Payment method - page 2. | Bitcointalksearch.org

Sethrey

jr. member

Activity: 916

Merit: 1

Quote from: iamverybusyperson on November 23, 2018, 07:13:24 AM

I think everybody in the future, specially small businesses like coffee shop, will accept cryptocurrencies. This is very convenient.

You're right. Even now more and more services accept crypto. Despite a terrible situation on the market.
Those services that have online payments can simply add a wallet address for payments and start earning crypto.

iamverybusyperson

newbie

Activity: 174

Merit: 0

I think everybody in the future, specially small businesses like coffee shop, will accept cryptocurrencies. This is very convenient.

AiBBio

newbie

Activity: 42

Merit: 0

Quote from: Qurelal on November 09, 2018, 04:15:39 AM

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 when your country bans crypto, but many people adopt crypto, I suggest that you have to accept crypto in your business, but not for priority. You must provide a bitcoin address, so they can send you BTC for coffee and food.

estenity

hero member

Activity: 1928

Merit: 538

Quote from: MarkAthur on November 21, 2018, 04:46:37 AM

It is not easy to define and pick the best payment gateway method for online payments. Multiple factors determine what is a good payment gateway like technology, support, fees, etc.

I would suggest https://www.puutwallet.com very secure and safest app

do they have a fiat gateway?

baghdatis1990

member

Activity: 504

Merit: 14

Miracle Tele

I encourage you to implement cryptocurrency as a payment method. It will make you a unique place in your café and attract many customers. You have to implement a payment method by which to use a crypto currency available in your country. I still recommend Bitcoin.

mensahkkofie

jr. member

Activity: 280

Merit: 1

Bitcoin as a mode of payment is far better than most of the payment methods that we have. I believe bitcoin is doing amazing well, I can't wait to see most business ventures around the world adopting the use of bitcoin in their daily transactions.

A7373

member

Activity: 602

Merit: 15

I think that now is not the most convenient moment for launching a similar system in your store. Wait for the course to stabilize.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Bitcoin and cryptocurrency grey area and yet not recognised by most of the countries. However, using it as a payment system is not barred under any law in most of the countries across the globe so I don't think that you will face any litigation. Still, I would recommend you to go with a legal advisor as he will be in a better position to assist you considering the applicable laws including amendments.

MarkAthur

newbie

Activity: 4

Merit: 0

It is not easy to define and pick the best payment gateway method for online payments. Multiple factors determine what is a good payment gateway like technology, support, fees, etc.

I would suggest https://www.puutwallet.com very secure and safest app

nurulbd

newbie

Activity: 315

Merit: 0

It depends completely how to use by Btc . Do you want to hold the crypto? Or do you want something that would be automatically converted into fiat at the point of sale? It is main issue for everyon.
If it's the former, then simply create a separate wallet for your restaurant's payments, just as how you would normally create a personal wallet. If it's the latter, then probably try out BitPay[1]. Currently I think they only support BTC and BCH.

Om.monata

full member

Activity: 936

Merit: 100

Quote from: Qurelal on November 09, 2018, 04:15:39 AM

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?

Your store's crypto payment method is a good thing, but all of that must be based on government decisions. so I think that is something you need to pay attention to before you receive crypto payments.

fosco333

full member

Activity: 1260

Merit: 100

Quote from: Qurelal on November 09, 2018, 04:15:39 AM

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?

It is a good things to have peoples like you who wants to make the other peoples using cryptocurrency as a payment method because it will bring more peoples into cryptocurrency. To adding crypto as your payment method, you need to learn how to make your own cryptocurrency.
Maybe you can choose the ETH network to create your own token, and later you can make your own main net.

BitValve

copper member

Activity: 28

Merit: 0

BitValve P2P Cryptocurrency Exchange

A good one is CoinPayments, which accepts almost all cryptocurrencies and does it very easily for any merchant to use this service. Havent used them as a merchant though.

jaymmagne

full member

Activity: 602

Merit: 104

It's a good plan, but it needs some expert on that to be more integrated with your coffee shop. But i have some idea on methods on paying cryptocurrency. It can be automatically convert to fiat or you can have some wallet to hold it until you decide to sell it.

Naughty Princess

full member

Activity: 952

Merit: 107

Quote from: ?? on ??

I like if bitcoin and crypto could be payment method and have many function for using transaction because by using bitcoin and crypto I think could be more easy to sent and receive money or using transaction payment.

It is good to have this advance technology for payment but more worth it if it is use when the price is high in the market. Crypto is good because it is faster and secure though it is irreversible when you send it on wrong address because it does not need third party to process it. For now, I used to hold than to used it now for payment especially bitcoin.

Prompyboo

sr. member

Activity: 807

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

I would like to advise you not to sell cryptocurrency, which you will get people. If you sell cryptocurrency right away, you will somehow influence the price of bitcoin. That will not be beneficial to you and to people who want to pay with Bitcoin. In order to implement such a system, it is necessary you will pay to for another things by bitcoin ar just hold it

Peashooter

sr. member

Activity: 868

Merit: 257

Quote from: Qurelal on November 09, 2018, 04:15:39 AM

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 its quite good idea if you add cryptocurrency in payment method but I think the government will be against it simply because using cryptocurrency was a tax free so that in every item you will buy there will no tax and I think this situation is the thing that the government want to avoid because they can't make more funds from tax.

V1saya

hero member

Activity: 1050

Merit: 508

More like you will have trouble with authorities if crypto or bitcoin is outlawed. But if your government didn't say it is illegal then maybe that is reasonable enough. Just make sure to pay your taxes accurately.

I actually like the idea of accepting crypto especially bitcoin this time while waiting for the bull run.

bitfocus

member

Activity: 532

Merit: 15

punditX or CoinGate might come handy to your business for the requirements you posted. There are also a few more options, you can get those from gogole and give a try with their trial run offer.

H1N1

full member

Activity: 812

Merit: 100

Quote from: Qurelal on November 09, 2018, 04:15:39 AM

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?

There are 2 options to using cryptocurrency as your payment. Either to use existing coin with high volume and popularity like bitcoin, litecoin, or you can create your own cryptocurrency coin to used as a payment currency. I suggest you use the existing coin first, then if your business going smooth and already gained popularity among peoples, you can create your own coin.

Topic: Payment method - page 2. (Read 1162 times)