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Shiba Inu News: Thousands of Small Businesses Now Have Access To Accept Shiba Inu As Payment

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The announcement of the Verifone and Lavu has sparked interest among the Shiba Inu community because the Shib Token will now be accepted at hundreds, if not thousands of restaurants across the world. We looked into what this could actually mean for Shiba Inu and the possibilities are endless.

Many news sites tend to focus on the largest businesses that will accept Shiba Inu from this deal but we wanted to focus on what has always been called the backbone of the economy which is small business owners. Small businesses outnumber large companies. There are over 31 Million Small Businesses in America compared to just 21,000 large corporations. [SOURCE] This deal gives those businesses access to accepting crypto.

One such company is Barefoot Bob’s, which was featured on Kitchen Nightmares with Gordon Ramsey. Their business was in trouble and Gordon Ramsey gave them suggestions including using the Lavu Systems to make it easier for them to accept payments and track their sales better.

Another company we have seen is Rude Boy Cookies. They utilized the Lavu system to help them grow and understand how to track sales and products and essentially helped them cut the costs and make more use of the data. One of the business partners was on the Christmas Cookie Challenge on the Food Network and won. This is another example of how small businesses can empower people and Lavu gave them the tools they needed.

The FLEX system will give businesses access to accepting credit cards, cash, and digital wallets with Shib now being added to the payment methods list!

The point is yes there are some major corporations that are now accepting Shiba Inu as payment which is exciting however the small businesses are many times overlooked because of their limited locations. But if you truly want utility and mass adoption then this should be a larger focus. Already hundreds of businesses are using Lavu and Verifone and now thousands more have access to accepting SHIB as payment. Add all these small businesses together and you have a major chain reaction of companies that accept SHIB as payment.

This is just the beginning for Crypto and it still is extremely early for Shiba Inu. The future is so bright for the entire Shiba ecosystem.

 

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