As a new bitcoins user you need to make sure that bitcoins work well to support your business. For example, you need to know the process of accepting bitcoins for business and the benefits you get from this crypto currency. Let’s found out first and hopefully it helps you to decide to use bitcoins right away.
Person to Person Payment
Is it possible to pay someone with bitcoins? The answer is yes! As long as both of you agree to use bitcoins, you can do it. In fact, it is the easiest payment way today. Both of you need to have a virtual wallet and enough bitcoins. Then, the buyer has to transfer bitcoins to the sellers just like when you pay something you want to buy. That’s it, by the time the seller accepting bitcoins on their wallet it means they receive your payment. As simple as that! You don’t need bank account or use cash money anymore.
Buyers to Merchant Payment
Definitely, this is the reason why more and more merchants are looking up bitcoins for business. After learning the benefits of using bitcoins many online merchants are following this latest technology. It means buyers who also have bitcoins are easy to find what they want as long as they have enough cryptocurrency. Again, they don’t need to use cash or transfer money to specific bank account only to buy something. Transferring via virtual wallet is enough!
Coin of Sale
This is also the easy way of using bitcoins for business. By using this system, sellers are easy to receive their bitcoins. On the other hand, buyers get clearer information about how many bitcoins they have to spend for the payment. Coin of Sale is designed for bitcoins users and it is compatible for iOS and android. Before using this system, you have to be a member first. You don’t need to worry because the membership process is easy. The system works by using specific code to finish the trading or transaction.
The explanation above give you broaden knowledge about the importance of bitcoins to support your business. More and more customer especially online customers are using bitcoins as payment method. Your business will be left behind if you don’t upgrade the business system including payment technology and system. One of them is by applying bitcoins for business. It hopes that after using bitcoins for business, you will get more income and benefits than before and the way to get it is very simple and easy.