Not like legislation companies, the cryptocurrency fee craze hasn’t hit authorized tech corporations or different authorized service suppliers (ALSPs) but. However the unstable cryptocurrency market isn’t the one issue pushing these corporations away from digital cash. Additionally they level to purchasers’ lukewarm enthusiasm towards cryptocurrency as conserving digital funds a distant actuality for his or her market.
To make sure, the authorized market is experiencing a fee revolution—however extra so within the type of more and more accepting bank cards and automatic clearing home (AHC) digital funds transfers, stated Colin Li, CFO and CRO of Paradigm, which gives authorized billing methods Bill4Time, legislation agency accounting software program TrustBooks and different authorized tech merchandise.