Supermarket Accept Bitcoin - page 30.

boyptc

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Quote from: LoyceV on October 20, 2017, 04:42:51 AM

According to Arnhem Bitcoin City, the supermarket Spar Arnhem Centraal accepts Bitcoin.

The total number of transactions in the entire city of Arnhem is quite low though, on average approximately 1 transaction per merchant per month.

I can't understand the spararn wordpress website but if that's for real that they are now accepting bitcoin. It's a good initiative for the retail industry, no way to see a supermarket here that accepts bitcoin near my place but if there will be a big retailing company that will encourage every supermarket to this thing it's going to be one of the best way to spend my bitcoin for groceries.

KroFly

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This is great news. If bitcoin accept large supermarkets and trading floors, then a lot of people will know about it. And if the popularity of bitcoin grows, its price will also grow

Biggapp

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Quote from: LoyceV on October 20, 2017, 04:42:51 AM

According to Arnhem Bitcoin City, the supermarket Spar Arnhem Centraal accepts Bitcoin.

The total number of transactions in the entire city of Arnhem is quite low though, on average approximately 1 transaction per merchant per month.

This is really good that the supermarket are accepting the bitcoin and it is very easy to hold the bitcoin for source of the money I am using the bitcoin and the price of the bitcoin will be more than double, I am holding the bitcoin because it is going to give me the profit and I will be able to be the bitcoin user I love to buy the bitcoin income I kn0ow some super markets that is accepting the bitcoin.

kpcian

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So far I know, there is no supermarket that accepts Bitcoin around me, I have experienced a lot of online platforms that have accepted Bitcoin as a payment tool. but the time has been changed, day by day Bitcoin is getting accepted in many renowned online platforms.
people also becoming familiar with Bitcoin day by day. Since there are some backwards of Bitcoin so that still Bitcoin is not available the across the world. I believe that when Bitcoin will be decentralized then supermarket and other online platforms will accept Bitcoin.

nichol@s12josE

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Quote from: STEVEN 777 on October 15, 2017, 07:44:07 AM

Is there any Supermarket or Moles Accept Bitcoin near you ?

no most of the supermarkets does not accepting bit coins. in clothing electronics and big shopping malls accepting bit coin but supermarket does not accepting. in the all over country i don't no but in my country not accepting just i'm transferring my debit card for my stuff and normal things.

Kevin77

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Quote from: justspare on October 19, 2017, 02:32:57 AM

Quote from: tweetbit on October 18, 2017, 04:59:08 AM

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.

It is a good sign for bitcoin prevailing in the world. when all the restaurants, shops, markets of different things, and the companies start accepting bitcoin then it will take less time for all the people of the world to invest, trade and deal in bitcoin.

All other paper currencies will disappear and all the people will use just one digital currency and that will be only bitcoin, because bitcoin is the mainstream.

It is really going to be a good sign, but as it is, I doubt if going mainstream is even possible. We still have some pretty high tx fees, transaction time is a little too low and etc. However, there are some other cryptos that I feel will be good for usage and that may have to be what we will end up having eventually.

Hardly will you really see people making use of paper currencies these days with the cashless age, so the use of bitcoin or crypto will even make it more extinct.

Samarkand

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In Germany you can buy food using Bitcoin from the EDEKA online store:
https://www.edeka-lebensmittel.de/

Like most other merchants they obviously work with BitPay. Usually it works pretty great,
unless the network is really congested due to a spamattack. Then the recommended fees get
really out of line and make this a rather uninteresting payment option.

BlackPanda

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Quote from: passwordnow on October 21, 2017, 01:39:49 AM

Quote from: 1Referee on October 16, 2017, 03:36:45 PM

Quote from: passwordnow on October 16, 2017, 08:16:46 AM

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor. Do you think they will care for saving their customers for fees?

It's not about the customers to save on fees, I am talking about merchants having to pay the fees of up to 3% per transaction. Imagine how that is if you as super market have a turnover of $100 million annually, where that number is far higher for the larger super markets. It means that you just 'burn' 3% of your sales, while with Bitcoin, this could be done with just 1%, which saves them a minimum of $2 million each year as per this example. If you want to give people more incentive to make use of Bitcoin, you could even offer them a discount of like 0.5% of their entire purschasing amount. It would then lift the total fee per transaction to 1.5%, but is still far lower than when people end up using their credit cards.

The merchants doesn't have to pay for the fees, they are the one that supplies goods to the supermarkets so I don't know on where you are getting those numbers. Merchants will just simply display their goods on the supermarkets and the management itself will do the thing for them so they'll just receive payments from the customers. It's just actually receiving for them while supplying their goods to their desire respective or supermarkets.

Yes suppliers do not need to pay, it is not an obligation for them. the division of payments such as taxes and other fees is actually the duty of the supermarket and also the buyer. we often see that there are supermarkets that apply a 10% tax on their customers. Bitcoin will not change the system, the system will remain the same and the difference is the way consumer payments to supermarkets. do not ever make this difficult, we speak simple things and suppose bitcoin is the easiest way and the fact that it is true.

passwordnow

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Quote from: 1Referee on October 16, 2017, 03:36:45 PM

Quote from: passwordnow on October 16, 2017, 08:16:46 AM

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor. Do you think they will care for saving their customers for fees?

It's not about the customers to save on fees, I am talking about merchants having to pay the fees of up to 3% per transaction. Imagine how that is if you as super market have a turnover of $100 million annually, where that number is far higher for the larger super markets. It means that you just 'burn' 3% of your sales, while with Bitcoin, this could be done with just 1%, which saves them a minimum of $2 million each year as per this example. If you want to give people more incentive to make use of Bitcoin, you could even offer them a discount of like 0.5% of their entire purschasing amount. It would then lift the total fee per transaction to 1.5%, but is still far lower than when people end up using their credit cards.

The merchants doesn't have to pay for the fees, they are the one that supplies goods to the supermarkets so I don't know on where you are getting those numbers. Merchants will just simply display their goods on the supermarkets and the management itself will do the thing for them so they'll just receive payments from the customers. It's just actually receiving for them while supplying their goods to their desire respective or supermarkets.

Ahmed28

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No there is no such supermarket near me or in my country and i didn't hear about any kind of supermarket around the world that accpte Bitcoin as payment method .

mrcash02

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Quote from: upsidedown75 on October 20, 2017, 03:18:46 PM

Quote from: tweetbit on October 18, 2017, 04:59:08 AM

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.

I do not see how all the things you have mentioned should be a problem. Legality is only going to be a problem if it has been declared illegal in your country and as long as your government hasn't that is just a piece of cake. Taxation also depends on you and how you want to go about it.

I understand that some government has introduced taxes and that will affect you when converting to fiats, but if that is not the case, then you can deem it fit to pay tax if you like. Afterall, taxes are charged on the product profit anyways.

If a big supermarket network start accepting Bitcoin on a country where it's not regulated, the government will start having interest about Bitcoins and will want to know more about it, so it can be a reason to regulate Bitcoin: Because some big businesses are using it and probably not paying taxes they should when using fiat.

It makes me think, what is better: To continue with low adoption, but unregulated, without calling much attention or to have high adoption, but with the government intervention...

The government already charges taxes over each product, it's true, but they want even more.

upsidedown75

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Quote from: tweetbit on October 18, 2017, 04:59:08 AM

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.

I do not see how all the things you have mentioned should be a problem. Legality is only going to be a problem if it has been declared illegal in your country and as long as your government hasn't that is just a piece of cake. Taxation also depends on you and how you want to go about it.

I understand that some government has introduced taxes and that will affect you when converting to fiats, but if that is not the case, then you can deem it fit to pay tax if you like. Afterall, taxes are charged on the product profit anyways.

joromz1226

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Quote from: STEVEN 777 on October 15, 2017, 07:44:07 AM

Is there any Supermarket or Moles Accept Bitcoin near you ?

So far in my country I don't see any market here that accepting bitcoin as payment. Only few restaurants and coffee shop are bitcoin accepted like Startbucks and bar and restaurants too.

kodtycoon

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Quote from: STEVEN 777 on October 15, 2017, 07:44:07 AM

Is there any Supermarket or Moles Accept Bitcoin near you ?

In my country for now there is no supermarket or seller who received bitcoin as a means of payment, because in my country bitcoin is still not legalized, maybe because bitcoin in my country has not been used globally.

LoyceV

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According to Arnhem Bitcoin City, the supermarket Spar Arnhem Centraal accepts Bitcoin.

The total number of transactions in the entire city of Arnhem is quite low though, on average approximately 1 transaction per merchant per month.

abstractednerve

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There are no supermarket shops or any other place that accepts bitcoin as a mode of payment at a moment but awareness level of people about bitcoins is getting higher and higher and many more people are willing to invest money in bitcoins but to use bitcoins for making payments at offline places will surely gonna take very long time in my opinion.

kryptopath

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Just letting you know right now, I'm kinda weird.

A coffee shop near me used to but they stopped because the transaction fees are too high and It just didn't make sense Sad

eagleman

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Quote from: Jovovich on October 17, 2017, 06:23:49 AM

Quote from: eagleman on October 17, 2017, 04:50:24 AM

Quote from: ALT67890 on October 16, 2017, 09:10:24 PM

Even we have huge numbers of Bitcoin users in my country without proper legalisation by our government, supermarkets and malls will have no interest on it but for sure they’re thinking about this for sometime. 2018 is a another year to be hopeful for this things.

The same situation on where I'm living right now. I have a guess that there are thousands of users(100k I think) but still there is no proper adoption and still only few establishments are adopting bitcoin for their payment methods. I can even count them with my two hands so they are literally few for my country with a lot of bitcoin users. Popularity of bitcoin is there as an investment but the adoption is still lacking of the real market here. Craving to see that the supermarket near my home will adopt it soon.

Because it would be deemed illegal if ever those certified markets are dealing with bitcoin. Technically bitcoin is not illegal but also it hold no title to the government and it is not taxable. So even if a market would have the initiative to innovate bitcoin in their payment, they might actually be breaking some rules or policies on their payment. And it's a hustle if ever because you to log in many things and what if their are many costumers. It will just take time.

It's not that illegal here in my country as there is a support from the government but what's lack of is the help coming from them. They are not endorsing it to the people because it's decentralized though they are treating it as something that will not ruin the banking system or will affect the taxation. And these companies like supermarkets really doesn't know that there is a cryptocurrency named bitcoin that is existing.

goaldigger

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Hmm. I dont heard about supermarkets accepting bitcoin. As far as i know, there is a restaurant that accept this kind of medium of exchange, but if thats the case, im sure someone on this thread will notify you if that will happen.

Anwar22

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Quote from: STEVEN 777 on October 15, 2017, 07:44:07 AM

Is there any Supermarket or Moles Accept Bitcoin near you ?

In my country i don't have see any supermarket or moles they accept bitcoin. But i see that more and more people are interested to bitcoin in my country. So i think that in the next some years we can see supermarket or moles that can accept bitcoin.

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