Accepting Bitcoin Payments In-Person2 min read
Businesses around the world are finding creative ways to accept payment while minimizing the contact that has traditionally been required. One way businesses can do this is by accepting Bitcoin payments. Bitcoin payments are sent and received digitally, making them a perfect payment solution for both online and in-person business.
As Bitcoin’s value grows and more and more big online businesses continue to accept it as a form of payment, there is no doubt more small retail businesses will begin accepting Bitcoin payments in-person. Bitcoin payments can help a business in many ways and businesses that plan to accept Bitcoin payments will benefit from:
- The lowest transactions fees
- No fraud, no chargebacks
- Near-instant settlement
- Contactless payments
Accepting Bitcoin payments in-person with OpenNode Payment Requests
OpenNode supports a number of ways to request and accept Bitcoin payments but for in-person payments, we recommend Payment Requests, accessible right from the dashboard.
The Payment Requests feature looks like a very simple POS, with numerical keys for entering payment value, and the option to enter a payment description and specify source currency. For example, simply enter the USD amount for which you would like to request payment in Bitcoin and click Request.
This checkout screen will be displayed to your customers. Payers then have the option to pay using a Bitcoin wallet or exchange, and they can either scan the QR code or copy the BTC address to initiate payment.
That’s all there is to it…and if your customer is already familiar with paying with Bitcoin then it’s going to be a breeze!
Want to understand all the benefits that come with accepting Bitcoin payments? Check out our latest blog about the benefits of Bitcoin payments and learn more about how Bitcoin can grow your business.
At OpenNode, we understand the significance of the benefits of Bitcoin payments to small businesses, and this inspired us to create our Payment Request feature. We encourage all OpenNode-powered merchants to discover our full suite of capabilities for online and in-person transactions.
Interested in accepting Bitcoin payments in-person with your business? Create an OpenNode account in minutes and start accepting Bitcoin payments today! Get started for free today!