Simply put, Bitcoin is digital money which operates outside centralized control of governments and financial institutions. It relies on a peer-to-peer protocol stack, secured by cryptography and math.
Bitcoin is superior to any payment system available today, here is why.
Introducing the implementation of Lightning Network payments with a phone or tablet Point of Sale system is a financially sound decision for any business, since it requires Zero Investment. The Lightning Network is a second-layer scaling solution for the Bitcoin blockchain, which enables fast and low-cost transactions. By implementing a phone or tablet POS system that is compatible with the Lightning Network, businesses can benefit from reduced transaction fees, faster confirmations times, and increased security.
One of the biggest advantages of the Lightning Network is that it allows for much smaller transaction fees than traditional Bitcoin transactions. This can save businesses a significant amount of money in the long run, especially for businesses that have a high volume of transactions.
Additionally, the Lightning Network allows for much faster confirmation times than traditional Bitcoin transactions, which can lead to faster and more efficient checkouts for customers. This can improve customer satisfaction and help businesses to process more transactions in a shorter amount of time.
Furthermore, the Lightning Network is more secure than traditional Bitcoin transactions. Because the network is built on top of the Bitcoin blockchain, it benefits from the same level of security and immutability as the Bitcoin blockchain itself. This can provide an added layer of protection for both businesses and customers. In summary, implementing a phone or tablet POS system that is compatible with the Lightning Network is a financially sound decision that can save businesses money, improve customer satisfaction, and enhance the security of transactions.
Point of Sale Android App
There are different mechanisms available to convert your BTC into cash (Fiat).
Many exchanges allow you to do this and send the funds to your bank account, Bitcoin ATM’s are available as well.
We encourage adopters to use Bitcoin as a medium of exchange however. With time, this will trigger mass adoption and we will all benefit from it.
Around 80% of consumers shop online in 2022. Accepting payments online however, can be a challenge.
We have all been there: you put sweat tears and blood into your business, to get it up and running, grow it, just to have your bank account closed, PayPal holding funds for months at the time, meanwhile you cant accept payments for services you provide. We can go on and on, instead, become your own payment processor.
