Bitcoin For Retail | Bitcointalksearch.org

pokerknave

sr. member

Activity: 284

Merit: 250

Giving away aesthetically pleasing coins to anyone

Quote from: Q7 on March 08, 2015, 05:00:07 AM

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

What you are looking for I believe resembles something like a terminal which makes paying in bitcoin becomes as simple as just doing a swipe and then it's done. It's to facilitate retail operation. Read that it's quite popular in Germany right now. You might want to check out the link here about PEY terminals. https://www.cryptocoinsnews.com/free-pey-3d-printed-bitcoin-payment-terminals-spreading-across-germany/

Cheers this is more like the thing we need. Thanks

pokerknave

sr. member

Activity: 284

Merit: 250

Giving away aesthetically pleasing coins to anyone

Quote from: Possum577 on March 07, 2015, 07:40:29 PM

Where do you keep your personal wallets?

Or ask this question in the Marketplace section.

I keep it on my laptop, why?

pokerknave

sr. member

Activity: 284

Merit: 250

Giving away aesthetically pleasing coins to anyone

Quote from: Newar on March 07, 2015, 11:58:34 PM

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

Do you want to keep them or have them insta-converted to GBP?

For ease of usage we would rather have them instant converted to GBP.

needFREElunch

full member

Activity: 196

Merit: 100

Hi

I think that bitcoin might be a bit slow in terms of conformation times for retail.

doggieTattoo

full member

Activity: 209

Merit: 100

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

3d print super mario coins and give them to the cashier, if they are confused take it back and say they missed out.

doggieTattoo

full member

Activity: 209

Merit: 100

I think you definetly can, Grin

. I saw alot of stores in my town that have bitcoin signs in the front that say we accept bitcoin. It was also the wierdest places like wedding dress tores but it was definatly a thing.

RedhatCAT

full member

Activity: 123

Merit: 100

Quote from: Berau on March 07, 2015, 11:46:15 PM

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

Bitpay or coinbase is probably your best bet. Good luck.

I am fairly certain that the OP is referring to a retail physical store, as in someone who is essentially accepting a 0/unconfirmed transaction all the time. I don't believe that coinbase/bitpay actually accept 0/unconfirmed transactions, although they do mark it as 'paid' once the tx is broadcast to their node.

finlon

sr. member

Activity: 252

Merit: 250

Isn't Bitpay perfect for retail purposes like you are talking about ?

Amph

legendary

Activity: 3206

Merit: 1069

small or big merchant should just use coinbase or bitpay, for their movement, there is no other best system for now, maybe in the future there will be option to use bitcoin directly, without passing through old/not wanted fiat

kolloh

legendary

Activity: 1736

Merit: 1023

Bitpay is what most companies use for converting bitcoin to fiat on purchase. Probably the best bet here.

Q7

sr. member

Activity: 448

Merit: 250

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

What you are looking for I believe resembles something like a terminal which makes paying in bitcoin becomes as simple as just doing a swipe and then it's done. It's to facilitate retail operation. Read that it's quite popular in Germany right now. You might want to check out the link here about PEY terminals. https://www.cryptocoinsnews.com/free-pey-3d-printed-bitcoin-payment-terminals-spreading-across-germany/

Newar

legendary

Activity: 1358

Merit: 1001

https://gliph.me/hUF

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

Do you want to keep them or have them insta-converted to GBP?

Berau

sr. member

Activity: 448

Merit: 250

Quote from: pokerknave on March 07, 2015, 10:47:57 AM

Could anyone tell me the best system for using Bitcoin or any other currency for a retail operation?

Bitpay or coinbase is probably your best bet. Good luck.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: krigger on March 07, 2015, 07:47:32 PM

Quote from: Tongkar on March 07, 2015, 06:38:54 PM

Sell all your product with bitcoin as a payment option. Have a tablet near by buyers scan your barcode with there smart phone and enter the purchase in dollars through there wallet and send payment.

Yes, I saw this in Geneva, Swiss, in some bar, I was eating and guy paid with his tab with bitcoin. First time I saw someting like that "live".

That was my reaction also, and it was also done in no-time and super simple, but i think people will soon enough loose that feeling of surprise when someone is paying with bitcoin, who knows maybein the future we will be like : omg, that guy paid with some printed papers, how weird is that ?!
@op just have a big barcode at register, and a tablet/phone/laptop to confirm transactions, and ure good to go.

cheers

krigger

sr. member

Activity: 518

Merit: 250

Presale is live!

Quote from: Tongkar on March 07, 2015, 06:38:54 PM

Sell all your product with bitcoin as a payment option. Have a tablet near by buyers scan your barcode with there smart phone and enter the purchase in dollars through there wallet and send payment.

Yes, I saw this in Geneva, Swiss, in some bar, I was eating and guy paid with his tab with bitcoin. First time I saw someting like that "live".

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Where do you keep your personal wallets?

Or ask this question in the Marketplace section.

Tongkar

hero member

Activity: 512

Merit: 500

Sell all your product with bitcoin as a payment option. Have a tablet near by buyers scan your barcode with there smart phone and enter the purchase in dollars through there wallet and send payment.

Snail2

legendary

Activity: 1512

Merit: 1000

The biggest issue is the exchange rate. If you are working with a low margin, your profit could be easily getting eaten up by a sudden price drop.

GreatWinter

newbie

Activity: 30

Merit: 0

Have you looked into CoinKite?

I saw some vids awhile back and they seemed solid for retail and POS.

They have a card system which seems high quality and they are already established.

krigger

sr. member

Activity: 518

Merit: 250

Presale is live!

Quote from: pokerknave on March 07, 2015, 11:32:12 AM

Quote from: krigger on March 07, 2015, 11:15:27 AM

Quote from: pokerknave on March 07, 2015, 11:13:04 AM

Can you explain detailed what do you mean by definition of "retail operation"?
As it can be used as regular money already.

Quote

For selling food and beverages in a chain of pubs and restaurants. At the moment the option I have heard about seem very slow and cumbersome.

Using the QR it is running smooth. Did you tested it?

The problem is the conversion rate. I suppose it is like using US Dollars in a venue geared up for only UK Pounds! That is why e need a system which will iron these things out as even small price movements can play havoc for VAT and beer duty.

Yes, but you can add 10% on your product price and you'll be fine.

Topic: Bitcoin For Retail (Read 1581 times)