A Swiss startup company is attempting to make using cryptocurrencies for online transactions as simple and safe as using PayPal. The main accusation of the mainstream media against crypto is that it is “a currency that is hard to spend.” Even though, according to CNBC, the total worth of Bitcoin spent on merchant services has increased to $190.2 million in 2017, from $9.8 million in 2013, however the market is still in its infancy. According to a study published by the Bank of Netherlands in February 2018, only two percent of online retailers accepted crypto, in spite of "substantial" interest. …

UK-based altcoin exchange LazyCoins has announced they are relaunching their online exchange, along with a mobile app for payments and merchant services. Aiming to expand their services to include mobile payments and merchant services, LazyCoins will be moving into direct competition with industry leaders BitPay and CoinBase's own merchant apps. LazyCoins is entering the fight to provide merchant services in the digital currency world. This was one of the growing trends at the end of 2014, with several companies such as BitPay launching new apps to attract physical retailers to Bitcoin. The attraction of low-to-zero processing fees is a great …