Nostr Web Client

nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 laid it out well tonight. Square terminals are everywhere.

The real problem to solve isn’t payments themselves, it’s the Visa and Amex fees.

That’s the gap. A built-in 3% margin that merchants already accept as “normal,” and the opportunity sitting right in front of us.

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Chriso🇺🇸🇦🇺🦘⚡️ 1w ago 💬 1

There’s also the problem of customer education. While it’s an easy task to explain to a store owner they can dramatically reduce processing fees, receive funds instantly, and have no threat of charge backs, you still need people to opt to pay in Bitcoin.

Unfortunately so many merchants have started passing the fee to the customer and the customer has accepted the additional costs.

I’ve taken the initiative to have these stickers printed and give them to merchants accepting ₿itcoin payments as a way to try and start a conversation with the customer. Because at the moment, that is the disconnect and unless merchant is a bitcoiner to begin with, they don’t really have the incentive to initiate the discussion.

I’ll be happy to send You and Derek some to give out if you have area merchants that would post them.

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Discussion

Seth 1w ago 💬 2

We can try!

Chriso🇺🇸🇦🇺🦘⚡️ 1w ago

For sure, I’ve made purchases and used it as a demo to the staff and customers around me. I’ve been in a local facebook community support group shouting to everyone about the benefits of it, and every merchant I see that uses Square gets the pitch from me. I distributed these stickers to both the restaurants in my area and will give to others that will use them.

I’m pushing Cash App and ₿itcoin payments to my martial arts parents and offering a 5% discount for 6 months if they pay with bitcoin, all in the name of education. Because I can just as easily buy the ₿itcoin with their payment the send me. But I want them to understand how to spend it and hopefully they will start paying in ₿itcoin at the other places around town.

I’m really excited that the restaurant I personally got to signup will be reopening a bar and restaurant that was a 30 year establishment that had recently closed last year. They told me they have been a long time Square merchant Square was really hooking them up with their POS system. Looking forward to seeing my signs at the bar and in their restaurant. Should be good.

Chriso🇺🇸🇦🇺🦘⚡️ 1w ago

If you want me to send you some stickers, DM me your address and I’ll get you some in the mail.