Bitcoin payment options for merchants using Square incoming?

when speaking to Square merchants they often acknowledge the option but fail to understand the BTC native incentives, rather seeing it as a volatile investment..

Whats the onboarding incentive for the merchant? % of Sats back to dip the big toe in?

Reply to this note

Please Login to reply.

Discussion

In theory it should save the merchant/customer on the 3% cc fee

yes

That would be so cool. My wife has used Square for payment at craft fairs.

Even if they only use as rails for now and convert back instantly to USD in their account, it will start adoption and lower fees (hopefully) will incentivize everyone. Then they will question why holding all in USD and maybe only convert xx% back and keep xx% in BTC.

This would be HUGE for merchant adoption

I like Jack.

Merchants considering Bitcoin payment options through Square could have several incentives, including lower transaction fees, access to a new customer base, and improved marketing opportunities.