The Kingdom of Caerus Hotel in Belize now welcomes the First Caribbean Crypto Token (FCCT) alongside traditional fiat currencies. This move marks a significant milestone in promoting the use of cryptocurrencies and utility tokens like FCCT. Small business owners must recognize the growing popularity of digital currencies. Embracing digital payment methods can offer numerous advantages for hotels, restaurants, and other establishments.
FCCT provides superior security and reliability.
The COVID outbreak led to a substantial surge in credit card fraud, witnessing a 35% increase in fraudulent instances in April 2020. Among all payment methods, credit cards stand out as the most prevalent source of fraudulent activity.
In contrast, FCCT transactions offer a breath of fresh air with their enhanced safety measures. These payments do not necessitate third-party authentication, resulting in faster and more secure transactions.
FCCT tokens safeguard clients' information from potential data breaches by avoiding centralized data hubs. Instead, data is securely stored in crypto-wallets, out of reach from hackers.
Moreover, leveraging the power of blockchain technology, FCCT transactions eliminate the risk of identity theft as each transaction undergoes rigorous validation and is permanently recorded on the unchangeable blockchain ledger.
Embrace the future of payments with FCCT and enjoy the peace of mind that comes with uncompromising security.
Lower Fees
Hotels must pay both transaction and setup costs when partnering with payment processing companies. PayPal, for instance, charges about 4% for each transaction, while other payment processors charge much more.
FCCT payments are cheap and cost less than 5 cents. When serving foreign clients, FCCT allows hotels to avoid currency exchange fees. All payments are immediate and convenient.
