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71 sats \ 2 replies \ @npub1freed0m 31 Aug 2023 \ on: How to choose how to accept bitcoin in the store? bitcoin
Actually, I would recommend a service that converts to fiat.
This is going to be waaay more amenable to a legally operated business that has a fiat based accounting system.
Once they have taken the (significant) leap to accepting Bitcoin payments, that is when you can begin to work on their transition to just retaining Bitcoin. Both at once is just too much for 95% of businesses.
@darthcoin - I'm ready and cowering!
It depends on the kind of business, I think. A low margin high turnover business would probably need the fiat more readily, until the supply chain is sorted, but a tradesperson for instance, may be able to do a £250 job and just sit on the coin without needing to convert. Gotta tailor the approach to the individual.
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you r tight, however, initially you are talking about a very low volume of transactions (less than 1%), so not necessary to convert
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