Bitcoins Continue Gaining Popularity as B2B Collection Company in Florida Accepts Them | Craig Agranoff
News March 18, 2014 Comments Off on Bitcoins Continue Gaining Popularity as B2B Collection Company in Florida Accepts Them | Craig Agranoff 93Local business-to-business corporate debt recovery agency Johnson, Morgan & White recently announced that they’ve begun accepting Bitcoins as payment. The number of businesses accepting Bitcoin as currency globally has risen sharply in the past year, and they now number in the thousands. This, despite the bad reputation Bitcoins sometimes have in some media circles.
Said Robert Cooper, Johnson, Morgan & White owner, “Although Bitcoins have recently had bad press with a federal lawsuit and indictment regarding money laundering on the infamous Silk Road website, as well as allegations of the financing of drugs, gambling and prostitution, we felt that these were isolated incidents. Additionally, the instant payment aspect alongside the lack of bounced checks and/or credit card chargebacks made our decision simple.”
The fact that Bitcoin has stretched into the Commercial debt recovery arena proves that they’re becoming more viable as a currency choice. After all, debt collection is just the other side of the banking coin from credit and loans. A sizable company like JM&W, which has been in business for 25 years, accepting Bitcoin for is also telling.
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