ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says

Cointelegraph

Published Jun 28, 2022 09:08AM ET

Updated Jun 28, 2022 10:40AM ET

Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express (NYSE:AXP), believes that making payments with crypto is not cost-effective at present.

Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European Blockchain Convention 2022, where he discussed American Express’ current crypto-related plans and future prospects.

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