Coinbase Now Allows Merchants to Offer 25% Discounts on Bitcoin Purchases
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.....
Related News
Electronic gift card provider eGifter has launched a new incentive program for customers who want to pay with bitcoin, dogecoin or litecoin: a 3% discount in redeemable rewards on such purchases. The eGifter Points program, officially launched today by the New York-based company, skews discounts favorably toward the company's decentralized payment options. Customers in the rewards program only receive a 2% discount for using PayPal, and 1% for using credit cards to buy eGifter cards from major merchandisers. Tyler Rowe, eGifter's co-founder and CEO, said: "Because cryptocurrencies cost....
Bitdeals.io, the idea of two high schoolers, strives to help people find online stores that offer discounts in bitcoins, already offering the largest selection of bitcoin deals on the Internet. Raymond Mancini and Giovanni Armonies-Assalone, the company's two co-founders, hope to bridge the gap between online stores that offers discounts when using Bitcoin and those who hold the currency. "We agreed that this was a good idea because not only would it be a domain that would connect consumers to bitcoin-friendly, online retailers, but it would also connect consumers to discounts, a big....
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....
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.....
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....