I read somewhere the benefit of accepting bitcoin for a merchant is as below
"Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it."
Can someone please elaborate on how this works. Right now, lets say i have my bank who provides the card processing service will settle my transactions to my bank account periodically.
In that context, how does the above benefit apply?
I think it would still depends if what is actually the price or present price of bitcoin but you can try to use bitpay instead they are giving you a bitpay card where you can withdraw your bitcoin directly into fiat.. if you are planning to become a merchant selling something online bitpay is the best for business and you can check the rate of bitpay here https://bitpay.com/bitcoin-exchange-rates "Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it."
Can someone please elaborate on how this works. Right now, lets say i have my bank who provides the card processing service will settle my transactions to my bank account periodically.
In that context, how does the above benefit apply?