Bitcoin has become a significant currency for global trade and exchange of value. The digital currency has created a new trend for payments and brings several benefits to businesses.
So let’s say you want to accept bitcoin as a form of payment for your business. There are two main routes you could use.
You can ask your customers to pay you directly via your bitcoin wallet (link) or get a point-of-sale platform or device to accept bitcoin online or offline.
The most convenient way to accept bitcoin as a business in South Africa is through a payment processor that allows you to keep track of all your revenue and has point-of-sale integration.
These bitcoin merchant platforms are usually easy to use and do not require sophisticated technical know-how. This allows you to focus on your business and spend little time trying to accept payments.
Several platforms exist to help you accept bitcoin at your business, including, KriptoLink, CoinGate, Blockonomics, Coinify, Coinbase, and Bitpay.
Most of these services are based in the US and Europe with little or no support for the South African Rand and financial systems like bank accounts.
KriptoLink – A Merchants Platform Built In And For South Africa
KriptoLink is the best option for you if you intend to accept bitcoin as a business in South Africa. The point-of-sale platform is based in South Africa and built for the South African market.
The KriptoLink terminal combines both bitcoin ATM and POS functionalities to give you an all in one super device that allows you to sell and store cryptocurrency and also accept cryptocurrency payments.
Being able to exchange your cryptocurrencies from your sales is an essential feature, especially considering the volatile nature of the market.
Kriptolink allows you to connect with any exchange of your choice in order to ensure the smooth exchange of funds from one currency to the other.
These devices are built with security in mind. The platform stores no personal information, protecting the privacy of the end-user.
Top Features of KriptoLink Crypto POS Terminal:
1. ATM and POS functionalities in a single device.
2. Integration with global exchanges.
3. Respect for user privacy and security
Further, the KriptoLink platform is compatible with 3rd party POS hardware, which allows you to install their system on your existing POS device.
KriptoLink also has a working partnership with ICEX3 Exchange, BitMart, TrueUSD, and Globee.
Currently, the device is selling at a discounted price as part of the project’s introductory promotion.
Get the latest KriptoLink device: https://kriptolink.com/.
This is a sponsored article (Read our sponsored article policy).
The post How To Accept Cryptocurrency As A Business In South Africa? appeared first on BlockNewsAfrica.
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some BAT
Send Tip now!