Do customer pay in Crypto!

Ankith K Shetty

Regular Member

Apr 25, 2019

476

214

• Apr 3, 2020

• #1

Hi,

I have many websites in a adult. But I always have problem in receiving money online because of so many regulations from payment gateway. So I am considering to receive money with Crypto. But do customer pay by crypto, most of my customers don't know anything about crypto. Is anyone using crypto for their business to collect payment instead of payment gateways.

Thanks,
Ank

 

B

blackwalker

BANNED

Aug 6, 2016

1,100

1,029

• Apr 3, 2020

• #2

I use bitcoin payments in my links sales but, you can also try accepting credit cards through shopify as a buffer site.

 

DropshipDave

Power Member

May 5, 2011

635

466

• Apr 3, 2020

• #3

I accept both crypto and credit cards, but I can't imagine only accepting crypto right now. (About 2% of sales are crypto, maybe less)

Paying with a credit card or PayPal is straight forwards and everyone understands it. Crypto doesn't work in the same way, and can seem quite off-putting to people who don't understand it, plus it slows the checkout process down a lot.

 

Mudundo07

BANNED

Mar 18, 2020

73

46

• Apr 3, 2020

• #4

Crypto is too much of a headache for normal buyers.. Most just use PayPal as it has buyers protection..

 

Mr Positive

Elite Member

Executive VIP

Jr. VIP

Mar 30, 2018

12,070

14,314

• Apr 3, 2020

• #5

Yes people will pay in crypto just tie up with a payment provider who does crypto

 

Blogsmith

Regular Member

Feb 21, 2020

364

155

• Apr 3, 2020

• #6

Hi Ank, you are right.

I can share from a customer’s standpoint that, Paying in crypto does involve a a fair amount of learning curve but it’s not too hard. Accepting payment in just cryptos only would surely restrict many customers to opt in IMHO.

 

O

onlinemarketer12

Elite Member

Jr. VIP

Nov 22, 2019

6,956

1,681

• Apr 3, 2020

• #7

Not everybody uses crypto and thus this will limit the number of orders received .

 

Elvlin

Elite Member

Nov 4, 2018

5,068

2,550

• Apr 3, 2020

• #8

Depen on your target buyer. If most of them don't know crypto, than does buying your product with the hassle to learn about it? If not than don't, it will only damage your market.

 

cindyrose888

BANNED

Mar 31, 2013

1,129

340

• Apr 3, 2020

• #9

Mudundo07 said:

Crypto is too much of a headache for normal buyers.. Most just use PayPal as it has buyers protection..

Click to expand...

ahaha AGREED. OP, you got a STRANGE taste. Better stick to GAYPAL . Even though gaypal is NOT so good. But at least it has been establish many donkey years ago !