Bitcoin is an open network which allows anyone to receive, send & store bitcoin.
With the advent of the Bitcoin Lightning network, businesses are now able to accept fast & easy payment.
Typically transaction fees are extremely low (usually 1% or less), settlement is almost instantaneous, there are no possibilities of chargeback, payments can be received internationally & you can even choose the currency you receive.
Typically 1% compared to PayPal & credit card
averages of 2.9%
Bitcoin payments are irreversible meaning chargebacks are not possible.
No customer credit card or personal details are needed when paying with Bitcoin.
All your customers have to do is scan a QR code to pay via the Bitcoin Lightning network.
A Brittish based company called CoinCorner also offers a product called The Bold card which allows its users to make NFC / contactless card payments.
Bitcoin is accepted globally which means you can gain customers from anywhere in the world.
Bitcoin payments can be converted instantly & paid out in pound sterling. This avoids any possible Bitcoin price volatility for retailers.
Stay ahead of your competitors & be at the forefront of a new technology.
Attract new customers from the millions of Bitcoin users around the globe.
Benefit from free PR by joining the “hot topic” conversation around Bitcoin & the Lightning network.
The Bitcoin community love supporting businesses that accept payment via the Lightning network. As well as word of mouth the Bitcoin community actively uses websites such as BTC Map to find & engage with Bitcoin friendly businesses.
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