Why Isn't Your Business Accepting Bitcoin?
Arianna is a bitcoin enthusiast and investor, who organizes a bitcoin meetup group in New York. Bitcoin has been blowing up the news lately, mostly with bad press stemming from Mt. Gox's recent collapse. If you're a business owner who is considering accepting the digital currency, this may be causing heart palpitations. Despite the temporary market unrest, there are huge opportunities for merchants to benefit from accepting bitcoin - I've outlined a few below. Cost. Credit card fees usually run around 2 to 3%, which can make a considerable dent in the profits of businesses operating on low....
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With over 80,000 companies already accepting Bitcoin payments as of 2014 and that number rapidly growing, business owners can no longer afford to ignore the world’s most popular decentralized currency. So let’s check out six reasons why accepting the virtual currency is a great idea. Multiple Reasons to Accept Bitcoin. Around the world, forward-thinking merchants from small shops to large corporations are joining the Bitcoin trend, with many of them doing so in order to improve cash flow by cutting costs and boosting their bottom line. But, is doing business in Bitcoin a worthwhile....
Businesses are always looking for ways to add new revenue streams, stay on the cutting-edge of the latest technologies, and reduce operating expenses. As companies like PayPal, Microsoft, and Dell Computers have already discovered, Bitcoin accomplishes all three, and would be an asset to any modern business model. What if you aren't a Fortune 500 company? How would you get started quickly and easily with this exciting new global technology and digital currency? Here are seven ways to get started accepting Bitcoin into your business in a matter of days, with companies that specialize in the....
The international business school ESMT Berlin has just announced it will be accepting bitcoin for tuition and degree certification. The school will be the first German University to accept cryptocurrency as payment. ESMT Berlin Accepting Bitcoin a ‘Logical Consequence of Digitalization’. ESMT Berlin is a leading business school in Germany that offers MBA....
Accepting Bitcoin payments can do wonder for any business, and the gambling industry is at the top of that list. Various casinos and other gambling establishments in Las Vegas have taken the plunge by venturing into the world of Bitcoin payments, and they are reaping the rewards from being early adopters. Overall, the interest in digital currency is on the rise in Las Vegas, which could be a sign of positive things to come. Using Bitcoin in Las Vegas. Among the locations accepting Bitcoin in Las Vegas are several prominent locations, such as the D Las Vegas Casino Hotel and Golden Gate....
As bitcoin continues to grow in popularity, small businesses around the world have begun accepting the digital currency as a method of payment. Many of these businesses have seen only a very small portion of their customers pay with bitcoin, but that doesn't necessarily make the venture into cryptocurrencies a failure. Dr J Anthony Allen, CEO of the Minneapolis-based music production school Slam Academy, said bitcoin payments at his business have been "very successful," yet Slam Academy has seen just one customer pay with the digital currency since Allen began accepting it in November of....