Definition ∞ A Merchant Point of Sale refers to the physical or virtual location where a transaction between a business and a customer is completed. This includes systems such as cash registers, card readers, or online payment gateways used to process sales. It represents the interface where goods or services are exchanged for payment. Modern merchant point of sale systems often support various payment methods, including digital currencies.
Context ∞ For the digital asset industry, the expansion of merchant point of sale solutions capable of accepting cryptocurrencies is a critical factor for mainstream adoption. The current state involves a growing number of businesses offering crypto payment options, though often through third-party processors that convert digital assets to fiat. A key discussion centers on reducing the complexity and volatility risks associated with crypto payments for merchants. Future developments include direct on-chain payment solutions and stablecoin integrations at the point of sale, aiming to streamline transactions and reduce intermediary costs.
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