Recently, bitcoin users got an opportunity to find and pay for lawyer services using the most discussed cryptocurrency.
On August 4, Lawyer.com, a leading directory and Lawyer matching service headquartered in Basking Ridge, New Jersey and Easton, Pennsylvania, announced that the company was going to accept bitcoin payments. Now, the firm’s clients are allowed to pay with bitcoin. Plus, the company states that its already existing clients and potential ones who pay with BTC are going to get a 10 percent discount on services.
“Bitcoin transactions reduce our costs, improve transaction speed and provide full billing transparency. In return, we can offer our services at significant savings,” said Gerry Gorman, Lawyer.com CEO. He also spoke about the low processing fees associated with the decentralized currency.
In addition, premium members now can easily sign up for a free and secure Bitcoin wallet at the top processors in the industry thanks to the company’s partnership with both Coinbase.com and Bitpay.com.
“We are always looking for ways to deliver more value to our Members and Bitcoins are an exciting and fun way to do so,” says Gorman.
Obviously, the latest Lawyer.com press release proves that the firm is really interested to use this new industry.
“Bitcoins will account for $20 billion in payments in 2015 and the number of user wallets has doubled to 10 million worldwide in the last year,” says Mr Gorman.
Moreover, Lawyer.com is going to cut its premium membership fees for bitcoin users. Usually, premium members pay $99 per month, but those potential members who use the bitcoin payment option will pay $89 per month.
It goes without saying that the digital currency keeps being promising and is becoming really popular nowadays. The FinTech industry is gaining its worldwide power and is developing astonishingly fast. However, “the world is not there yet”, recently said Blythe Masters, the chief executive of Digital Asset Holdings, and one of the biggest names in the business, at SourceMedia’s Convene conference in midtown Manhattan. Plus, according to Masters, the industry would have to address regulatory hurdles as it confronts issues like authentication and security in coming years, reported Business Insider.
Still, if flaws and issues don’t scare even lawyers, probably it’s worth beliving that the world will be there soon.