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Cryptocurrency: A New Means of Payment at Congrex

by | Nov 26, 2018 | Blog

Congrex Switzerland and Digital Currency

We do our best to always stay at the forefront of digital trends. At Congrex Switzerland we have now included Bitcoin and Ethereum as alternative payment methods in our registration system. As a company whose philosophy is underpinned by the endeavour to seek out new technologies in order to provide the best possible experience for our partners and to help to lead the way towards the future.

Why use Cryptocurrencies in the Meetings Industry?

Cryptocurrencies are coming to the meeting industry. The world’s top performing companies are leading the way by showing greater acceptance towards the use and normalisation of digital currencies. They are adopting the latest technological advancements as a way to set themselves apart from their fewer brave competitors. At Congrex Switzerland we are exemplifying the movement towards the meetings industry and towards the future of payment for conference registration and services.

Digital currencies complete, or even exceed the efficiency of other cashless processes of payment. Due to the de-centralisation of cryptocurrency, they do not require a bank to process payments. This not only saves money and time but also offers the opportunity for payments in regions, where no banking system is at one’s disposal.

Digital Currency Benefits

Enabling competitive, borderless and the closest to near-instantaneous transactions, digital currencies are a revolution taking the financial industry by storm. So now, with just an internet connection, users can register and pay to register. You don’t need a traditional bank account for using cryptocurrencies.

Similarly, accepting cryptocurrency as an organisation enables you to tap into a younger consumer demographic. Many studies show a positive attitude towards cashless societies from younger generations. Accepting cryptocurrency helps attract those who prefer the simplicity and instant gratification that crypto transactions provide. In addition, the steady popularisation of digital wallets and currencies are the early adopters. It sets you far apart from your competitors.

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