How To Accept Bitcoin As A Merchant

There are several benefits to accepting bitcoin as a payment option if you are a merchant:

  • Get 1-3% savings over credit cards or PayPal
  • Avoid chargebacks (final settlement in 10 minutes as opposed to 3+ months)
  • Accept business from a global customer base
  • Convert 100% of the sale to the currency of your choice for deposit to your account, or keep a percentage of the sale in bitcoin if you wish accumulate it

These companies assist business in accepting bitcoin:

  • Stripe allows you to accept bitcoin payments, send payouts, automate financial processes
  • Cash by Square has a business support program, similar to Stripe
  • BTCPay Server is an open-source system that allows you to accept Bitcoin without fees or third parties
  • Blockonomics allows payments direct to your wallet
  • CoinCorner Checkout is another option