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Advantages of accepting Bitcoin payments in Africa Print

  • bitcoin payments, crypto in Zimbabwe
  • 0

1.Additional Customers

Ussually, people who use Bitcoin are very supportive of companies accepting Bitcoin.I have witnessed that at Zimwebtech since 10% of our customers are Bitcoin users.

 

2.Lower transaction fees

Most credit card companies charge up to 3% of the transaction as processing fee..whatever they call it and Most Bitcoin gateways charge only 1%- For example Coingate.

 

3.Customer privacy

Bitcoin payments do not rely on trusting the person making the payment, so there is no need to collect private information about your Customers to accept their payments. Bitcoin enables you to do that

4.Irreversible payments

Bitcoin payments are irreversible by design. This means that you can accept payments from any country and be 100% guaranteed that the money you received will not be charged back.I have seen some Ecocash transactions being reversed!


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