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[MisterW]

Let's say you have an ecommerce business and you wanna accept Bitcoin payments,
What Bitcoin payment processor is best? How about their fees?

 

[moneyman]

Let's say you have an ecommerce business and you wanna accept Bitcoin payments,
What Bitcoin payment processor is best? How about their fees?

You have a lot to choose from now, but one of the best (if you're in the US) is still Coinbase. Coinify and Shopify are ok, but Stripe.com is better between those choices.

You can also accept bitcoin yourself and be your own bank for it if you have a dedicated connection and computer. The Bitcoin client/server can be used to create your own address and send or receive to or through it. There are gateways which can be used to process it faster for pennies if you want to, but you are still able to do this for free via the blockchain. Businesses would want to take advantage of the faster servers for blockchain processing of sends and receives to a bitcoin address, but you can do all of that yourself.

If you were trying to do credit card and debit card transactions to bitcoin, then you would either need a payment processor to do that like one of the services mentioned, or you would need to have a merchant account to do that yourself.

It would be a little odd to run a credit or debit transaction and then send it to your bitcoin account from your business or personal checking, but it can be done and some may have a reason to do that (especially if they are paying others locally or globally and do not want to use Paypal or have fees while doing it).

 

[Jack Wallace]

Ассеpting bitсоins fоr yоur businеss hаs multiplе аdvаntаgеs. First оf аll, if yоu аrе а suppоrtеr оf Bitсоin, it hеlps tо bring bitсоin intо thе mаinstrеаm, but еvеn if yоu аrе nоt, it is а frее mаrkеting tооk аnd will nоt оnly inсrеаsе yоur оvеrаll rеvеnuе, but аlsо yоur prоfit оn еасh sаlе.Thе еаsiеst wаy tо ассеpt bitсоin fоr yоur businеss is tо usе аn аpp likе Соinbаsе mеrсhаnt оr Blосkсhаin.infо mеrсhаnt. Thеy аrе simplе, еаsy tо usе аnd strаightfоrwаrd. Fоr еxаmplе, tо sеtup thе Blосkсhаin.infо mеrсhаnt аpp, аll yоu nееd tо dо is tо еntеr thе Bitсоin аddrеss thаt yоu wаnt thе bitсоins tо bе sеnt tо, аnd thеn yоu саn stаrt ассеpting bitсоins. Just еntеr thе аmоunt tо bе ассеptеd, аnd а QR соdе is gеnеrаtеd аutоmаtiсаlly. Yоu саn еvеn аdd а nоtе fоr thе pаymеnt, sо thаt yоu саn еаsily ассоunt yоur sаlеs lаtеr.

 

[SuncicaZ]

Best Bit Coin wallet is coin base. I love this wallet because it is very safe, it do not have high fees, it sends money very fast, it has three currencies. You can see is it rising or falling, how much it was last month... What is the most important this wallet is very safe and you have some kind of guarantee that you will not lose your money.

 

[cryptofly]

Best Bit Coin wallet is coin base. I love this wallet because it is very safe, it do not have high fees, it sends money very fast, it has three currencies. You can see is it rising or falling, how much it was last month... What is the most important this wallet is very safe and you have some kind of guarantee that you will not lose your money.

Yes, and you can create as many wallet address as needed, one for each "kind of product" if you are receiving bitcoins at your website.

 

[castbound castboundoski]

Is it really better? Microsoft owner Bill Gates stated that transactions might financial transactions might eventually be digital, universal and almost free.

Opinions?

 

[bob4o]

I agree, some banks are already looking into the blockchain technology so that one day all financial transactions to be based on it - it would be faster to send and receive money across borders and probably cheaper. Although the fees for bank transactions are big part of their profits and maybe some banks won't be that happy if this happens.

 

[overcast]

Not sure if the bitcoin related statement was said by the bill gates. But it seems like bill gates is not much aware of the issues that bitcoins has. Most of then pirates are using the bitcoins. And they seem to be affecting the economy. So on that basis. I'd say bitocin is good currency for online. But it is not really a good currency for earning and storing the money. that's something they need to watch out for. long term bitcoin can be damaging local laws.

 

[Tulip]

Well may be bitcoin is better than currency but i still prefer currency, I have heard bitcoin is getting popular day by day.

 

[cashonline]

maybe he is up to something creating a wallet that we can easily use someday and with just a click of a button we can pay instantly or make online transactions without the hassle of logging in to our computer or mobile devices but a specific device that we can carry within our own pockets that is capable of internet connection and makes btc or other cryptocurrency transactions with a single touch.

 

[tusziget]

Is it really better? Microsoft owner Bill Gates stated that transactions might financial transactions might eventually be digital, universal and almost free.

Opinions?

I hope it will become true as Bill Gates said.I trust him very much,since he made one of the biggest discoveries of all times.He has a talent to create or to say things that will become important in the future.

 

[Abdul hanan]

Is it really better? Microsoft owner Bill Gates stated that transactions might financial transactions might eventually be digital, universal and almost free.

Opinions?

I think he is going to introduce an online banking system like bitcoin on which we can transfer money to anyone around the world at anytime.It will be very useful as nowdays bitcoin wallets are costing too much fee.

 

[castbound castboundoski]

I agree, some banks are already looking into the blockchain technology so that one day all financial transactions to be based on it - it would be faster to send and receive money across borders and probably cheaper. Although the fees for bank transactions are big part of their profits and maybe some banks won't be that happy if this happens.

Agreed.I do like the fact that things like that would make our life easier so I really support the actual idea of cryptocurrency.I do not think that this is gonna be implemented really soon because theres still things to think about such as : how are countries gonna profit , how banks gonna profit , etc...

 

[tusziget]

I think he is going to introduce an online banking system like bitcoin on which we can transfer money to anyone around the world at anytime.It will be very useful as nowdays bitcoin wallets are costing too much fee.

Wow!This would be a great idea.If this would happen in the future would be really helpful to lower the transaction fees.

 

[tusziget]

What is the most expensive product you have ever bought online with Bitcoin?

 

[Younes Afias]

I do not buy directly with Bitcoin , but I have a virtual credit card that I buy with this . I have a lot of sites that sell virtual VISA cards as well as plastic. I recommend you this way. The most expensive product I purchased is an Android phone from eBay .

 

[Tulip]

Heard from friends about bitcoin currency but never use for paying , Also heard that one day people will use bitcoin not dollar, how much i'm right I don't know.

 

[overcast]

The current market condition is such that it's better to hold the bitcoin. And sell them. Not somethign I'd be using for the buying or selling stuff online. I think for each one of us this could be different. one has to just see how that works out for them. i think for me personally it just takes some time for sure. I'd say for now let bitcoin hold on your account.and maybe once it crossed 4k again then sell it instead of paying or buying something.

 

[castbound castboundoski]

Not sure if the bitcoin related statement was said by the bill gates. But it seems like bill gates is not much aware of the issues that bitcoins has. Most of then pirates are using the bitcoins. And they seem to be affecting the economy. So on that basis. I'd say bitocin is good currency for online. But it is not really a good currency for earning and storing the money. that's something they need to watch out for. long term bitcoin can be damaging local laws.

People are those who created it and may be able to destroy it. We should be aware of this thing and watch out what we are doing.We should also realize how bitcoin can benefit us and instead of trying to exploit for other things maybe we can use it for good.

 

[tusziget]

maybe he is up to something creating a wallet that we can easily use someday and with just a click of a button we can pay instantly or make online transactions without the hassle of logging in to our computer or mobile devices but a specific device that we can carry within our own pockets that is capable of internet connection and makes btc or other cryptocurrency transactions with a single touch.

Well,I hope you are right.I think Bitcoin will become even stronger and better known worldwide,even for people,who have never heard about it,if Bill Gates is going to dedicate his attention to the Bitcoin.