Get started with bitcoin payments. Accept bitcoin, store and spend bitcoin securely.
Accept bitcoin payments for your business. Use retail, ecommerce, billing, and donation tools to accept payments from customers anywhere on earth.
Receive settlement for bitcoin payments directly to your bank account in your own currency, with zero price volatility or risk.
Bitpay still allows businesses to accept payments while receiving fiat. Users of bitcoin transfer their payments using the company's payment platform. The firm locks in an exchange rate and delivers fiat to the seller's bank account. Companies can advertise to wealthy bitcoin owners and accept their payments without exposing themselves to the coin's volatility.
A number of other companies now offer a similar service. CoinGate extends the acceptance to more than 40 different kinds of altcoins with instant conversion to euros or dollars.
These tools, and more are surfacing, allow business to accept bitcoins risk-free. They can also allow businesses to receive their payments in bitcoin. While that brings back the risk, it's worth noting that if the Newport Beach car dealer had kept the bitcoin, he would have sold that Tesla for around $1.5 million in today's money. Some risks might well be worth taking
There are options and smart businesses are making good use of them. In 2013, a man in Florida called a Lamborghini dealership in Newport County, CA and asked if he could buy a Tesla from them using bitcoin. Other dealers had already turned him down, he said. The dealership was cautious. The car cost $103,000. But the company didn't want to reject a sale so it accepted the payment using Bitpay. The buyer paid 91.4 bitcoins and the seller received the money in dollars. According to CNN, news of the sale prompted ten more potential buyers to call the dealership.
Popular Posts
-
The Digital Attack Map is a live data visualization, built through a collaboration between Arbor Networks and Google Ideas, that maps DDoS a...
-
All you have to do to track campaigns automatically is use Google’s campaign URL builder ( https://ga-dev-tools.web.app/campaign-url-builde...
-
Nowadays, when technologies are growing and developing so fast, owners of small businesses are moving from small local stores and markets...
-
Artisteer is the first and only Web design automation product that instantly creates fantastic looking, unique website templates and b...
-
Freenom is the world's first and only free domain provider. Freenom mission is to bring people online and help countries develop their d...
-
Sonetel - provider worldwide of a free, global business phone system service for small and medium businesses. It enables free interna...
-
Virtual client computing (VCC) solutions, a.k.a. Desktop-as-a-Service (DaaS), have come a long way in recent years. Instead of having to pur...
-
Jugnoo’s Social CRM is a business strategy, supported by a technology platform, that allows organizations to align business operations w...
-
Podcast hosting is different than website hosting because it offers specific tools built to optimize the subscriber experience (we’ll exp...
-
The virtualization concept can be simply considered as one computer within another. It will allow us to use multiple operating systems on a ...