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Topic: Help my friend take bitcoin (Read 2066 times)

member
Activity: 602
Merit: 10
God is with us
August 23, 2014, 08:30:24 AM
#39
He's a taxi driver and wants to accept bitcoin as payment.

What's his best option? He has an android phone, I was also thinking I could make him a paper wallet and have the QR code on his phone that people could make payments to, this being more secure.

What do you all advise?

Thanks,

Sp00d3r
You can visit a reddit and ask users of /r/Bitcoin. They will help you! They have already help a lof of BTC taxi drivers
hero member
Activity: 482
Merit: 500
LAUNDER BITCOIN: https://BitLaunder.com
August 23, 2014, 07:05:46 AM
#38
CoinBase wallet on his phone is easiest option. But there more sophisticated services like https://coinkite.com/
Check them Smiley
legendary
Activity: 2716
Merit: 1116
August 23, 2014, 06:13:33 AM
#37
Sp00d3r, have you looked into https://coinkite.com? I haven't used it personally however it looks promising.

  • Easily accept Bitcoin, Litecoin & Blackcoin from Coinkite Debit Cards or any other Wallet by QR code
  • Retail PoS and Exchange Terminals
  • Vault-as-a-Service and Bitcoin API





this looks like a cool idea - havent seen this before

Nice app!
sr. member
Activity: 322
Merit: 250
August 23, 2014, 06:08:46 AM
#36
He can get an Android phone or even better a Trezor wallet so you dont have to get your phone in front of people everytime, I would be worried they would steal it or something.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
August 23, 2014, 05:47:42 AM
#35
I would not advise on paper wallet with private key on it, even covered up. Cab drivers get robbed all the time and a papper wallet would be like taking his cash, too easy for a half smart criminal.
legendary
Activity: 1680
Merit: 1045
August 23, 2014, 04:38:10 AM
#34
Why is everyone suggesting taking btc on entering the cab? No one is going to try and double spend. It's not going to happen. It's nowhere near likely enough to taint bitcoin's reputation with paranoid merchants. Merchants will and do use bitcoin because it's FAR more reliable that credit card/cash.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
August 22, 2014, 10:38:02 AM
#33
Use barcode  Cheesy
And give step to send BTC

Maybe bitpay / coinkite can help you friends  Smiley

Tell him to take payment when passenger enters the cab, to get enough time for confirmation. QR code printed on a piece of paper will work well..

It's good idea to send BTC when enters the cab.

full member
Activity: 122
Merit: 100
August 22, 2014, 09:39:40 AM
#32
I think he can open a website for his taxi schedule and take his payment online.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
August 22, 2014, 06:15:04 AM
#31
@bitcoinbadger pfft I don't think he should worry about double spends. You'd be more productive making your client come with you to a bank while you verify if the cash they give you isn't faked. This would be a more likely scenario too, but how many people do this? Like here in the UK I think it's between 1%-3% of £1 coins that are fake. But everyone just assumes the money they receive is legit.

Thank you Sherena. What software is that? Myceluim? Can you get that on phones?

Yep, thats Mycelium I use it on Android [1] not sure if there is an iPhone/iPad/iEtc version.


[1] https://play.google.com/store/apps/details?id=com.mycelium.wallet
legendary
Activity: 1680
Merit: 1045
August 22, 2014, 06:08:13 AM
#30
@bitcoinbadger pfft I don't think he should worry about double spends. You'd be more productive making your client come with you to a bank while you verify if the cash they give you isn't faked. This would be a more likely scenario too, but how many people do this? Like here in the UK I think it's between 1%-3% of £1 coins that are fake. But everyone just assumes the money they receive is legit.

Thank you Sherena. What software is that? Myceluim? Can you get that on phones?
newbie
Activity: 2
Merit: 0
August 22, 2014, 05:07:47 AM
#29
That’s a great idea, it is too easy to stop any robbery, this is an amazing ideas – I have watched this for first time.  Grin
member
Activity: 111
Merit: 10
August 22, 2014, 04:15:42 AM
#28
Tell him to take payment when passenger enters the cab, to get enough time for confirmation. QR code printed on a piece of paper will work well..
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
August 22, 2014, 03:44:03 AM
#27
Ok I have no experience with the android wallet. Is it possible for him to have a watch only address within an app that can also generate QR codes with a set fee already? If this is so, I would just generate the private key offline and make sure he keeps it safe. People are much better at physical security than digital security.

Too many people that I know, and have recommended bitcoin to have had theirs stolen or lost due to forgetting passwords, losing backups etc.

The way it works is that you "add" an address to your addresses/keys. You can do this by just scanning the QR code e.g. bitcoin-core gives you. Mycelium sees an address and warns you that it does not know the private key. When you request payment for this address you get another warning that the private key is not know (this is actually visible to the customer when scanning the QR code - which is important IMHO). On the same screen (depends on the screensize ofc) you can also set an amount in either fiat (supports so many FIAT currencies it feels like all of them) or btc. If you set it in fiat it will be automatically converted to BTC.

Test is in german, which ofc can be changed Smiley




Thanks for the tips everyone. So far the android blockchain merchant app seems like the best bet.

I think it is a good way of generating more business for sure, though he doesn't seem to struggle to get clients. He just wants bitcoin Tongue (don't we all!).

I dont know this app, so I can not and did recommend it. Its probably wise to make some testdrives with your friend and test several options before you make final decision.
newbie
Activity: 28
Merit: 0
August 21, 2014, 11:41:46 PM
#26
You can use a paper wallet address. For that it's best if you can place a QR code near your cash register to which the customers can scan with their phone and pay. For a more convenient solution you can use a dedicated app or web app that generates a QR code on the fly including the amount..
newbie
Activity: 31
Merit: 0
August 21, 2014, 11:39:46 PM
#25
What country is he in? If people started to pay with BTC for taxi I would start being a taxi driver today.
legendary
Activity: 1680
Merit: 1045
August 21, 2014, 10:27:37 PM
#24
Thanks for the tips everyone. So far the android blockchain merchant app seems like the best bet.

I think it is a good way of generating more business for sure, though he doesn't seem to struggle to get clients. He just wants bitcoin Tongue (don't we all!).
newbie
Activity: 17
Merit: 0
August 21, 2014, 08:01:24 PM
#23
He's a taxi driver and wants to accept bitcoin as payment.

What's his best option? He has an android phone, I was also thinking I could make him a paper wallet and have the QR code on his phone that people could make payments to, this being more secure.

What do you all advise?

Thanks,

Sp00d3r

Hey spoderman buddy sounds a good idea hope it works out Smiley

Warren
legendary
Activity: 3038
Merit: 1032
RIP Mommy
August 21, 2014, 07:11:20 PM
#22
Android phones can use the coinbase merchant app, it will let you request the exact price with QR and will notify you once the payment is sent.

https://play.google.com/store/apps/details?id=info.blockchain.merchant&hl=en

Put in your bitcoin address that you generated at home, no private key on your device to be robbed from.
member
Activity: 83
Merit: 10
Your average Bitcoin/Ethereum enthusiast
August 21, 2014, 07:03:19 PM
#21
Android phones can use the coinbase merchant app, it will let you request the exact price with QR and will notify you once the payment is sent.
legendary
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
August 21, 2014, 06:49:38 PM
#20
Thats a pretty cool idea.
What country is he in ??

Guessing its not Australia as the taxi gov place would probs rape you if you tried to accept anything other than AUD Sad

Just advertising here could potentially generate him a fair bit of work.
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