A merchant account is a special kind of wallet account that exists for the purpose of receiving bitcoins from the users when you sell your products online or at a store.
Usually, when you accept funds with debit or credit cards, or through PayPal or through some other third party payment gateway/processors, then they are transferred out funds to a normal business bank account, normally on a daily or weekly basis. And, they do charge from 2-8% for providing their services and also there is no 100% guarantee to the funds that you receive to your account would be in your account, as these payment gateway/processors might anytime hit your account with disputes even after you delivered products to the users., You loose your funds, soon or later,.
If you’ve ever accepted bitcoins as a payment and you might be thinking how actually accepting the bitcoins as a payment from the users might re-shape your entire business model.
As a part of making business payments easy with bitcoins, we do not take any fee at all, even for initial setup, And the Bitcoins will be en-cashed (auto-payout) within 30-mins from the time that the user sent bitcoins to your “merchant bitcoin wallet address”.
Bitcoin transactions are irreversible and there is no option at all to apply for the disputes by the users; hence, the funds that you receive from the users, all 100% funds are yours.
A merchant account is a special kind of wallet account that exists for the purpose of receiving bitcoins from the users when you sell your products online or at a store.
Usually, when you accept funds with debit or credit cards, or through PayPal or through some other third party payment gateway/processors, then they are transferred out funds to a normal business bank account, normally on a daily or weekly basis. And, they do charge from 2-8% for providing their services and also there is no 100% guarantee to the funds that you receive to your account would be in your account, as these payment gateway/processors might anytime hit your account with disputes even after you delivered products to the users., You loose your funds, soon or later,.
If you’ve ever accepted bitcoins as a payment and you might be thinking how actually accepting the bitcoins as a payment from the users might re-shape your entire business model.
As a part of making business payments easy with bitcoins, we do not take any fee at all, even for initial setup, And the Bitcoins will be en-cashed (auto-payout) within 30-mins from the time that the user sent bitcoins to your “merchant bitcoin wallet address”.
Bitcoin transactions are irreversible and there is no option at all to apply for the disputes by the users; hence, the funds that you receive from the users, all 100% funds are yours.
Credit cards/Debit cards = high fee, and users can raise disputes.
itcoins = 0 fee, and there is no disputes applicable, as the bitcoin transactions are irreversible.
Interested to make use of our Merchant service tools? for your business to accept bitcoins as a payment, please write to us at: care@bitcoin-india.org