Already you can pay with Bitcoin in your store. Using Bitcoin payment? Get a 5% discount with code “bitcoin”
What is Bitcoin?
Bitcoin is a global peer-to-peer digital currency. It allows users to securely transfer value almost instantly to anywhere in the world. To learn more about Bitcoin, watch the video below and visit Bitcoin.org.
Why do I accept Bitcoin? Bitcoin allows my customers to pay anonymously from anywhere in the world. It is a safe and secure currency that some of my customers prefer to use; I want to make transactions as easy as possible for my customers. Bitcoin is free for me to accept via Bitpay (0% fees). This is in contrast to a 3% fee imposed on credit card transactions.This saves me money, which gets passed on to the customer.
Do I convert Bitcoin payments to US dollars?
No, Bitcoin payments are either held in cold storage, spent online, or used to pay my web developer. In fact, over 25% of fiat payments are converted to bitcoin.