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Re: Any Point of Sale software users?
Wanted to stop in and share a few of the benefits of Bitcoin with those who haven’t had a chance to hear / see everything in action, as it provides the ideal alternatives for android users to use devices as cost effective point of sale terminals. For those who haven’t heard, Bitcoin is a relatively new form of value exchange or currency with a number of unique benefits to traditional transactions.
A great way to simplify eCommerce payments and ensure you are receiving the top dollar for your products includes the incorporation of Bitcoin payments into your strategy. This sounds like a lot of work, but really it's a quick process that can be set up in minutes with plugins, unique checkouts and payment buttons.
The core benefits of Bitcoin within your business includes the elimination of chargebacks which we all know can be expensive on an annual basis. In addition, we save up to 3% on merchant transaction and service fees, which all added up can be anywhere from 1.5% - 10% annually.
For those that are new to Bitcoin payments -
Mainly, Bitcoin is a transparent currency that publishes all transactions on the block chain, which is a public ledger of any coin movements. This is great for transparency as you can see where funds are going in the context of donation based initiatives and sharing wallets.
Sharing wallets with other parties is a Bitcoin specialty, as each wallet contains private keys used to spend currency. A number of private keys can be generated allowing multiple parties to disperse the control of accounts.
Bitcoin is a peer to peer technology, meaning no service is needed to hold and transact funds. Basically for transfers, you can control accounts the same as a financial service, sending digital payments globally, for a fraction of the price, almost instantly. No service is needed to conduct the transaction, simply enter amount, wallet address, and you’re ready to instantly send funds to anyone, anywhere in the world.
Tipping is a Bitcoin exclusive, and way to send currency over social media instantly, in any amount and for free. Facebook, G+, Twitter, Reddit and most popular social media platforms allow users to send currency through comments and messages. This comes in handy when a associate is visiting, without spare change to grab coffees on the way. Send them a message containing the correct value, and transfer them the $4.00 for two XL double doubles in seconds.
Want to get started? Here’s a few resources that will help get your foot in the door and involved with Bitcoin.
enjoybitcoins dot com
Hope this cleared up any questions you may have had. Please let me know if there is anything else I can answer for those curious of Bitcoin payments and the impact they might have on your organization as a whole.