Merchants Can Now Specify a Percentage of Bitcoins to Keep With New Coinbase Feature
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....
Related News
Merchants using Coinbase's services to accept bitcoin payments may be particularly interested to know that the San Francisco-company has improved their checkout payment pages, giving them a refreshed look and improved functionality, while allowing merchants greater flexibility when customizing these pages. For customers already logged into Coinbase, two-click purchasing has not been affected, and sending bitcoin payments is still quick as ever. Some new items however include the ability for merchants to add cover pages. Merchants can get really creative here, and make their checkout pages....
Coinbase has announced its merchants are now able to set Bitcoin price ranges for goods and services in a bid to tackle user error in submitting incorrect payment amounts. Coinbase User Errors ‘Not Fun For Anyone’. The update, announced on the Coinbase’s blog and Twitter feed Monday, also features a partial refund feature for merchants, allowing them to....
Coinbase announced on their blog today that they’ve launched a new Instant Exchange feature. Users can send and receive bitcoins without worrying about exchange-rate fluctuations. Previously, only merchants had this ability to move between bitcoin and local fiat currency to avoid such changes in value. Coinbase is now taking the functionality of merchants and bringing it to the consumer — as long as they hold a fiat currency (USD GBP or EUR) wallet with Coinbase — offering two new features people can start using today. First, there is Instant Exchange Send, which gives you the ability to....
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.....
Coinbase Vault, first revealed a few months ago, has now implemented a multisig feature that has been demanded far and wide by Coinbase's international customer base. In one fell swoop, Coinbase has set themselves apart from their competitor, Circle, in a big way. Today, Coinbase announced their Multisig Vault, which allows users to control their own private keys on Coinbase. This means that even in the event of Coinbase's untimely demise, bitcoins "stored" in the Coinbase multisig vault would still be accessible to the user. Users would be able to use open source tools, like this one, to....