Merchants Create The Illusion of Discounts, More Transparency Is Needed
Bitcoin is fairly often criticized due to the lack of discounts for customers paying in virtual currency. Merchants save money due to far lower transaction fees and are protected from Bitcoin price volatility by most payment processors. For some reason, these savings are not leading to discounts or coupons for customers. But even real-life “savings” are....
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Coinbase is now offering its merchant partners a way to incentivize bitcoin payments with a new feature that will allow businesses to extend discounts of up to 25% to consumers. The California-based company framed the move as one that will provide merchants with a dynamic way to incentivize their customers to shift away from traditional payment methods. As the costs of a credit or debit card transactions fall largely on the merchant - who may find themselves charging more to make up for these expenditures - a discounting feature can make it more enticing for customers to spend bitcoin.....
A look at biases and the illusion of the authority of CEOs, presidents and other high profile figures.
On Friday November 27th the Bitcoin Black Friday website will open its doors again with offers from several merchants. Bitcoin spenders will be able to buy goods at rock bottom prices for 24 hours only. Bitcoin Black Friday, founded in 2012 by Jon Holmquist, is going to open in a few hours from now, hosting a number of merchants that adhere to the initiative. The website traditionally only remains open for one day. As from previous years, Bitcoin supporters are expected to take advantage of the offers, as well as spread the word about it for the good of Bitcoin reputation. This year the....
There have been several merchants joining the bitcoin transactions these days, includingLawyer.com which even offers discounts for cryptocurrency payments. Lawyer.com is an online lawyer directory. The company's decision to accept bitcoin payments would allow customers to enjoy faster and cheaper transactions. Lawyer.com members who use bitcoin can be able to get a 10% discount on services. Bitcoin Transactions Bandwagon. "Bitcoin transactions reduce our costs, improve transaction speed and provide full billing transparency. In return, we can offer our services at significant savings,"....
Black Friday-generally considered the busiest day of the Christmas shopping season-is fast approaching. Bitcoin Discounts is piggybacking off of the multiple-year successful "Bitcoin Black Friday" event to help bitcoin-friendly merchants advertise their deals to the bitcoin community and customers find stores that plan to offer Black Friday bitcoin deals. Editor's Note: The "Bitcoin Black Friday" that most Bitcoiners are familiar with from the years past is brought to you by Bitcoin Black Friday, not Bitcoin Discounts. Also Read: Half of Small Businesses Not Prepared to Accept Bitcoin.....