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Topic: I now accept bitcoin payments in my Beauty shop - page 6. (Read 1140 times)

hero member
Activity: 994
Merit: 1089
With time, they will come around it and may likely embrace the option more than fiat.
I don't believe so, BTC payment option is more of a second choice, i don't think there is anywhere that BTC payment would be embraced more than fiat. The expectation in my humble opinion shouldn't be for BTC to be the first choice, but for BTC to be a second choice option globally, i think that is the way to go for mass adoption.
However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff.
One has to first be a bitcoiner before they can spend BTC, but they do not technically have to be holders, as long as they use BTC for any other purpose, even if it is trading, then can surely spend any amount out of what they have to pay for stuffs, it is a matter of choice.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
This is a good start.

There are some points that I would like to draw OP's attention to.

Make/order a beautiful frame for the text "Bitcoin is accepted here" with an attractive design and appearance and hang it on the wall in a conspicuous place so that buyers of your services can see it in front of them at the time of payment.

Create (or use ready-made) guides explaining what bitcoin is, how to use it and make transactions. Order from the nearest printing house and distribute to your customers so that they learn how to use btc at least at the initial level. Why else would they need a discount for btc they can't take advantage of. The next time your clients come to you to be prettier, they will already be prepared to pay for the services with bitcoin.

I wish you success in your beauty shop.
hero member
Activity: 2366
Merit: 838
With daily transaction? and with volatility being present? I doubt. Ofcourse there would be more people to choose fiat especially those who are just not into investments and online payments. There's more of a tendency that these two would coexist with one another as alternative mode of payments. Using Bitcoin on a daily basis like with purchasing market goods will just make it more complicated. I guess it would be more of a better option if the transaction is something "special" or is needing to avoid taxes from the government. Indeed every transaction has taxes, but imagine buying an onion with BTC than with fiat. But services as such with what OP is offering, I guess is different and would be a better thing to use crypto as mode of payment.
Bitcoin adoption must be done from two sides. Buyers and sellers are two sides of Bitcoin adoption.

If you are using a service, you are a buyer and the seller must accept your bitcoins. Seller also must accept risk of having bitcoins in their balance. The best is a seller must consider bitcoin received from buyers as investment for their business. It is not problem now because not all buyers will use bitcoins as their payment method so a part of bitcoin in a business balance sheet is small and less risky.

In future, if bitcoin adoption is bigger, buyers use bitcoins for payments more regularly and bitcoins become bigger in a business balance sheet, risk can be higher. Fortunately, in future I believe that Bitcoin volatility would be smaller and it makes risk for sellers smaller too.
legendary
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Leading Crypto Sports Betting & Casino Platform
The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation.
With time, they will come around it and may likely embrace the option more than fiat. The concept behind the workings of Bitcoin is one enough to fascinate anyone. However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff. I say this because of the volatility of Bitcoin and how $50 could easily become $20 within hours.
With daily transaction? and with volatility being present? I doubt. Ofcourse there would be more people to choose fiat especially those who are just not into investments and online payments. There's more of a tendency that these two would coexist with one another as alternative mode of payments. Using Bitcoin on a daily basis like with purchasing market goods will just make it more complicated. I guess it would be more of a better option if the transaction is something "special" or is needing to avoid taxes from the government. Indeed every transaction has taxes, but imagine buying an onion with BTC than with fiat. But services as such with what OP is offering, I guess is different and would be a better thing to use crypto as mode of payment.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation.
With time, they will come around it and may likely embrace the option more than fiat. The concept behind the workings of Bitcoin is one enough to fascinate anyone. However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff. I say this because of the volatility of Bitcoin and how $50 could easily become $20 within hours.
hero member
Activity: 994
Merit: 1089
We BTC users want merchants in our locality to start accepting BTC payment, while we forget that so many of us in this commuinity are merchants ourselves, so i believe if you are a merchant here, and if BTC is legal in your country and you would not get into any trouble with your government or police, then you should consider accepting BTC in your business. It is easier if one is already a bitcoiner, you would know the best way to accept your money and how to educate your customers.

Despite the fact that your customers are predominantly female, and like you said BTC knowledge is not common amongst them, it might get some of them interested and learn about BTC from here; and from what i know women like going to the beauty and cosmetic shop with their lovers, and we know who usually pays Roll Eyes, so male Bitcoiners might use the option of BTC to pay for their partners in your shop. Good Luck.
legendary
Activity: 1456
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Top-tier crypto casino and sportsbook
I have been motivated by every person here who has in one way or another promoted bitcoin in their locality. This year, there’s been more bitcointalk members teaching bitcoin outside the forum and accepting bitcoin payment in their businesses. I’m happy I am ending the year trying something new and unique in my business.
A good way to end the year, and to kick off next year. I am really proud of the number of persons from this forum who have adopted and implemented payment in bitcoins into their business. More persons will follow this track by next year. You are a quality member of this forum @OP, I am confident in your ability to be able to manage this new development. I am sure that other forum members like myself will be interested to read about the outcome of this new inclusion in some months and how it is has affected your business, plus the challenges you will handle.

Best of luck!
hero member
Activity: 966
Merit: 701
Leading Crypto Sports Betting & Casino Platform
I have been motivated by every person here who has in one way or another promoted bitcoin in their locality. This year, there’s been more bitcointalk members teaching bitcoin outside the forum and accepting bitcoin payment in their businesses. I’m happy I am ending the year trying something new and unique in my business.




We are a beauty, cosmetic and personal care shop ( pedicure and manicure, lashes extension, facials, micro blading) in Nigeria.



To be honest, I was hesitant to do this because I thought it wouldn’t work in my profession. But there’s no downside to trying, so I did. After browsing the internet for a good bitcoin sign, I settle for this one. The sign is on my Secretary/cashier’s desk next to the card that has my bank account details. Placing the two together was deliberate because I put a discount on bitcoin making payments in bitcoin cheaper to attract people. The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation. I placed a 10% discount for those who pay in bitcoin and that I think that move prompt my clients to begin asking how they can do so. I’ve had clients ask me to explain to them how Bitcoin works which I am always glad to do. Even my neighbor is curious and is likely to join the crypto fam soon. Though I haven’t had a bitcoin sales, this new addition to my business has added value and a closeness to my relationship with my clients.
Happy new year guys. See you in 2023
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