Top 10 Reasons Why should you Accept BitCoin Payments on your eCommerce Site - ThinkTanker

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Top 10 Reasons Why should you Accept BitCoin Payments on your eCommerce Site

With the help of technology, it has become easier for the businesses sot revolutionize the multiple areas of the economy. Also, Bitcoin is one of the most trending technological solutions that have eased down the troubling payment transfer system into something easy and successful.

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What is Bitcoin?

Bitcoin is a peer-to-peer payment network, which allows the money to be transferred from one person to another directly over the internet. This removes the need for middlemen like credit agency or bank in between, and gets control over their funds digitally.

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Top 10 Benifits, which suggest why you must integrate the Bitcoins system into your business model.

1. Less commission

6. Bitcoin works all the time

2. Does not let the payment get delayed

7. Better investment possibilities

3. Easy to integrate, and it is faster and cheaper 4. There is no fraudulent chargeback 5. Global expansion THINKTANKER.IO

8. BYOB becomes easier 9. Win the obstacle of competition 10. Safest technology

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01

Less commission The unwanted taxes and fees on all services and products can be a headache for startups, as it makes a clear rule, that less they pay the better for their margin. However, integrating the bitcoin methodology in their business model, it makes them pay a lesser amount for the commission.

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Does not let the payment get delayed

02

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You should know that bitcoin payments are faster and immediate, and as an eCommerce website owner, you don’t need to wait for a week to get the payment to reflect in your account, once the transaction gets approved, you can see the payment in your account without any delay.

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03

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Easy to integrate, and it is faster and cheaper The time consumes in accepting bitcoin is very fast, and can make the process of integration faster and cheaper for you. By following a few steps, you can add bitcoin payment to your site within minutes with any WordPress plugin.

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04

There is no fraudulent chargeback

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We all know that identity theft is a reality, and that is obvious to be experienced in conventional payment methods. On the other hand, Bitcoin payment is no refutable and can’t be reversed. It clearly means that once blockchain approves the payment, you get the money directly.

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05

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Global expansion When you integrate Bitcoin on your business model, then you don’t have to be bothered about the exchange rates and conversion fees.

Thus technology is global, and anyone on the planet can access, and with the popularity of blockchain projects, it is much wiser for your business to invest in it.

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Bitcoin works all the time

06

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As we know banks have their own limitations and they have and get shut as per the holidays and other strikes, but Bitcoin doesn’t face such troubles. You can access them as per your convenience anytime and anywhere. They are available 24*7 throughout the year, so your payment process doesn’t get hampered.

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07

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Better Investment Possibilities With the Bitcoin, it becomes easier for you to get an excellent investment for your future development. This trending technology is going to stay here and will make changes in different ways.

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08

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BYOB becomes easier When you accept bitcoin in your business model with the help of a Shopify development company, then you get access to a new world, where you can Be Your Own Bank. You don’t need to rely on anybody else but your own business to access and manage your finance.

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09

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Win the obstacle of competition With the help of this new technology, it becomes easier for businesses to carry out the financial mechanism, and this is where Bitcoin will be your savior. Also, accepting this new technology into your system will let your customers get a feel that you are advanced and up-to-date technology.

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10

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Safest Technology You want to save your platform from any hacking invasion, and your consumers also want to access a safe portal. This issue is resolved by Bitcoin technology, as it is supported by the blockchain system and cryptography security.

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Conclusion

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Bitcoin has the power to accomplish the different challenges faced by the E-commerce industry. This technology is an innovative, viable, and promising solution, allowing a vast number of companies to draw the attention of many customers. If you are also planning to implement Bitcoin technology onto your eCommerce platform, then you must contact the best eCommerce development company – ThinkTanker and let your business grow.

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