Yelp which is run by an American international corporation and one of the famous and user-driven business listing application has apparently added an alternative to its app where users can accept cryptocurrency.
This well-known app Yelp has created a new feature that filters businesses. Yelp is a user-driven app that lets many traders accept and claim their own listings; however, the app depends deeply on customers to report listing inexactness, apprise detailed features, and, not to forget it does leave reviews, such as remarking on the experience after using cryptocurrency. Yelp is an extremely a famous and widespread app that is used internationally with 10 million downloads all over the world till date. In 2019, it had has 69 million exclusive customers on its mobile website. Approximately 62 million users have visited this app on the desktop. This new option of cryptocurrency is yet not available on Yelp’s Android app, desktop website, and UK mobile website. Currently, the app is only restricted to the iPhone. Craiglist, an extensively well-known classified ad service, has also included an alternative for sellers to specify that they would receive payment in crypto for goods and services whether it is a part payment or full payment.
Many companies getting into Cryptocurrencies:
Another important website Expedia has recently accepted cryptocurrency that is useful while traveling. By adopting cryptocurrency, the company is offering its customers to have a better and much simple kind of method while traveling, creating a complete experience as effortless and suitable as imaginable. On the other hand, Moon, a browser extension broadcasted that it will ease crypto expenses on one of the largest e-commerce company Amazon, by requiring a 3rd party monetary organization by changing the expense to dollars.
Ken Kruger, CEO of Moon stated that: “There’s no direct merchant integration. However, we’re integrating with the Visa and Mastercard network, and we get a cut of the interchange fees that merchants pay every time they receive a credit card transaction.”
The Japanese online website leader Rakuten has also started its own crypto exchange from April 2019.
Though Yelp doesn’t accept cryptocurrency by itself, this shift is a huge one in the cryptocurrency arena because of the number of users that are using this app. There are even a few of the disadvantages to this new move that needs to overcome first.
Crypto is the latest trend that has touched globally with cryptocurrency responsiveness have already created progress while acceptance is increasing quickly. It has been guessed that the subsequent bull run will be a larger one as compared to the last one.
Yelp was established in 2004 to help individuals and businesses at a greater extent. By the end of Q4, 2018 users have written more than 170 million reviews. Being a local-search service engine the major objective of Yelp is to offer reviews from their huge social community.