Six New Bitcoin Cash Point-of-Sale Solutions for Merchants
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These days it is easier than ever for online merchants and brick and mortar shops to accept bitcoin cash. Today we’re going to introduce six BCH point-of-sale solutions that provide businesses worldwide with the ability to utilize this innovative technology.
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Point-of-Sale Solutions for Merchants Who Want to Accept Bitcoin Cash Today
More people are starting to use the decentralized cryptocurrency bitcoin cash (BCH) for spending because network fees (the cost to send a transaction) are consistently less than a third of a US penny. This encourages merchants to accept BCH because they understand people are willing to use the digital asset, not only as a store of value against fiat, but as a reliable medium of exchange. For instance, on September 1 the BCH network processed more than 2.2M transactions in a community-led stress test and the median cost per transaction (tx) was about 0.001. Market participants willing to spend their cryptocurrency by using the utility BCH offers, gives an online business or mom-n-pop shop a whole new type of clientele.
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Bitpay
Last April the firm Bitpay announced that bitcoin cash support would be added to the firm’s point-of-sale platform. Now BCH can be used by any merchant worldwide with Bitpay’s system and just recently the firm revealed BCH settlement has been added. So with Bitpay’s merchant services not only can users can accept bitcoin cash and get 100% settlement in BCH, they also choose to receive settlement with a variety of local fiat currencies as well. In fact, Bitpay merchants can allocate how much settlement they want in BCH and how much they want in fiat, which gives the merchant the ability to avoid cryptocurrency price fluctuations.
This is the source: https://news.bitcoin.com/six-bitcoin-cash-point-of-sale-solutions-for-merchants/