With over 80,000 companies already accepting Bitcoin payments as of 2014 and that number rapidly growing, business owners can no longer afford to ignore the world’s most popular decentralized currency. So let’s check out six reasons why accepting the virtual currency is a great idea.
Around the world, forward-thinking merchants from small shops to large corporations are joining the Bitcoin trend, with many of them doing so in order to improve cash flow by cutting costs and boosting their bottom line. But, is doing business in Bitcoin a worthwhile endeavor?
We’ve put together a list of some of the main benefits that you could experience from accepting Bitcoin payments.
LOWER TRANSACTION FEES
If you’re hoping to reduce costs, accepting Bitcoin payments is definitely worth trying since per transaction fees for accepting this currency tend to be cheaper than those for conventional credit or debit cards. According to Adam White, Coinbase’s director of business development and strategy, this is the one main reason why many smaller businesses are joining the bitcoin payment trend. On average, small businesses tend to pay higher credit card fees than the bigger companies, since they lack the scale needed to negotiate the cheaper rates. Because of this, Bitcoin is often an easier and cheaper alternative.
GET PAID QUICKLY
Getting paid on time is important for businesses of all sizes, but no more so than for small businesses, which often rely on prompt invoice payments in order to maintain a positive cash flow and stay afloat. Along with using an invoice factoring company such as BlueVine to keep the payments coming in, accepting Bitcoin payments can actually make it easier for clients to make prompt payments.
Unlike credit card payments, which are often kept on hold for up to a week or more in case a chargeback is requested, Bitcoin payments tend to arrive in merchants’ bank accounts within just a couple of days, meaning that you could have access to your money a lot faster.
One of the biggest advantages of Bitcoin for merchants is that payments made with this currency are final, meaning that there are no chargebacks or returns, unlike when dealing with regular credit and debit card payments. Credit card chargebacks occur when the cardholder disputes a purchase that they have made with the card, often due to reasons such as the item being defective, or perhaps they were a victim of credit card fraud. Either way, credit card chargebacks are both inconvenient and costly to merchants, with a fee set at around $5-15 each.
Bitcoin is gaining more and more popularity as an online currency as when a customer pays a company using Bitcoin, they are able to do so without divulging any personal details such as their name, address, date of birth, etc. Unlike when paying with a debit or credit card when this kind of personal data must be given in order for the transaction to be successfully processed, when paying with Bitcoin, customers can do so completely anonymously, giving them a practically fool-proof layer of identity protection that no other payment method can offer.
ACCEPT INTERNATIONAL PAYMENTS
If your company has been putting off accepting international payments simply due to expensive cross-border transaction fees, accepting Bitcoin as a payment method could be the answer to your problem. Although going global is great for business, many small independent consultants and online retailers are unable to sell their services or products internationally due to a high cost that they are unable to afford. But, Bitcoin breaks down all these obstacles and borders with much lower transaction fees, allowing businesses to trade internationally and accept payments from anybody, in any part of the world, at just a click of a button.
Last but not least, accepting Bitcoin as a payment method could lead to increased levels of client and customer satisfaction. With Bitcoin rapidly growing in popularity, it will be unsurprising if over the coming years, businesses will be expected to accept this currency as default. Offering your clients and customers the option to make payments with Bitcoin allows you to give them more choice, and therefore more control over the way they make payments and interact with your business. And, the added layer of protection from fraud and identity theft offered by Bitcoin can make this payment method a very attractive one to online customers who want to be as safe as possible.
If you’re not currently accepting Bitcoin as a payment method, there are many reasons to think about making and accepting transactions in this increasingly popular digital currency.
I have been traveled many different places and I consider traveling is one of the most crucial activities in my lifestyle. Travel photography is greta. My vacation trip to New York City in New York State was the most meaningful place because it was the first time I experienced with the East Coast custom and it opened my eyes with towering building, wonderful restaurants, and dramatic events.
Strolled along the Fifth Avenue in New York City I was astonishing to see many wonderful manmade buildings. Their shapes and sizes were magnificent. Some was like a checkerboard, other like a lipstick. Because New York City is the largest world’s market, most the corporation headquarters are located in this city like MetLife, Chase, Mc Graw Hill, Chrysler, ect…However, My eyes soon hit with the Empire State Building. The building was my wish list to see because its great show in the King Kong movie that I have never forgotten. Now it was real in front of my eyes. I was stunned with its height, reaching the sky. The top of the skyscraper is an enormous spire like a huge needle. I could not count how many windows in the tower, but my eyes were blurry with its shine and sparkle in the sun.
In addition, the entertainment is one of the main parts of New York City. This kind of show happened frequently in the New York street everyday. Eventually, I have learned that the New Yorker were full of energy and high spirit.
The largest park in NYC and one of the world’s foremost urban parks, Manhattan’s Central Park offers peace and tranquility in the center of a fast-moving city; the park is the most visited recreational area in the United States. Due to its characteristics regarding location, size and the attractions offered, it is comparable to other major urban parks such as Hyde Park in London, Golden Gate Park of San Francisco, Vancouver’s Stanley Park, and to a lesser degree, to Toronto’s Islands Park.
I feel that a week staying in New York did not satisfy my exploration. The viewing was great, the exciting moment of discovering new taste was unforgettable, and much more important was the relaxation. All of my burdens were left behind. I almost forgot my way of coming back home because of its great activities. If I have a chance I would go back there again and again just for enjoying all of its attraction and comfortable surrounding.
Travel photography Paris collection , France’s capital, is a major European city and a global center for art, fashion, gastronomy and culture. Its 19th-century cityscape is crisscrossed by wide boulevards and the River Seine. Beyond such landmarks as the Eiffel Tower and the 12th-century, Gothic Notre-Dame cathedral, the city is known for its cafe culture and designer boutiques along the Rue du Faubourg Saint-Honoré.
Travel photography Paris collection grandeur is inspiring but what I love most about the city is its intimacy. Its quartiers (quarters) are like a patchwork of villages, and while it’s one of the world’s major metropolises – with all of the culture and facilities that go with it – there’s a real sense of community at the local shops, markets and cafes that hasn’t changed since my childhood. Yet because every little ‘village’ has its own evolving character I’m constantly discovering and rediscovering hidden corners of the city.
With an illustrious artistic pedigree – Renoir, Rodin, Picasso, Monet, Manet, Dalí and Van Gogh are but a few of the masters who lived and worked here over the years – Travel photography Paris collection is one of the great art repositories of the world, harbouring treasures from antiquity onward. In addition to big-hitters like the incomparable Louvre, the Musée d’Orsay’s exceptional impressionist collection, and the Centre Pompidou’s cache of modern and contemporary art, there are scores of smaller museums housing collections in every imaginable genre, and a diverse range of venues mounting major exhibitions through to off-beat installations.
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Paris is a wonderful city! But its true beauty is released during autumn leaf fall!
Just take a good look into this picture! What do you see? Is it just a simple street of French capital? No, this is a whole story with a number of questions, which unfold against golden background. Who is the owner of this bicycle? Where is he or she now? Maybe, he or she is sitting somewhere in a café, drinks hot coffee, certainly with croissants, wrapping him or herself up in chequered coat. But, maybe, this mysterious stranger decided to pop into old book shop, which is situated on the opposite side of the street. He will definitely find an interesting and truly captivating book about love. Why about love? Because there is no other way for those, who are in the international capital of this big light feeling. And when the evening comes and the city covers with autumn rain, this unknown someone will plunge himself into world of just bayed book over a cup of mint tea.
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Contemporary travel photography Amsterdam -the capital of the Netherlands, is famous for its coffee shops, red lights, and canals. Founded in 1275 (supposedly by two fisherman and their dog), the city grew in importance and wealth over the centuries as Dutch colonies were set up around the world. Companies like the Dutch East India Company (VOC) began transferring wealth to the city. Many travelers tend to frequent the coffee shops or wander the red light district. The city features amazing art museums, beautiful parks, and wonderful cafes. This city is by far one of the most beautiful in the world. There’s nothing like cruising around the canals on a sunny day or lying in Vondelpark reading a book! I used to live in Amsterdam, and I can tell you the best of Amsterdam is found outside the city center in the smaller neighborhoods with their canal-side cafes.
A person’s character is represented very broadly in the contemporary fine art travel photography, because it is no wonder that in the first place, we are interested in ourselves. A human being is the most favorite object of shooter for the majority of photographic artists. That is no secret that initially, we always try to search and recognize ourselves in other people.