Bitcoin Merchant Account Guide A Bitcoin merchant account makes it possible for merchants to accept payments in the form of Bitcoin. With a Bitcoin merchant account, merchants can receive payments from anywhere in the world on their websites, through email, in person, and at physical store locations. By accepting Bitcoin as payment, merchants get to enjoy the many benefits this...
As the forerunner of the digital currency, Bitcoin continues to make waves in the financial space, driving more usage by not only customers but also major corporations. The Rise Of Bitcoin To say that the popularity of Bitcoin and its successive counterparts has exploded is truly an understatement. In February 2021, MSN.com reported that Bitcoin’s total market cap had surpassed...
The meteoric rise in popularity of cryptocurrencies is due to the fact that it’s an alternative form of payment that offers anonymity, security, and speed in everyday transactions. In 2021, corporate giants such as Microsoft, Tesla, and Starbucks began accepting cryptocurrencies. The fact Because cryptocurrencies are another choice of payment for customers, business owners have much to gain as well....
In a campaign to promote the use of cryptocurrencies, Miami Mayor Francis Suarez has proposed to pay city workers and collect taxes using Bitcoin. According to a resolution that was passed by it’s governing commission, the mayor wants to also grant city workers the choice to either receive a portion or their entire pay in Bitcoin. Moreover, the mayor has...
Despite the skepticism that surrounds the use of cryptocurrency, more businesses both big and small are embracing this new digital currency and with good results. What many companies have found is that opening up and accepting digital currencies also opens them up to a new, wider consumer base. This is largely because more consumers around the world are considering and...
In just a little less than a decade, cryptocurrency has progressed from an obscure realm dominated by high risk ventures to one of the most popular phenomena in business and investments. The technology that supports all digital currency, known as “blockchain” is also gaining significant favor. Blockchain technology is proclaimed as one of the great technological inventions since the Internet....
Bitcoin is one of the first and most popular cryptocurrencies in the world. It is a decentralized digital currency that does not belong to a central bank or an administrator. It can be sent from one user to another by utilizing a peer-to-peer blockchain network, all without any type of middleman. The inventor or inventors that go by the pseudonym...
Today’s payments industry is competing with traditional financial systems, but it’s already clear that amazingly flexible digital currency Bitcoin isn’t going to disappear any time soon. Bitcoin is changing and will continue to change people’s lives to a greater extent. If you’re a merchant interested in a reliable and low cost Bitcoin merchant account, you’re at the right place. The...
U.S., European, and Indian governments have asked Facebook to stop its plans for its newly announced cryptocurrency, Libra, until it addresses questions related to security and other concerns. Entities Current Stances on Facebook Libra Legislators from the U.S. and Europe have criticized and pushed back on Libra since Facebook unveiled its plans. Most are concerned about Facebook’s history of data...
Though advocates have sung the praises of cryptocurrency, its entrance into the mainstream has struggled mostly due its volatility and favor with cybercriminals. Until now. Major retailers, including Amazon-owned grocery store, Whole Foods, as well as Crate and Barrel, and Nordstrom, have agreed to accept Bitcoin and three other kinds of digital currency. Regal Cinemas, Gamestop, Lowe’s, Office Depot, and...
