There are many reasons why Merchants should accept bitcoin
The demand for digital currencies is on the rise and there is already an estimated 80,000 businesses currently accepting Bitcoin throughout various countries. Bitcoin is becoming progressively of mainstream use, and businesses who are still delaying bitcoin payments acceptance are falling behind from this digital currency revolution, that is surely is here to stay. The Majority of forward-thinking business man around the world is hopping onto the Bitcoin payments trend; many of them are adopting digital payments to cut expenses and boost their bottom line. Coinbase, the 1.6....
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The NCR Silver cloud-based POS system for small businesses is now offering merchants the ability to accept bitcoins as a payment method. After registering with a bitcoin processors, merchants only have to activate bitcoin as a payment option within NCR Silver. Using NCR Silver, smaller businesses such as coffee shops, books stores, cafes and food trucks will be able to accept bitcoins without adopting a new POS. NCR Silver is offering this integration for free to merchants using their system. Also read: Partnership with Micropayments Provider Optelo Brings Bitcoin to 10,000 New Merchants.....
Unfortunately, this sign alone is not enough to accept Bitcoin. BIGbtc will help merchants cover everything needed to accept Bitcoin the right way. With the growing number of merchants who accept Bitcoin as a valid method of payment, one cannot help but wonder whether these people know all the necessary details to embark on this crypto journey. So many factors come into play here. BIGbtc saw this, and they are trying to provide a solution to this problem. Bitcoin 201. BIGbtc, short for Bitcoin Integration Group, is a new player in the cryptocurrency space. Today, they released their newest....
Services like Coinbase and BitPay have been quite the godsend for businesses looking to accept bitcoin. Their services allow merchants to accept the digital currency and instantly convert it back to the fiat currency of their choice - but some in the community disagree with the method, stating that businesses that accept bitcoin should at least keep some of it to support the bitcoin economy. (Take Overstock.com, for example. The company recently stated that they keep ten percent of their bitcoin income as bitcoin.) So why shouldn't others follow suit? Coinbase announced today that....
Merchants in Canada can now tap into a newly launched tool that allows them to accept payments in bitcoin at the point of sale - a browser app called PocketPOS. Businesses can use PocketPOS to conduct transactions through a streamlined point-of-sale interface that does not require hardware installation or management. PocketPOS developer Mitchell Callahan told CoinDesk that the tool is designed to appeal to merchants who aren't tech-savvy, and that it serves as a means for them to not only accept bitcoin, but manage their accounts and interact with an exchange. Callahan framed PocketPOS as....
One of bitcoin’s most-often cited challenges is the need for widespread merchant adoption. In examining this issue, bitcoin researchers often note that only a handful of big-name merchants like Tiger Direct accept bitcoin. What often gets less attention is the benefits small merchants are finding with bitcoin; the reason being that smaller merchant adoption is harder to track. High Violet Salon and Spa in Wisconsin Dells, a tourist city in northern Wisconsin, has embraced bitcoin for the same reasons that many other businesses have – lower transaction fees, ease of use, and the option of....