I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.
I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.
Topic: The Best Way To Encourage Offline Store To Accept BTC - page 3. (Read 2623 times)
The best way is to have a media covering the Bitcoin everytime so that the influence will spread rapidly . Bitcoin will never win on a Debit/Credit card at this moment but I'm hoping that the time will come that people around the world use Bitcoin .
And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
Bitcoin is not to be used in that way.
Bitcoin is not to be used in that way.
I wonder so. probably it's not good idea to use bitcoin payment on a restaurant because of the long time we need to wait before the transaction is confirmed.
I prefer to offer bitcoin this way to offline shop that sells stuff except food and drink, maybe book store, clothes store, shoes store or kind of thing.
And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
Bitcoin is not to be used in that way.
Bitcoin is not to be used in that way.
I wonder so. probably it's not good idea to use bitcoin payment on a restaurant because of the long time we need to wait before the transaction is confirmed.
I prefer to offer bitcoin this way to offline shop that sells stuff except food and drink, maybe book store, clothes store, shoes store or kind of thing.
I've seen in many stores, described as we accept credit/debit card. Same manner as an additional payment gateway it can be described bitcoins are accepted. Though you don't get big profit or large number of users in the beginning, when years pass situations gets changed.
Bitcoin credit/debit card is possible but that is if more and more people get to learn about bitcoin in such town. Maybe if the btc debit card provider massively advertised their services and people respond to it. problem with such is the anonymity.
And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
Bitcoin is not to be used in that way.
Very good point, and I have never viewed bitcoin as a currency to buy day-to-day things. I don't get how folks insist that it be used in restaurants and grocery stores and etc. It's digital gold. Digital silver. It's a store of value to be held onto and bartered with occasionally, like on bitcointalk. Does anyone else think that? Bitcoin is not to be used in that way.
There are still so many challenges to adapt bitcoin, the first one is the speed transaction, time is a very important things for some people, if i want to purchase 1 things and i need to wait for 3 hours to finish the transaction for sure i won't use it
The second is the exchange rate the price of bitcoin is not the same for all time, the store will need extra strength to calculate and convert the price
So i think there is still so many things that need to develop before adapting bitcoin in large scale
The second is the exchange rate the price of bitcoin is not the same for all time, the store will need extra strength to calculate and convert the price
So i think there is still so many things that need to develop before adapting bitcoin in large scale
I've seen in many stores, described as we accept credit/debit card. Same manner as an additional payment gateway it can be described bitcoins are accepted. Though you don't get big profit or large number of users in the beginning, when years pass situations gets changed.
When buying at the till i would ask if they accept bitcoin if they say no then i usually dont bother explaining but if they ask what is that i tell thell the benefits to there business.
I not sure they will believing about your saying because there are other people is giving different opinions with you and maybe it's just you as a customer is saying about bitcoin and they're not finding another people like you is saying or needs bitcoin payment.
I don't think that's smart. I tried to use BTC to pay my Hungarian dentist earlier this year (even made a topic about it), but when she told me she didn't know what BTC was, I quickly understood I would have enough time to explain, then convince her about BTC. So you must make sure before you begin, that the person you're talking to is BTC aware. You may also note that in many countries, BTC isn't legal tender, meaning that you will not be able to get a receipt, which is no big deal for the customer, but more trouble for the shopkeeper because he/she won't be able to enter the transaction in his books. That may eventually be appreciated, but frankly, it's not worth it. I don't think I'll ever pay with BTC at a restaurant, and I'm not even sure I want it. Cash remains the best option for small face2face purchases.
...The problem BitPay had in the past was people canceling their accounts and dropping Bitcoin after the introductory period expired.
I think they've changed it to 30 tx/month (max $1000/day) for free (Starter plan), I see no info on this being for limited period https://bitpay.com/pricing
i have done this a few times and had various success and failures.
here is some advice.
1. ensure you are living in an area where there are many bitcoiners
...
here is some advice.
1. ensure you are living in an area where there are many bitcoiners
...
^ and that's the problem right there. There probably are few places where there's enough active bitcoiners able to create enough demand. That's why many of the businesses on bitcoin directories started to accept BTC (or even lie about accepting BTC) just as a cheap marketing stunt.
The best way to encourage offline stores to accept bitcoin, in my opinion, is to show them how it can benefit them and what they can do with it. You need to eduicate these people so they know this is nothing to be scae
I think its hard to encourage them because bitcoin is not legal in every each country.. but if they can be start a business in online you can encourage them to accept bitcoin too here in my country because anytime we can easily convert bitcoin into our fiat.. If they can make a benefits or profit with their business with bitcoin and they are seeing always that the price of bitcoin is always increase instead of decreasing i think they can easily accept bitcoin as payment..
And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
totally agree with this, if i was a merchant offering a service or good. i wouldnt want to wait hours to be receive i receive the money. although the transaction is instant. the customer could alwys double spend putting me at risk. 
The best way to encourage offline stores to accept bitcoin, in my opinion, is to show them how it can benefit them and what they can do with it. You need to eduicate these people so they know this is nothing to be scae
The best way was already discovered by BitPay years ago.
Immediately convert all Bitcoin purchases to fiat through an app given to the proprietor and pay them before even one confirmation. You also need to do it without charging them any fee or a promise of no fee for an introductory period of like a year. The problem BitPay had in the past was people canceling their accounts and dropping Bitcoin after the introductory period expired.
Immediately convert all Bitcoin purchases to fiat through an app given to the proprietor and pay them before even one confirmation. You also need to do it without charging them any fee or a promise of no fee for an introductory period of like a year. The problem BitPay had in the past was people canceling their accounts and dropping Bitcoin after the introductory period expired.
...
There's no harm trying to explain the stores about the use of bitcoins. Many stores already are tired of paying taxes and I've also seen medical stores escaping to print bills as they need to pay tax. If they get to know about bitcoins, they would at least give it a thought. By not trying, they would too not be aware of this currency.
There's no harm trying to explain the stores about the use of bitcoins. Many stores already are tired of paying taxes and I've also seen medical stores escaping to print bills as they need to pay tax. If they get to know about bitcoins, they would at least give it a thought. By not trying, they would too not be aware of this currency.
Wow, that's a smooth shift from bitcoin acceptance to tax evasion. Anyhow, cash is always better for such purpose than bitcoin (for physical store at least) as it leaves no trace, especially when merchant is using 3rd party payment processor (i.e. BitPay).
And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
Bitcoin is not to be used in that way.
Bitcoin is not to be used in that way.
Just ask the stores to accept zero confirmation and use 3rd party services such as BitPay if necessary.
Or wait till bitcoin network ready to handle more transaction before we encourage more shops to accept bitcoin.
I'm glad you've made an effort to determine a way to encourage store managers to adopt Bitcoin by informing them about promoting their products on this forum, but this isn't as easy to be done as said. Earlier I too had this urge to get people involved in Bitcoins, move away from credit card accepting POC's by letting people who would like to pay in Bitcoins pay via the Bitcoin POC or a wallet. But, considering the payment times and the delay in blockchain confirmation, you'd have to ask the store owner to use some other offchain services to handle the payments. It's going to be a time taking process, cause I'd first have to explain what Bitcoins are to the ones not aware of it, and then gain their assurance as to how it'd benefit them over normal payment channels.
The part of lossing 35-45% of potential client will be caught as lie easily buy the management. For offline store or online store the main thing needed for them to start accepting bitcoin payments is the local bitcoin exchanger in their country from where they can directly convert bitcoin into equal or even more value in the fiat to their bank.
Bitpay have already started expanding their supported country and making easy for local merchants to accept bitcoin in those countries. So if they can directly convert those bitcoin from clients to their bank than those merchants will be happy to offer bitcoin payments for their techy clients.
Bitpay have already started expanding their supported country and making easy for local merchants to accept bitcoin in those countries. So if they can directly convert those bitcoin from clients to their bank than those merchants will be happy to offer bitcoin payments for their techy clients.
i think it depend on the store manager or the owner of the store that what kind of mentality he has. if he is educated and know something about computer and internet the it is so easy to encourage him and hope that he will understand you easily. but he he is not educated and having no knowledge about computer and internet then it will take most of your time and my be in-vain..
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