Should Your Subscription Service Accept Bitcoin?
Not everyone wants to pay by credit or debit card. EBT, cash transactions using third party payment centers and Paypal are three of the most common alternatives, but new payment methods are rapidly appearing as part of the mobile revolution. Square, Google Wallet, and Apple Pay are all becoming more accepted and each has their own benefits, but Bitcoin deserves some serious attention as well. Here are some basic answers on Bitcoin, along with the pros and cons of accepting Bitcoins as an alternative payment method. Birth of Bitcoin In 2009, an anonymous poster introduced the idea of an online cryptocurrency in the paper, Bitcoin: A Peer-to-Peer Electronic Cash System. An open source client placed the first block of Bitcoins […]Continue reading