As a merchant
considering accepting Bitcoin payments, you might find yourself wondering how doing so will benefit your business.
As a merchant
considering accepting Bitcoin payments, you might find yourself wondering how doing so will benefit your business.
Once there is enough demand from customers, retailers are more likely to
consider accepting Bitcoin payments.
Whenever possible, Jason says he tries to buy supplies that also deal in Bitcoin and he encourages his clients to
consider accepting Bitcoin payments.
Not exact matches
Please
consider accepting bitcoin as a
payment method in your business.
European retailer Alza to
accept Bitcoins in
payment, also
considering altcoins.
The German authorities justified this decision by stating that all virtual currencies such as
Bitcoin will be
considered a legal method of
payment as long as all parties involved in the transaction
accept that that cryptocurrency will be used as a means of
payment.
Merchant adoption in other parts of the country is lower «as we do not have a physical presence there and this needs quite a bit of explanation and push for the merchant to
consider accepting bitcoin as a mode of
payment,» he detailed.
«So - called virtual currencies (cryptocurrencies such as
Bitcoin) are
considered equal to the legal means of
payment, as long as these so - called virtual currencies have been
accepted as alternative and contractual means of
payment by the parties involved in the transaction and have no other purpose than being used as a means of
payment.»
Since April 1, when the Japanese government started recognizing
bitcoin as a legal method of
payment, a slew of Japanese companies have started
considering accepting bitcoin.