Bitcoin Forum
April 25, 2024, 06:51:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Coinbase instead of visa/mastercard for your business.  (Read 1058 times)
vipgelsi (OP)
Legendary
*
Offline Offline

Activity: 1736
Merit: 1001


View Profile
September 27, 2014, 11:40:16 AM
 #1

Im just curious if anyone has made the switch or has also started to use it as a extra payment method. What are peoples reactions and is it worth the savings if any.

Tia
1714071068
Hero Member
*
Offline Offline

Posts: 1714071068

View Profile Personal Message (Offline)

Ignore
1714071068
Reply with quote  #2

1714071068
Report to moderator
1714071068
Hero Member
*
Offline Offline

Posts: 1714071068

View Profile Personal Message (Offline)

Ignore
1714071068
Reply with quote  #2

1714071068
Report to moderator
1714071068
Hero Member
*
Offline Offline

Posts: 1714071068

View Profile Personal Message (Offline)

Ignore
1714071068
Reply with quote  #2

1714071068
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714071068
Hero Member
*
Offline Offline

Posts: 1714071068

View Profile Personal Message (Offline)

Ignore
1714071068
Reply with quote  #2

1714071068
Report to moderator
haploid23
Legendary
*
Offline Offline

Activity: 812
Merit: 1002



View Profile WWW
September 27, 2014, 11:55:31 AM
 #2

It wouldn't be good for your business if you exclusively accept bitcoins. You can't exclude fiat yet because most people still transact in fiat, and most things you buy are still in fiat.

franky1
Legendary
*
Offline Offline

Activity: 4200
Merit: 4442



View Profile
September 27, 2014, 03:07:41 PM
 #3

Im just curious if anyone has made the switch or has also started to use it as a extra payment method. What are peoples reactions and is it worth the savings if any.

Tia

adding coinbase (bitcoin) as an extra form of payment, i would definetly reccommend. but limiting yourself to only bitcoin. stops you from certain customers. infact having every currency known to man is the best option, not just the legal tender of your own country.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
farlack
Legendary
*
Offline Offline

Activity: 1311
Merit: 1000



View Profile
September 27, 2014, 03:56:10 PM
 #4

Wouldn't be smart to only accept bitcoin as not everyone has adapted to bitcoin...yet.


Yep I've had a bitcoin sign for months, have not made any sales. I'm at an outside flea market, any time someone walking by notices it and knows about it, they just say scam to their friends and keep walking. One day... We will make a sale from the sign.
psudoBTC
Newbie
*
Offline Offline

Activity: 52
Merit: 0


View Profile
September 28, 2014, 04:29:07 AM
 #5

It wouldn't be good for your business if you exclusively accept bitcoins. You can't exclude fiat yet because most people still transact in fiat, and most things you buy are still in fiat.
I agree. I think a better idea for the OP would be to accept bitcoin via coinbase and offer, say a 4% discount for customers who pay in bitcoin. I would estimate this to be the lower bound of the effective cost of accepting credit cards (after accounting for fraud and charge backs). This would result in the merchant having the same profit on a per sale basis, however would potentially be able to gain market share due to the permanent discount.
Kawada
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
September 28, 2014, 08:54:56 AM
 #6

If you only accept Bitcoins you cut a big market share. I don't know if it is good foru your business  Sad
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!