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A bit of a related question: What is the best option to offer crypto payments to customers who hold no crypto and are new to crypto? I have a side project in
by sireat 5y ago
A bit of a related question:
What is the best option to offer crypto payments to customers who hold no crypto and are new to crypto?
I have a side project in a domain where I pay about 15-20% for CC verification/foreign exchange/payout.
Huge numbers where crypto should be preferable.
However, even with discounts I can not get any crypto payments. Customers do prefer to use CCs.
I check the crypto payments space every few years but do not see anything remotely user friendly.
Paypal/Revolut/Venmo etc they all offered some benefits/stickiness to the customer.
They were also easy to onboard(for one intially Paypal delayed KYC extra security until later)
I am still looking for a pure crypto solution.
- gwbas1c 5y ago> I have a side project in a domain where I pay about 15-20% for CC verification/foreign exchange/payout. I wouldn't assume that cryptocurrency will solve that problem for you. That's a huge cut, and I suspect if you get a little creative, you could bring that cut down. (Remember that cryptocurrency has its own set of problems too.) > to customers who hold no crypto and are new to crypto > Customers do prefer to use CCs IMO, look for a different credit card solution.
- Geee 5y agoWhere are your customers located at? Using bitcoin is not difficult (it's easier than CC), but acquiring it can be a UX hurdle for new users, and it depends on services that are locally available. In the US, Strike is probably the easiest one to get started. There's also no fees to buy bitcoin. Downside is that it works just in the US and a few additional countries. https://strike.me https://strike.me You can buy bitcoin on Paypal and Venmo, but they can't be used for payments yet.