Who has entered a shop (non-BTC accepting) and asked if they will accept Crypto?

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legendary

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Quote from: DevilSlayer on December 02, 2019, 09:04:48 AM

My friend has a business stall in a popular commercial building in my community. I influence him to use bitcoin and now he is accepting it as a mode of payment. His customers are amazing and have good feedback to his business because there are only few merchants who are accepting bitcoins.

That's actually pretty cool. Is he accepting Bitcoin directly or through a payment processor? In case he is accepting payments directly, does he accept the transactions without confirmations? When it comes to low value items the risk is pretty low, but that risk exponentially increases when the value of the items increases.

I'm curious to find out because it's kinda hard to think of people willing to wait for that one confirmation to come through to walk away with their item.

paco33d2

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target

legendary

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Has it happened that they in the end accept BTC because you have introduced them to BTC after asking them about accepting crypto?

I'm curious what you did say in case I will also be doing this. I haven't asked a store where I have been. There is store in a town having a BTC logo with them but weren't actually accepting which is weird. The people there doesn't even knew what BTC is.

dmamigo

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I did once to check the scenario regarding crypto knowledge. We few friends went to a restaurant which accepted all kind of online/digital payment methods. But there was no sign of crypto, I thought the owner must know about digital payments noticing his option of payments, so I went ahead and asked the guy.

To my surprise and happiness, the guy did had well knowledge about cryptos. The only thing that is stopping him from accepting them is the time to get the transaction confirmed, the fluctuation and very few users for this payment method.

He also told me, he has his own investment over the market. But he is unable to accept cryptos as of now. Hope the day will come soon.

sashapan

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And I wrote in my store that payment in bitcoins is a priority, many say that they heard, but do not know how to use it. they say on this forum: “Come out, this is not a place to trade) I have a different question for everyone - When will Bitcoin become a popular means of payment?

Eclipse26

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bullsvsbears.io

You gave me an idea what to do... But the only problem I have is that I am shy to ask that question in the counter. Not because I am shy about Bitcoin, but because I am normally shy even ordering at unfamiliar shops. So it's a challenge for me to do it. Though it's already a challenge to find a shop that actually accept crypto for payments. In my country, it is not restricted but it's still not popular.

Wysi

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Mine was a terrible experience when I thought of experimenting I just asked if they accept crypto and the people around there turned towards me as If I have committed some crime wherein some of them said it's illegal and some were curious to know about it but the shop keeper had no idea about it.

gabbie2010

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Vave.com - Crypto Casino

I indeed entered a shop and ask jokingly whether bitcoin is accepted as a means of payment the response was no that they (shop owner) don't know much about bitcoin in fact they don't have knowledge of any of the digital payment currencies like paypal, skrill, webmoney etc this is indeed very disappointing that in this digital or jet age some shop owners wouldn't want to upgrade to the latest means of payment well I am very optimistic that with wider orientation and research more people would be engaged in bitcoin related stuffs.

topbitcoin

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Only tried it once, before there are regulation in my country where only fiat that can be used as payment. But no one know what is bitcoin. In past, i can ask for it but now maybe i wouldn't waste my time to ask it because even in online shop, their own currency can't be used anymore. So, bitcoin can't be too in real shop in my country.

stiffbud

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Quote from: marcotheminer on November 29, 2019, 07:26:58 AM

I ask at every single store I visit - most people haven't a clue what I'm on about when I ask. Hopefully that encourages them to research later.

Of the people that knew of it - some said it's too low volume (1 in every 500 customers or smth asking to pay with crypto) and others say they would rather refer them to an ATM (or install one depending on how big demand is) and have them come back with cash.

I have also asked the shop owners about them accepting bitcoins or crypto payments but only a few of them know about it and others don't even know what it is. The owners are interested in more institutional payment methods like PayPal or credit and debit cards as they are convenient to use for them and are Hassel free as compared to bitcoin payments.

Beparanf

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Quote from: DevilSlayer on December 02, 2019, 09:04:48 AM

My friend has a business stall in a popular commercial building in my community. I influence him to use bitcoin and now he is accepting it as a mode of payment. His customers are amazing and have good feedback to his business because there are only few merchants who are accepting bitcoins.

I also refer accepting BTC in my friends business especially if it's selling items since they have their own store. I sometimes also ask some store that accepts PayPal or Gcash in my area if they also consider accepting BTC apparently all that I ask is not yet interested, definitely in my plan business I will display that we accept crypto payments

lionheart78

legendary

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Quote from: marcotheminer on November 29, 2019, 07:26:58 AM

I ask at every single store I visit - most people haven't a clue what I'm on about when I ask. Hopefully that encourages them to research later.

Of the people that knew of it - some said it's too low volume (1 in every 500 customers or smth asking to pay with crypto) and others say they would rather refer them to an ATM (or install one depending on how big demand is) and have them come back with cash.

Sometime I had a habbit like this, asking a store if they accept cryptocurrency. Majority of them have no idea what cryptocurrency is and we end up chatting about it discussing about the possible positive outcome if they integrate it to their store.

DevilSlayer

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My friend has a business stall in a popular commercial building in my community. I influence him to use bitcoin and now he is accepting it as a mode of payment. His customers are amazing and have good feedback to his business because there are only few merchants who are accepting bitcoins.

Spider A4

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BTC is open secret thing in many countries those are not crypto regulated countries in the modern world. In my country some of the people know about Cryptocurrency and Bitcoin is well known popular currency there. But most of the people don't know about it. They just something heard blessing of television media report.

Baby Dragon

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Quote from: JC btc on December 01, 2019, 12:33:58 PM

Maybe it depends on the location, as I have tried asking people here in Urban areas and there were few of them who knows Bitcoin and cryptocurrency, but they thought it was a big scam, so I just told them to do their research about it, and to keep in touch with me if they do have questions, and for those who are in Rural areas, they don't have any idea at all what really it is.

Actually I have also tried it and it doesn't went well because they said that it is quite impossible since they don't have enough knowledge about it, they are not even familiar with it and it's kind of weird to see that they don't know that there is a digital currency that existed. I've told them hat there will be some advantages on using it and it can be beneficial to them and to their business, I just hope they will realized it's capabilities because it can help them too but i'm not forcing them I just share my own experience and give them short explanation because I also know that it will also be difficult for them since they don't have an idea about how a cryptocurrency works.

HardFacts

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Quote from: marcotheminer on November 29, 2019, 07:26:58 AM

I ask at every single store I visit - most people haven't a clue what I'm on about when I ask. Hopefully that encourages them to research later.

NO SHOP, ZERO, NONE: Price products in Bitcoin. If you find the very rare place that will " accept " your bitcoin, what they have done is facilitate a way for you to convert your bitcoin and pay them in US DOLLARS.

GET REAL... This kind of thinking confirms that some Bitcoin people are so blinded by greed, that they are unable and refuse to see reality. This kind of denial should raise a serious red flag for any intelligent, rational person that is not Blinded by greed.

Hard Facts.

marcotheminer

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┴puoʎǝq ʞool┴

It is difficult to convince them to accept what's effectively a never-seen-before mode of payment (even payment via phone is rare in some locations)..
Nice to see some good replies - and good to know some of us are trying to market this (not just market the spec. aspect mind you!) - I'll be reading through/replying asap

AniviaBtc

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Quote from: ragavancoin on November 29, 2019, 11:15:55 AM

Quote from: kro55 on November 29, 2019, 10:19:55 AM

Quote from: paul00 on November 29, 2019, 08:40:43 AM

In my experience in our country none of them are accepting crypto as payment unless they are already into crypto community and know how to use it. One thing for sure is there will be time that banks will make a crypto atm and use it as debit/credit card to use in shop.

Likewise in my country there aren't many merchants which accept BTC as payment. Main reason is people dont know much about crypto and secondly due to government advisories on cryptocurrency.

Same problem in my country also they don't accept Bitcoin. Government has regularized Bitcoin. In future atleast if they accept Bitcoin it will be great.

I did this three years ago and I got rejected so many times trying to pay them with my bitcoin. As if now, most of the countries don't accept cryptocurrency as a payment because as what you've said l, they aren't knowledgeable enough.

But for me, i think the reason is that they think of something hassle converting those currency in to fiat currency. I also think that they want a direct payment in such that you pay them with their country's own currency. For example, in the Philippines they aren't familiar with that so, if you want to pay in transactions, you should pay them Philippine Peso because that's what they used to do.

dimastegar

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Small Trader

Bitcoin has not been applied as an alternative payment widely, because most people do not know about crypto. Here our role as crypto users is required. We must spread and continue to introduce crypto to the general public, so that they are interested and adopt crypto. Certainly not as easy as imagined, but with hard work, it can be realized.

JC btc

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Maybe it depends on the location, as I have tried asking people here in Urban areas and there were few of them who knows Bitcoin and cryptocurrency, but they thought it was a big scam, so I just told them to do their research about it, and to keep in touch with me if they do have questions, and for those who are in Rural areas, they don't have any idea at all what really it is.

Topic: Who has entered a shop (non-BTC accepting) and asked if they will accept Crypto? (Read 388 times)