Bitcoin Forum

Economy => Gambling => Topic started by: IM9 on July 27, 2016, 02:42:49 PM



Title: Question: Traditional Online Payment Gateway & Blockchain business combination
Post by: IM9 on July 27, 2016, 02:42:49 PM
Guys, I'm new to the bitcoin game but wanted to ask you a question of how a traditional Online Payment Gateway business like Sage could benefit from integrating with blockchain, bitcoin, etherium? I ask because we are considering to acquire a traditional gateway and just wanted to know if there is a blockchain angle (we have 5 million users)? Given the strength of this community, I figured you guys would have feedback? Any thoughts would be appreciated in terms of opportunities or cost reductions.


Title: Re: Question: Traditional Online Payment Gateway & Blockchain business combination
Post by: neochiny on August 17, 2016, 10:50:08 PM
New? (though having posted 2 years back?) Anyway,

As for benefits that businesses like Sage could have in integrating Bitcoin, payments with bitcoin

* has significantly lower transaction fees as compared to credit cards.
* no chargebacks because all purchases are final, you won't have to deal with chargeback fees in case of disputes regarding a purchase
* get paid quickly, instead of funds being held for weeks in case of chargeback
* ease of accepting international payments

   "Providing consumers with more ways to pay can increase sales, as you give consumers more options and make the buying process easier,"

You may check out this articles :

https://www.entrepreneur.com/article/237026
https://coinreport.net/coin-101/advantages-and-disadvantages-of-bitcoin/ 
http://www.businessnewsdaily.com/5758-bitcoin-tips.html#sthash.jOrhcWDf.dpuf