Setting up
a Bitcoin merchant account has become relatively easy, but there is a decision to make on whether or not funds is kept in BTC or converted to Euro.
Not exact matches
Businesses with a BitPay
merchant account can seamlessly accept
bitcoin payments through
BitPay offers several options to assist
merchants in proper
accounting and reporting of
bitcoin transactions.
Businesses with a BitPay
merchant account can seamlessly accept
bitcoin payments through Intuit's PayByCoin service, and receive a next - day settlement to their local bank
account.
E-commerce
merchants in South Africa can sign up for a free PayFast
account, which will allow customers to pay in
bitcoin but for
merchants to receive South African rand.
Exchanges and
accounts do not send your
bitcoin payments immediately, so they are not good for paying BitPay
merchants.
You can log into your BitPay
merchant dashboard to set up the bank
account and
bitcoin address you want to use to receive settlement from BitPay.
Even before the buy and sell
Bitcoin service existed, the company had its own set of
merchant tools and
Bitcoin wallet, and once the buy and sell
Bitcoin service was introduced the two could be combined together into a complete, BitPay - like
merchant package with which any
merchant can accept
bitcoins and have them immediately converted into USD and delivered to their bank
account, all at a 1 % fee.
Xapo's debit card allows users to spend
bitcoins in local currencies using their Xapo
accounts at any
merchant that accepts Visa cards.
The
merchants will be able to convert
bitcoin payments into local currency and receive them in their
accounts.
In the SEC filing, eBay and PayPal confirm that
merchants with a standard PayPal
account also can integrate with Braintree to begin accepting
bitcoin payments.
These processing partners convert
bitcoins into USD which is then transferred to the
merchant account.
The integration will require customers to have Coinbase
accounts in order to pay
merchants in
bitcoin.
To accept
bitcoin, Braintree
merchants simply need to open a separate
merchant account with Coinbase and then link to their Braintree
account.
Uphold business
account holders can accept a full spectrum of debit and credit cards, digital currencies, including
Bitcoin, Ethereum and Litecoin, and other alternative payment methods that extend the reach of Uphold
merchants to buyers anywhere in the world.
The problem I had with stripe was that they allow
Bitcoin payments only with US
merchant accounts so this was no option for me.
Bitcoin payments are easier to make than debit or credit card purchases, and can be received without a
merchant account.
Right now, accepting
bitcoin requires almost no effort from the
merchant and, once sales start coming in, igot automatically converts the
bitcoin to fiat currency and places it in the
merchant's bank
account.»
Bitcoin Cash (BCH), the product of a
Bitcoin hard fork, has bypassed $ 2,000, following news that BitPay will accept the cryptocurrency for
merchant accounts.
Those who prefer to keep their
accounts in dollars can still pay any
merchant that accepts
bitcoins or send money to external wallets.