Will retailers start accepting crypto currencies؟

[Rares002 262]

I thing Big Retailers Like Whole Foods To Accept Bitcoin Major retailers including Crate and Barrel, Nordstrom and Whole Foods will now accept bitcoin, according to Fortune, and three other types of digital money, as payment

 

 

[SuperCrypto 7193]

Cryptocurrencies, mainly Bitcoin, have become an ideal method for digital payment as they offer high speed, cost, and very little transaction fees. Consequently, many stores that run commercial activities are aware of cryptocurrencies and have added them as a payment option.

[johant123 1559]

13 minutes ago, SuperCrypto said:

Cryptocurrencies, mainly Bitcoin, have become an ideal method for digital payment as they offer high speed, cost, and very little transaction fees. Consequently, many stores that run commercial activities are aware of cryptocurrencies and have added them as a payment option.

Compared to fiat electronic currencies, crypto transactions still take a long time. A fiat transaction is completed within a second (because it relies on central infrastructure and backing), while a crypto transaction takes much longer.

 

Big advantage of crypto; you are not dependent on a single "man in the middle". If the regular electronic payments network here (in my country) breaks down, everything basically stops ... most people don't even carry cash with them anymore.

[Ayush Singh 1175]

I have seen many posts of different users from various countries that some of the marketing sector is allowing Crypto coins as a medium of exchange and the way popularity of crypto coins is increasing day by day it will be very easy to cover all the market like this.

[SuperCrypto 7193]

Although not all governments and governments around the world agree on the viability of bitcoins. But its acceptance as a means of payment was very basic and logical. Bitcoin currencies are considered a payment method due to the level of security provided by bitcoins.

[iloveyobit 6599]

At the moment there is no news coming or indications that famous stores have accepted Crypto as a method of payment, but I hope that this will happen in the not-too-distant future.

[Babubu609 0]

On 12/22/2019 at 11:45 AM, Ngetpa said:

Maybe there is a chance especially if they have see that it will make their prosper more. Also, some of the company are now accepting it.

If they so potentiality in the coin or crypto their will be more people in to it and always be the best option

[Brushless4500KV 4214]

On 3/17/2020 at 1:10 PM, SuperCrypto said:

Cryptocurrencies, mainly Bitcoin, have become an ideal method for digital payment as they offer high speed, cost, and very little transaction fees. Consequently, many stores that run commercial activities are aware of cryptocurrencies and have added them as a payment option.

If cryptocurrency reaches the stage of complete global adoption, any merchant or retailer has to accept it as a mode of payment because if they reject it, it will have a negative effect on their sales figures. So, crypto must reach a level of trust that anyone treats it like fiat currency. Most retailers are still suspicious about cryptocurrency and they don't know the benefits of using cryptocurrency. They can transfer large amounts of money easier with crypto payment systems.

[Cammer 4609]

On 12/20/2019 at 3:59 PM, SuperCrypto said:

The Microsoft-Starbucks Partnership and the ICE International Exchange are one of the signs that retailers are beginning to accept cryptocurrencies as a simple payment method.
Other companies will soon start noticing the benefits to Starbucks when customers pay for products using cryptocurrencies, using newer and faster infrastructure that did not exist in the past year.
 Today and in this age, refusal to accept payments using cryptocurrencies will become a denial of potential increased income opportunities, especially when the number of people who choose cryptocurrencies as their preferred payment method begins to increase.
In the same way that the store that accepts credit cards offers more options for consumers and increases its potential profits. A store that accepts cryptocurrencies can significantly broaden its reach to customers in the market, which everyone will start doing sooner or later.

I would say yes, they will use crypto currencies after the big value of them appeared. But I think there is something holding them off, its the unstable price of these currencies. 

[SuperCrypto 7193]

29 minutes ago, Cammer said:

I would say yes, they will use crypto currencies after the big value of them appeared. But I think there is something holding them off, its the unstable price of these currencies. 

Cryptocurrencies, mainly Bitcoin, are an ideal method for digital payment as they offer high speed, cost, and very little transaction fees. The uses of cryptocurrencies are greatly expanding day by day so everyone will accept them in the future.

[SuperCrypto 7193]

It is in the interest of the seller and the buyer that payment with bitcoin or cryptocurrencies is certainly a logical financial matter and an effective way to increase revenues, given that providing this service can help attract new customers and markets.

[SuperCrypto 7193]

Whatever the type of commercial operation the merchant engages in, he will realize the benefits of offering the option of encrypted currency payments in terms of fees, privacy, ease and speed of dealing.

[Saj555 2250]

Of course. The crypto currencies are having a good time in the digital market and by seeing it's popularity the retailers should include these currencies as their medium of payments. A lot of companies have already started to use crypto as their  usage. Soon it will include all the other retailers too. 

[magd 5231]

Yes, for the most part, they will accept new currencies and add them to the cryptocurrency market, but their prices will be very low and they may disappear again if these currencies are not mined and published.

[Ali_hmwi 966]

As I can see every company accepte or try to use crypto in daily limit for or in any subject that mean the future is ganna a good sign from that also that will make alot of countries in the future take the crypto currency in an important way to work in.

[SuperCrypto 7193]

23 hours ago, xpertt said:

But other retailers consider the fact that they don't have enough knowledge bout what is crypto and what are the benefits they could get by using it, its the reason why there are still many people that is still sticking to the traditional way of making payment.

When the necessary awareness of cryptocurrencies and their features becomes widespread, I think everyone will prefer this type of payment. But it is ignorance surrounding this new technology that prevents them from accepting payment in cryptocurrencies.

[Upright 2688]

As we know Crypto is steadily having to occupy major grounds on either being that, Cryptocurrencies are being invested on as well as these the mass adoption if the Crypto coin towards users who uses this coins or own fractions of them

[SuperCrypto 7193]

4 minutes ago, xpertt said:

That is true, educating everyone about the benefits of using crypto is a must, giving them all the knowledge on how crypto can help us and what are the things we can do with it to give our self an ease on everyday living are one of the things we could share to them, and maybe it can enlighten them and encourage them to use crypto.

I think this is our mission to publish information about cryptocurrencies and their features and inform those around us about them and their benefits in order to give them an initial idea on the topic and urge them to start their own research on detailed information.

[Philippe2001 356]

It is too early to approve merchants to accept payment 
in electronic currencies because fear of the volatile bitcoin price makes bitcoin 
 and paying online and buying against bitcoin on e-commerce sites

[SuperCrypto 7193]

28 minutes ago, 3laahamadeh said:

I think yes, in future retailer will start accepting crypto. And that time our world will gone to next level. There are so many opportunities for both seller and buyer.

Yes, this is true when traders and institutions realize the benefits of paying in cryptocurrencies, everyone will like to trade them instead of regular money, and the winner who started before and collecting a bitcoin balance and the bitcoin price is going up.

[nickoman987 1040]

So stop, already some online stores began to accept payment with cryptocurrency, the same Amazon accepts a lot of cryptocurrencies for payment. There are also platforms where you can purchase recharge cards for cryptocurrency. But in ordinary stores they will not accept cryptocurrency soon.

[SuperCrypto 7193]

After the popularity of cryptocurrencies has increased, everyone who owns a business should consider using cryptocurrencies as a method of payment in his work because users of cryptocurrencies will increase with time and demand them as a method of payment.

[Yunusalemu 0]

That will be another great improvement to the utilisation, adoption and cyculation of bitcoin globally if these stores will start adopting crypto payments for customers purchases. 

[Captain Karim 0]

It is good to enter a company like Microsoft-Starbucks to the field of cryptocurrencies, this will support this field and may lead to the flow of some money and the entry of new investors

[SuperCrypto 7193]

When you use payment in cryptocurrencies, you can access your electronic wallet with ease. No one can freeze your account or prevent you from spending money the way you want it.