Bitcoin full integration in payment systems

[Wiwo]

It takes regulatory policies for companies to finally integrate direct Bitcoin payments into their systems. For now, companies in different countries all over the world are tiptoeing on Bitcoin because of the lack of regulations. They are waiting for the proper green light from the authorities for them to finally make Bitcoin payment an integral part of their payment options.

However, things don't seem urgent because Bitcoin is not an attractive payment option even to Bitcoin owners themselves. With what's going on with fiat, it would be better to keep the better money and spend the bad money.

If companies are waiting for regulatory approval before integrating Bitcoin into their payments system then they may have to wait for a very long time as the authorities may take longer to make a policy in that direction because Bitcoin is a decentralized currency so its regulation may be hard to achieve.

[oemar bakrie]

various technological methods are already more or less using token payments, and that's one way to make payments easier, but specifically bitcoin may only be partially for payment methods, because it's officially not recognized, it's only used for payment methodsonly software on a computer.

[redsun114]

So many companies are gradually adopting Bitcoin into their payment system and this has led to the development of various software that will work to connect to the Bitcoin network (blockchain) but this development have encounter various challenges which prompt me to seek to know when can a company be fully integrated in it Bitcoin payment.

I am yet to get what you mean by the question you have asked TV integrating Bitcoin into your platform or website is now really a process that takes a long time, So I don’t get what you mean by when a company will be fully integrated with Bitcoin. There are lots of applications or tools that you can use to integrate Bitcoin payment into your website, one that I know very well is the block chain merchants app that allows you to integrate this feature into your website, so that you will be able to receive payment in Bitcoin from your customers.

This is not even a process that takes a long time, once you install the app you will see that it is quite very easy to do, and once you have set it up it is done. You would then be able to receive payment through this application easily from your customers.

[ajanwalker]

More importantly than Bitcoin, it would be more beneficial to use cryptocurrencies as a means of payment. Because it is not easy to use bitcoin as a payment tool due to its technology. Sometimes transfers can take a long time due to the network.

[Rengga Jati]

-snip-

There are some reasons why so far, Bitcoin is not fully used as a payment method, because of regu;ation.
We can only count how many countries that accept Bitcoin as a legal tender, that allows Bitcoin to be used as a payment method, as a currency.
And, we cannot blame people who do not use BTC for a currency, because they cannot, due to the strict of each regulation that is probably set in each country. 
The basic goal of Bitcoin is yes, as a currency, but for this time, this can not be fully used and adopted. Bitcoin is really important for a global currency, I do really agree moreover with the advantages that are offered to use Bitcoin as a global payment. But once more, so far, not many companies or merchants can accept Bitcoin as a payment method.
The goal of Bitcoin seems to be invested right now, using HODL and even trading assets for circulation.

[Tellek Garing]

More importantly than Bitcoin, it would be more beneficial to use cryptocurrencies as a means of payment. Because it is not easy to use bitcoin as a payment tool due to its technology. Sometimes transfers can take a long time due to the network.

You should edit this comment because your sentence in is not correct, crypto currency as a payment system will eradicate the role of third party in small transactions and also if the network will be able to use the lightening network that will also solve the problem of fees and longer transactions time.

[masterrex]

IMO, I believe that Bitcoin needs a total upgrade in order to be adopted in the mainstream as a payment option because its plenty of things to be fixed in Bitcoin like the transaction speed and also the transaction fees because for me the expensive fees are also an added burden that holding Bitcoin to be adopted globally in order to be adopted it should be convenient and no added extra cost while sending Bitcoin which is not the reality since then. But Bitcoin is still a good asset for investment.

[fiulpro]

Not a tech expert but I do think that :
- They need to have basic technical knowledge and staff
- They need to have specific wallets integrated with lightning network
- The right knowledge to combact volatility
- Customer Demand
- Upgradations in their site or shops, adding qr code for payments etc
- Fine order processing and printing of online receipt 🧾 as well
These are the things that pop up in my mind when I think about companies who want to integrate the bitcoins in their system, it's essentially easy but people must be careful since one wrong step and the blame would be on the whole network. Plus they need people who are already accustomed with Bitcoins to be handling that.

[VanityWallets2015]

-snip-

Indeed. Integrating bitcoin to payment systems would require a lot of effort and resource, which will be crucial to the smooth transition of both the public and companies into a modernize method. Without such, it is easy to make mistakes and cause inconvenience for both parties. And until these are provided and fulfilled, full integration of crypto in payment systems is not yet feasible.

[dark1234]

for a company wanting to adopt bitcoin as a means of payment is not difficult because they easily provide systems and services that can run it, it's just that the level of trust of workers who handle the system must be trusted and bitcoin regulations must also be supported by the government as a legal guarantee service if This is not supported by the government, so the company must take full responsibility for the risks that will occur from each transaction