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Here’s Why You Should Start Accepting Bitcoin As A Merchant
"Over the past few months, we have witnessed Bitcoin adoption by several major retailers such as Microsoft, Dell and Expedia. But while those household names are making the [mainstream] media headlines, a ton of smaller retailers also started accepting Bitcoin payments over the past year. Even though Bitcoin is still very risky in the general public’s eye, it also provides an additional revenue stream for both small and big retailers.

Easy to Setup And Nearly No Risk For Merchants

The increased Bitcoin adoption by merchants can be attributed to several reasons. First of all, there are a lot of retailers who only have an online presence, and most of them are barely making enough sales to cover the fees they have to pay to credit card transaction processors. Not to mention the fees that come with each transaction as well, and the wait time until they see money appearing in their bank account – which can take up to 30 days.

Bitcoin provides an excellent additional payment option for these retailers, as there are low to zero transaction costs per transaction. Furthermore, Bitcoin payments are processed relatively fast and as a merchant, you have the option to convert each Bitcoin payment to your local currency through a payment processor such as BitPay or CoinBase. Local currency payments usually take place the next business days, which is far more favorable compared to more traditional alternatives...."


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