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opens their crypto wallet, and then sends the Calendar
business the cryptocurrency. It is converted to
"fiat" U.S.dollars, and they get a deposit to their
bank account similar to their merchant account
in 24 to 48 hours. This is happening now, and it
is going to keep growing. As the price of bitcoin
goes up, it will become more and more popular. Annual Conference
And in the future, we might see stablecoins July 27 - 28, 2022
being used for this. https://www.midwestacquirers.org/
3. We are trying out a couple of services now;
many companies are working on coming into
the market. They are running into compliance
issues, as the SEC, the Fed and IRS have all made
rules surrounding this.
August 16 -17, 2022
Companies have to be SOC2 compliant, and http://www.theprepaidexpo.com/
handle IRS reporting, issuing a 1099-B for
proceeds from broker and barter exchanges,
send 1099s to merchants and form 8300 for cash
transactions over $10,000. So compliance is going
to be a major hurdle for these companies to deal
with. These rules go into effect in 2023 and 2024,
and there could be more changes and rules. August 22-24-2022
https://mobilepaymentconference.com/
4. Technology is moving at a very fast pace, and register-now-2022/
fintech companies are coming up with new
products and services all the time. Personally, I
have been following crypto for years; I bought,
sold, traded, transacted, purchased an NFT, set
up a mining. I also recently attended Bitcoin
2022 in Miami and a couple of other blockchain-
related conventions in South Florida September 7 -8, 2022
https://westernstatesacquirers.net/
At some point, gateways will start to integrate
third-party payments into the entire gateway
with buy now, pay later (BNLP), crypto and
other services. I have seen a few companies who
are trying to put these solutions together.
5. We will not see a cashless society. There are September 14-16, 2022
ATMs all over the place, and cash is king for many https://www.wespay.org/
people. Maybe down the road, there won't be any
cash or a need for money, and life will look like
Star Trek, although some of the societies they
encountered used some type of tender. There are
a lot of people who use cash and only use cash.
When I was a kid working in my dad's store, he
took cash and checks from people he knew.
https://us.money2020.com/
Then he started to accept charge cards and had a book
and an imprinter and took the slips to the bank with
his cash. If you have a show you
would like listed, please
Now it's cash and credit: most businesses do not take
checks. Soon it will be cash, credit or crypto! send information to
events@greensheet.com
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