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Topic: Should Your Business Jump On The Bitcoin Bandwagon? (Read 845 times)

member
Activity: 98
Merit: 10
★☆★Bitin.io★☆★
Yeah there really isn't a downside on this. Lower payment processing costs, no chargebacks or fraud, and this is just for starters. If businesses truly understand it the question of accepting it becomes an obvious choice. 
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I don't think it's as clear cut as a simple yes or no, it would depend on the business  Smiley

What business shouldn't accept bitcoins?  (and why not)

Maybe Western Union, since BTC eats away at all their profits
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
The choice of words is funny. "Bandwagon" I think not. There is no reason NOT to accept BTC if you run a business. It has brought a huge amount of sales to my business All Things Luxury. Now my results, have been greater than normal due to my activity in the community and special events such as Bitcoin Friday, but hey, what risk is there?

This is true. If you have the opportunity to catch additional business by simply adding an additional payment option, there really isn't a reason not to
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I don't think it's as clear cut as a simple yes or no, it would depend on the business  Smiley

What business shouldn't accept bitcoins?  (and why not)
full member
Activity: 154
Merit: 100
I don't think it's as clear cut as a simple yes or no, it would depend on the business  Smiley
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
The choice of words is funny. "Bandwagon" I think not. There is no reason NOT to accept BTC if you run a business. It has brought a huge amount of sales to my business All Things Luxury. Now my results, have been greater than normal due to my activity in the community and special events such as Bitcoin Friday, but hey, what risk is there?

exactly...no risk, no set up fee... you only gain.
legendary
Activity: 1540
Merit: 1029
The choice of words is funny. "Bandwagon" I think not. There is no reason NOT to accept BTC if you run a business. It has brought a huge amount of sales to my business All Things Luxury. Now my results, have been greater than normal due to my activity in the community and special events such as Bitcoin Friday, but hey, what risk is there?
full member
Activity: 126
Merit: 100
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