Bitcoin Forum

Other => Beginners & Help => Topic started by: BittyBatty on September 28, 2017, 11:41:34 AM



Title: Merchant help
Post by: BittyBatty on September 28, 2017, 11:41:34 AM
I read somewhere the benefit of accepting bitcoin for a merchant is as below

"Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it."

Can someone please elaborate on how this works. Right now, lets say i have my bank who provides the card processing service will settle my transactions to my bank account periodically.

In that context, how does the above benefit apply?


Title: Re: Merchant help
Post by: baradfo on September 28, 2017, 11:28:26 PM
Coinpayments is a processor that could help out with that https://www.coinpayments.net/

The benefit would also expand the payment opportunities that your customers could use, rather than just fiat.


Title: Re: Merchant help
Post by: john2231 on September 28, 2017, 11:47:54 PM
I read somewhere the benefit of accepting bitcoin for a merchant is as below

"Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it."

Can someone please elaborate on how this works. Right now, lets say i have my bank who provides the card processing service will settle my transactions to my bank account periodically.

In that context, how does the above benefit apply?
I think it would still depends if what is actually the price or present price of bitcoin but you can try to use bitpay instead they are giving you a bitpay card where you can withdraw your bitcoin directly into fiat.. if you are planning to become a merchant selling something online bitpay is the best for business and you can check the rate of bitpay here https://bitpay.com/bitcoin-exchange-rates