Now Accepting Bitcoin Payments
Thanks to opening an account with bitpay we are now able to accept bitcoin payments from our clients. When you receive an invoice from us you will see your online payment options, which up to now has comprised of PayPal and GoCardless and from now on will have the extra option of bitcoin.
The reasons for us deciding to accept bitcoin payments is because as a virtual currency it makes purchasing from the clients perspective very easy and convenient and there are also no to little in the way of charges. It is also much cheaper for us to accept payments than it would be from PayPal who charge around 3.5% + 20p per transaction. Bitcoins offer faster transaction times of 3-5 seconds (no more having to wait) compared to two hours for Paypal or 2-3 days for a cheque to clear. On a more personal note it makes for a good conversational starter, as most people don’t know what it is, so seeing the logo pricks peoples curiosity.
Originally posted 2014-09-30 14:51:05.