Do you know the adage: Show them the money!
When a customer pays using his/her Visa/Mastercard at a point of sale, the merchant is charged between 0.5% to 3% per transaction. It can even turn to be a loss for the small amount, (that's why the POS have a minimum payment like 10$/Tx). If you have an average of 1.75% per transaction this can represent a large amount of money on a company's income.
What about if a shop could increase its income by 2% per year just by using another payment means (it doesn't have to remove all others). And/or why not reducing the prices, or create jobs?
Topic: How do we incentivize small and medium companies to accept and use Bitcoin? - page 2. (Read 331 times)
November 16, 2018, 04:41:27 AM
November 16, 2018, 04:38:58 AM
Push its usefulness and the demand for it, these companies will answer to what their customers demand. If we as their customers push for payments to be accepted in bitcoin then with time they will adapt to that.
November 16, 2018, 04:33:55 AM
Wait for a second layer or sidechain that works with bitcoin to do payments with it.
Bitcoin is a store of value that puts security before speed. That isn't changing ever.
There are second and third layer solutions being worked on (many are aware of Litecoin) that are "planned" to be used to solve the payment issue.
The altcoin/sidechain will send the payment immediately and reconcile the users bitcoin later... allowing for the security of bitcoin and the scaling of payments without screwing up bitcoin.
Bitcoin is a store of value that puts security before speed. That isn't changing ever.
There are second and third layer solutions being worked on (many are aware of Litecoin) that are "planned" to be used to solve the payment issue.
The altcoin/sidechain will send the payment immediately and reconcile the users bitcoin later... allowing for the security of bitcoin and the scaling of payments without screwing up bitcoin.
November 16, 2018, 04:27:54 AM
There must be a reasonable way to promote it's use.
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