WHIR = Web Host Industry Review
Bitcoin Payment and Web Hosting – Is Digital Currency an Opportunity?
Nicole Henderson
2012-12-06
http://www.thewhir.com/web-hosting-news/bitcoin-payment-and-web-hosting-is-digital-currency-an-opportunity...
A number of hosting providers already accept Bitcoin payments. On Wednesday, GigaTux announced that it would accept Bitcoin payments for services running on its Linux hosting servers in the UK and Germany.
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In an interview with the WHIR, CubicWebs CEO Michael Dance says that accepting Bitcoins is sort of an experiment as he is still learning about the digital currency.
“Not a lot of hosts use it so you’re opening yourself into a new market,” Dance says. “I liked the idea of it and anyone can use it just by using the Internet.”
By offering Bitcoins, Dance hopes CubicWebs can open itself up to a new customer base, and differentiate from other web hosts that may not accept Bitcoins.
While the number of hosting customers that want to pay using Bitcoins may be minimal, there is not a lot of risk for a hosting provider to offer it as an option, alongside traditional payments like PayPal.
Services like Paysius convert customer Bitcoin payments into USD, or merchants can opt to keep the Bitcoins. Paysius promises lower fees than conventional credit card, PayPal or bank transfer systems
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