Hello - This is more of a poll to those that own online businesses - are you getting more requests from your customers to take Crypto as a payment method? Or is it still dominated by more credit/debit/ACH requests? Thanks!!
Thanks for your replies - this is very helpful. Anyone else have customers asking for Crypto as a form of payment to accept?
The only concern with crypto is that, there is no authority you can knock-on to in event of dispute. I strongly suggest paypal method, less hassle, less worry and guaranteed peace of mind.
Mostly PayPal/credit/debit. Crypto is too volatile imo, and for some reason (at least in my experience) a lot of people who request it are ToS violators anyways.
Hey paymenthuddle, This situation happened a lot to me lately, while the values of cryptocurrencies were rising exponentially. In my case, it's a bit different tho because I don't offer online payments (I own a coffee shop), however, I did found a smart POS system ( https://elly.com/pos/en/ ) that allows me to accept crypto as well as standard methods. So far I am very happy with it and would recommend it if anybody else is searching for a similar service. So yes, the demand was increasing. I am interested in what will happen now when the crypto market is having its downfall. However, I do believe that sooner or later the curve will turn in the other way and crypto will be trending again.
Hey paymenthuddle, This situation happened a lot to me lately, while the values of cryptocurrencies were rising exponentially. In my case, it's a bit different tho because I don't offer online payments (I own a coffee shop), however, I did found a smart POS system ( https://elly.com/pos/en/ ) that allows me to accept crypto as well as standard methods. So far I am very happy with it and would recommend it if anybody else is searching for a similar service.
Thank you all for your responses - very helpful for us to try and understand this better from the business owners point of view.