Fintech PR

Is your Bitcoin(s) accepted everywhere? (infographic inside)

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All of this information was provided by Bitvavo, a trading platform.

COVID-19, or the Coronavirus as it’s more commonly known, has brought into stark contrast just how convenient and necessary online shopping can be. Specifically when paired with a distributor to door delivery services. In the wake of this pandemic, people all over the globe are trying to figure out how to get what they need to be delivered to their doorstep.

No hassles, no confusion, just there. Especially when considering transactions that might be crossing borderlines, which makes bitcoin more useful than ever. Designed specifically to work as a decentralized, global currency- bitcoin offers users a hassle-free way to deal with merchants and distributors that may be outside of their nation’s borders.

To be able to get in on using bitcoin at these merchants, as well as keep yourself safe from scams and disappointment, you’ll need a “payment protocol” friendly wallet. Usually, merchants will have a “pay with bitcoin” banner or option when it comes time to check out. Clicking on this banner will then give you the option to choose which type of crypto you’d like to use. Depending on which types the merchant accepts. Choose the bitcoin option, enter a refund email address, and pay the invoice.

To pay the invoice- choose the “open invoice in wallet” option. Or scan the QR code provided with your phone. Or finally, copy and paste the payment URL into the address bar of the send screen on your wallet. Once the payment information has been properly inputted, then just verify your payment details and click, or slide, to finalize your payment. Easy.

Where, traditionally, these types of transactions might incur massive exchange fees or take days to process- bitcoin swoops in and saves the day. Giving many users simpler options when it comes to getting what they need. All these major retailers and quite a few more readily accept payment in bitcoin, and will happily fill and dispatch your order all without leaving the comfort and safety of your home.

 

 

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