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Topic: Payment method (Read 1162 times)

sr. member
Activity: 540
Merit: 250
BestRate.org
March 09, 2019, 04:09:57 AM
Take a look at BestRate.org. You can use your own ETH wallet for payments, it's free for personal use. If you are a shop, you can easily create a hosted page or copy/paste the code to your website or app to start accept crypto as a payment. It's cool to say, that you can set stable coin as a settlement currency, so all crypto coins would be converted to TUSD to avoid volatility.
newbie
Activity: 36
Merit: 0
January 13, 2019, 09:01:48 AM
I think everybody in the future, specially small businesses like coffee shop, will accept cryptocurrencies. This is very convenient. 
maybe in FAR future it would be convenient. Right now some small business entities adopted cryptocurrency payment method, but it seems like "modern feature" and nothing more. Very high tax rates even for small operations like shop-payment
sr. member
Activity: 2422
Merit: 357
December 31, 2018, 10:13:44 AM
I havent even try purchasing goodies using bitcoin thats why i dont know either how to process the papers or purchase the terminal which will be used for the crypto transaction. Try searching on your local business permit department and im sure they are more willing to help you regarding this matter.
sr. member
Activity: 615
Merit: 258
December 31, 2018, 09:06:54 AM
Using cryptocurrency as a payment method in terms of commercial trade transactions can help the whole process more productive and efficient. Its not time consuming therefore it is great thing.
member
Activity: 392
Merit: 10
December 29, 2018, 04:50:04 PM
#99
I think that btc as a payment method is convenient. To my mind, it is better to use crypto than the standard currency because it is much more safe and provide you with many benefits
jr. member
Activity: 57
Merit: 1
December 29, 2018, 02:53:08 PM
#98
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?

I think it will be a nice to add crypto to payment method to your project my question is who did you intend to manage the traffic, because if you want to you bitcoin it will some extra mall is you will have to educate your customers and citizen on how to use bitcoin transaction or have a customer care that will be assisting then.
sr. member
Activity: 1638
Merit: 251
December 27, 2018, 09:37:12 PM
#97
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?


No, cryptocurrency is not on the peak now. But if you want to run your business with crypto, you just can use crypto as your payment method without depends on the price right now. If you using bitcoin as your payment, i think you must wait for lightning network to be completed because when your store is crowd with peoples, they need to wait max 10 minute long to confirm the bitcoin transactions.
sr. member
Activity: 2016
Merit: 268
December 26, 2018, 08:50:21 AM
#96
it's cool even in my country bitcoin hasn't been legalized as a payment tool, my question here is whether your country has legalized bitcoin as a payment tool?

many wallets that support you to use receive payments, I think the same thing that here also recommends Bitpay
full member
Activity: 616
Merit: 100
December 26, 2018, 08:28:01 AM
#95
you can try the bitcoin and other cryptocurerncy as the payment method, there are many library that youc an use to connect the transaction with the cashier programs, and i think it will give the good effect for bitcoin
full member
Activity: 1708
Merit: 105
December 26, 2018, 08:04:51 AM
#94
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?

a progress that you will make I consider you to make changes and the courage to do that, unfortunately I have not understood and want to also learn, hopefully there are colleagues who have done and want to share these experiences.
jr. member
Activity: 334
Merit: 1
December 26, 2018, 07:10:23 AM
#93
Crypto is indeed a very easy and effective transaction tool and this can be useful for any business. So this payment method has more advantages, but not all stores or companies will accept it. Only certain places can accept this payment.
full member
Activity: 1750
Merit: 118
December 26, 2018, 06:14:17 AM
#92
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?

However, there is also risk if you build a fast food chain that accept cryptocurrencies because the price of cryptocurrencis is volatile and unstable so once the price of a cryptocurrencies are down your funds will decrease. As of now there are already fast food chain who accept cryptocurrencies and I think somewhere in the future all fast food chain will accept cryptocurrencies especially bitcoin.

That easy .  what he should do is adjust the price according to the current value of cryptos but this a bit hassel knowing that btc is verry unstable and can fluctuate from time to time .

Quote
Starting up a fast food chain which will accept cryptocurrencies as mode of payment will really help you to gain more funds.

Actually crypto payments are suitable for any business not only for coffee shops or fast food but it is not a way to earn alot of funds because the profit will only depend on your service  .

@op , there are many tutorials online regarding on your concern . or you can also do it manually on your own way . first you need to open a crypto account and get you recieving wallet or qr code ( optional )  . then ,  let your costumer pay with that address  .
full member
Activity: 688
Merit: 106
December 26, 2018, 02:28:34 AM
#91
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?

Starting up a fast food chain which will accept cryptocurrencies as mode of payment will really help you to gain more funds. However, there is also risk if you build a fast food chain that accept cryptocurrencies because the price of cryptocurrencis is volatile and unstable so once the price of a cryptocurrencies are down your funds will decrease. As of now there are already fast food chain who accept cryptocurrencies and I think somewhere in the future all fast food chain will accept cryptocurrencies especially bitcoin.
member
Activity: 742
Merit: 10
December 25, 2018, 10:01:01 AM
#90
You should check first how much you will charge in terms of crypto, because you know that crypto price is not stable or else your prices will be fixed through fiat and then can pay using crypto in the equivalent price
full member
Activity: 484
Merit: 124
December 25, 2018, 12:31:53 AM
#89
Just make sure that your government are not against the crypto so the integration progress will gone smooth.
When crypto getting hype, I'm sure there will be some group of services that able to help you to implement crypto for your transaction device.
jr. member
Activity: 308
Merit: 5
December 24, 2018, 11:33:55 PM
#88
Not at all times your business goes well. There are instances of uncertain things happens in your business. Your proposal was good. I hope your business will bloom in due time. It takes time to make the business fully grown in crypto and fiat means.
newbie
Activity: 19
Merit: 0
December 24, 2018, 11:19:09 PM
#87
I think that can be done if there are many around you who have bitcoin or other cryptocurrency, and you can apply payments using the cryptocurrency method.
newbie
Activity: 7
Merit: 0
December 24, 2018, 06:28:22 PM
#86
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?


Starbucks accepts crypto. That's nothing new about this.
Better think if it's possible to do  in your country according to government regulations.
member
Activity: 616
Merit: 10
December 24, 2018, 03:06:26 PM
#85
Bitcoin is not convenient for me to use as a daily currency, but other altcoins are very convenient.
sr. member
Activity: 1512
Merit: 359
November 25, 2018, 10:32:53 AM
#84
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?

The current payment method is now becoming more faster than before because of the blockchain technology. It is better if you will now start to accept bitcoin as a payment in your small coffee shop for you to earn cryptocurrencies.
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