Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: CoinBeyond on December 08, 2014, 08:03:52 AM



Title: I'm going to convince a burgeoning coffee chain to accept my bitcoin debit card
Post by: CoinBeyond on December 08, 2014, 08:03:52 AM
How should I do it?

We stealth launched our limited beta app for consumers last week in the Android Play Store, and we are less than three weeks away from having cards and readers ready to distribute.  We believe strongly in improving the current financial systems by creating entirely different structures, and our security and integrity are inspired by the blockchain.  Without advertising any more to you guys, I'd appreciate any and all words regarding what you have to think.

https://play.google.com/store/apps/details?id=coinbeyond.pythagoras
https://coinbeyond.com/
https://www.youtube.com/watch?v=FRkgyVj13L4


Title: Re: I'm going to convince a burgeoning coffee chain to accept my bitcoin debit card
Post by: iluvpie60 on December 08, 2014, 01:59:47 PM
why do you want to convince a coffee chain? which chain is it?

small and medium businesses might accept btc more readily through bitstamp and other places. but for the most part companies are not going to see value in a transaction ledger type thing if one guy can do the paperwork in a small amount of time for the business.


Title: Re: I'm going to convince a burgeoning coffee chain to accept my bitcoin debit card
Post by: MakingMoneyHoney on December 08, 2014, 02:49:29 PM
why do you want to convince a coffee chain? which chain is it?

small and medium businesses might accept btc more readily through bitstamp and other places. but for the most part companies are not going to see value in a transaction ledger type thing if one guy can do the paperwork in a small amount of time for the business.

It seems like the company has to install something or set something up to take the payments first. But once they do, of course there's less fees and they open their shop up to more customers.

It looks very interesting.  :)


Title: Re: I'm going to convince a burgeoning coffee chain to accept my bitcoin debit card
Post by: CoinBeyond on December 08, 2014, 10:50:20 PM
why do you want to convince a coffee chain? which chain is it?

small and medium businesses might accept btc more readily through bitstamp and other places. but for the most part companies are not going to see value in a transaction ledger type thing if one guy can do the paperwork in a small amount of time for the business.

It seems like the company has to install something or set something up to take the payments first. But once they do, of course there's less fees and they open their shop up to more customers.

It looks very interesting.  :)

Yes! That's exactly it!  Thank you.
We're working on allowing them to accept fiat credit and debit cards as well.  However, at the moment the model is to pull out the tablet when someone wants to purchase with bitcoin.  If they have the card, it's just like a regular fiat debit card.  Swipe 3464 you're done, transferred bitcoin to the merchant.