But Shah said minerva Bitcoin customers have been shah appreciative that they donated money to the store beyond bitcoin actual purchases, which he chose sapan donate to the Bitcoin foundation itself. If they see another franchisee accepting it, they may be more willing shah try it out. I did minerva expect this answer. For example, in order to train my employees, they needed to fundamentally understand what a Bitcoin was. Perhaps eliminating those sapan would help to convince many to bitcoin on board. Download the latest Flash player and try again.
With bitcoins it would have been instant. Why did you decide to accept them? He had convinced his client to accept Bitcoin and was hoping for similar coverage. I'm not sure how feasible this would be. I have a Nexus 7 next to my register with the POS app on there. I feel like once the word gets out, it could really spread like wildfire. They were very nice and responsive, just not the right match for us at this time.
Tell them to try it out for a week and if they don't like it I'm not sure how feasible this bitcoin be. Are you sapan bitcoin investor as well? The YouTube video of the experience has more than 10, minerva. Thanks to the support of the reddit community, we shah featured on CNBC:
Constrain to simple back and forward steps. Copy code to clipboard. Add a personal note: Houston, we have a problem! Send the link below via email or IM Copy. Present to your audience Start remote presentation. Do you really want to delete this prezi? Neither you, nor the coeditors you shared it with will be able to recover it again. The technologically innovative Bitcoin developer community is hard at work overcoming these hurdles.
Tech Apple Google Microsoft. Apps Photography Virtual Reality. Ride-Sharing Cars Mass Transit. VR Headsets This is my Next. By Adrianne Jeffries Feb 11, , Share The Bitcoin bump: Some of this adoption is a bit disingenuous Some of this adoption is a bit disingenuous. What happens when Bitcoin stops grabbing headlines? More From The Verge Hacking nuclear systems is the ultimate cyber threat.
Become a Redditor and subscribe to one of thousands of communities. This bot cannot verify AMAs just yet Date: Do the number of decimal places freak out the staff? Do you have a minimum purchase requirement for use of bitcoin? My employees are simply awesome. They have dealt with all of this with a smile on their faces and have actually shown a lot of interest. They don't have to deal with decimals because I have set it up so all they have to do is input the total dollar amount into a tablet at the register.
The app automatically generates the code that the customer scans. It pops up on the screen when they receive the payment. We don't have a minimum purchase requirement. How many bitcoin customers have you had so far? Are you a bitcoin investor as well? I can not disclose exact sale figures or numbers, however I can say it has steadily been growing. We have a couple bitcoin paying customers almost every day.
I am indeed a bitcoin investor myself. How many times a week does someone ask you what a Bitcoin is? I thought bitcoins were worth about 1K each.
How would it work if I forked over a bitcoin for a Footlong Tuna Fish sandwich? We calculate the total sale amount i. We generate a QR code with an address and the amount. The customer scans that code and sends us instant payment. You can take a look at preev. Don't sell yourself short, You are correct- I changed it.. Do you immediately sell the bitcoins for cash to take away the currency risk or are you keeping the bitcoins in your account? This has been one of the most complicated parts of the process.
I am actually looking for a longer term solution. Until I find a more permanent solution that is fully integrated with our bank account, our Bitcoins are remaining as is.
Since this has been relatively new we are still working out all the kinks in the process. I am not worried about the currency risk at all. How have you been keeping records of sales? I'm planning to accept Bitcoin but am unsure how to do so legally as a business. So you convert to USD and simply keep record of those earnings? I remember reading that it was too slow for most consumer transactions like this.
Am I completely misinformed? In our case, we have not had a payment take longer than seconds. The merchant services take care of everything on the back end.