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Crypto requests from your customers

Discussion in 'Payment Processing' started by paymenthuddle, May 20, 2021.

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  1. #1
    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!!
     
    paymenthuddle, May 20, 2021 IP
  2. De’Andre

    De’Andre Peon

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    #2
    Credit/debit is what people mostly wanna do but I prefer PayPal
     
    De’Andre, May 20, 2021 IP
  3. sarahk

    sarahk iTamer Staff

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    #3
    Internet banking, PayPal but mostly their banks credit card processor
     
    sarahk, May 20, 2021 IP
  4. paymenthuddle

    paymenthuddle Greenhorn

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    #4
    Thanks for your replies - this is very helpful. Anyone else have customers asking for Crypto as a form of payment to accept?
     
    paymenthuddle, May 21, 2021 IP
  5. Creative_illusion

    Creative_illusion Well-Known Member

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    #5
    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.
     
    Creative_illusion, May 25, 2021 IP
    sarahk likes this.
  6. FrogeHost

    FrogeHost Member

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    #6
    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.
     
    FrogeHost, May 30, 2021 IP
  7. Sanchez_pa

    Sanchez_pa Peon

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    #7
    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. :)
     
    Sanchez_pa, Jun 1, 2021 IP
  8. Leadnetwork

    Leadnetwork Member

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    #8
    I didn't get such a requests, we mostly using PayPal and Wire
    Easy and comfortable for both sides
     
    Leadnetwork, Jun 1, 2021 IP
  9. Sanchez_pa

    Sanchez_pa Peon

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    #9
    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.
     
    Sanchez_pa, Jun 1, 2021 IP
  10. paymenthuddle

    paymenthuddle Greenhorn

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    #10
    Thank you all for your responses - very helpful for us to try and understand this better from the business owners point of view.
     
    paymenthuddle, Jun 2, 2021 IP