Bitcoin Merchant Account explained by professional Forex trading experts the “ForexSQ” FX trading team, Finding out all about what is Bitcoin Merchant Account.
What is Bitcoin Merchant Account?
A global leader in merchant services, Instabill is a bitcoin payment processor with high-quality Internet merchant account services at extremely competitive rates. Through our trusted domestic and offshore banking partners, we help establish bitcoin merchant accounts while saving company money on processing fees.
Bitcoin is a faster and cheaper monetary exchange for merchants providing any service or goods. Whether online, or in a physical location using Bitcoin has significant benefits compared to credit card services and other methods of payment.
The plus side to using Bitcoin is that the fees are extremely lower than traditional payment mechanisms, and payments settle instantly. There is no possibility of charge back as Bitcoin transactions are final and confirmed on the blockchain which gives merchants the final say on returns and fraudulent activity. Some Bitcoin merchant solutions also provide invoices and easy to use Point-Of-Sale (POS) applications that run on a smart phone or tablet. Many merchant processors instantly convert the Bitcoin payment to your local currency at the current exchange rate. There are also a number of stand-alone tools available online for merchants to identify the current conversion rate quickly if needed.
A Few Services That Offer Bitcoin Merchant Account Solutions
BitPay Atlanta GA, payment processor and merchant service API
Blockchain, a very simple, bitcoin only, merchant app that gets you started in a few seconds.
Coinbase San Francisco CA, wallet, cryptocurrency payment processor and API
Blockonomics, enables Bitcoin acceptance without an account. Permissionless invoicing and API with immediate, guided setup.
CoinGate, Vilnius, Lithuania, Accept Bitcoin payments and receive payouts in Euros, U.S. Dollars or bitcoins. E-commerce plugins, API, Point of Sale app for Android / iOS / web, payment buttons.
BitcoinPay London, payment gateway operating with PLN, EUR, CZK, and USD
Paxful Wilmington DE, Point of Sale, peer to peer market
Spectrocoin London, all-in-one merchant services solution that processes in Europe.
CoinPip Singapore, CoinPip enables businesses to send and receive digital payments
BitPagos Wilmington DE, cryptocurrency payment gateway credit card solutions.
CoinsBank United Kingdom, payment processor, exchange and card issuer.
Bitaps Russia, payment processor.
GoUrl Dominica, Official Bitcoin/Altcoin Payment Gateway for WordPress.
Bitcoin Merchant Account Conclusion
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