Yelp Officially Announces New Feature for Bitcoin Merchants
San Francisco-based merchant directory provider Yelp has officially announced a new functionality that allows bitcoin-accepting merchants to promote awareness of the payment method via its platform. Though rumors of the new feature have circulated since as far back as 10th April, this was the first time that the company confirmed the news. Wrote Yelp in its official blog post: "We're constantly thinking about how to make our business attributes more useful for consumers and businesses. That's why we're excited to announce that as of today, we're adding a new attribute: 'Accepts Bitcoin:....
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Is your business one that accepts Bitcoin? Starting in early April, Redditors started to notice that certain Yelp businesses around the country were starting to show “Accepts Bitcoin” on their Yelp pages. Even more fascinating to the Bitcoin community, at the time, was the fact that Yelp seemed to have been the ones to provide this option for restaurants. Yelp is currently in the process of creating a searchable directory of Bitcoin businesses around the world. Currently, businesses that are updating their Yelp page will have a new check box to check under Business Information: Accepts....
Noted technologist and Blockchain chief security officer Andreas Antonopoulos took to reddit today to kickstart a campaign to create an alternative to the "We Accept Bitcoin" signs popularly displayed by merchants. The proposal was prompted by Yelp's decision to highlight bitcoin merchants, and follows its introduction of a new attribute for its business profiles earlier this week. This update now allows merchants to advertise that they accept bitcoin to site users. Antonopoulos' plan calls for the creation of a new graphic design that would incorporate both the traditional "People Like us....
If you follow the Bitcoin subreddit on social sharing website Reddit.com, you may or may not have come across an interesting post this morning. In short, it would appear as if Yelp (a business review site, if you live under a rock) now allows business owners to specify whether or not a business accepts bitcoin. The image provided by the submitted clearly shows a "Accepts Bitcoin" yes/no option directly below the "Accepts Credit Cards" option in the back-end options. This reflects on the business's page under the "More business info" section on the left (see here for an example). Update:....
WalletBit has posted their official press release on Reddit and Bitcointalk. Also, the flat rate portion of their bank deposit fees has now been dropped. WalletBit, the merchant platform that has begun rapidly growing in prominence and pushing itself as a mainstream alternative to BitPay this fall, has announced a new feature for merchants who are located in Europe: payment by bank deposit. Participating merchants can now accept Bitcoin without ever handling them themselves, instead having their earnings immediately converted to local currency and deposited regularly into their bank....
Popular e-commerce platform Shopify announced earlier today it would add a bitcoin payment option for its sellers. With a base of over 70,000 online stores, the number of goods that can potentially be purchased with bitcoin has expanded once again. With current values putting 1 BTC at almost $340, bitcoin has moved back onto the mainstream radar. Acceptance by a large commercial presence like Shopify could see even more heads and opinions turn bitcoin's way. Bitcoin payments via BitPay will be offered as an option for merchants immediately*, but they will need to request activation....