay using cryptocurrency.
Based on the fact that the platform has millions of users, this move is a positive step that might fuel mass adoption of various digital currencies such as Bitcoin as a medium of exchange. Experts are of the idea that this new filter will encourage more brands to accept digital currencies. If that happens, we will see a sharp increase in the number of cryptocurrency traders and investors from all across the globe.
Just like any other new feature, there are a few challenges that the company needs to work on to improve the service. One of the limitations that users have complained about online is that they could not find the feature on UK mobile website, Android App or Yelp desktop website. At the time of writing, one is only able to view this feature on iPhone mobile application.
This limitation is a sign that maybe the company is still testing the new filter to determine its feasibility. Since millions of people already own cryptocurrencies, it is safe to predict that the filter will soon be available on all platforms include Android mobile application.
Yelp is not the only company that is determined to make a lasting impact on the industry. One of the leading browsers in the world, Moon on Monday announced that it was working on a system that would make it possible for its users to make bitcoin payments on the leading e-commerce website in the world today, Amazon. This will be done through a third party financial institution whose main role will be to convert dollars for the customers.
Rakuten, one of the largest e-commerce websites in Japan, is also rumored to be in the process of registering its own crypto exchange platform. Get more cryptocurrency news here.