Author Topic: Merchant Account for Bitcoin, how does it actually work?  (Read 2458 times)

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Offline SandraOTopic starter

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Merchant Account for Bitcoin, how does it actually work?
« on: May 19, 2016, 01:06:23 PM »

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I've been researching on bitcoin products & services and I liked the whole concept of bitcoin. It is easier and has lesser transaction fees as well. But I don't understand why basically the banks are hating it, and at the same time people are keeping away from it. I checked on the merchant account option for bitcoin and only few are providing a friendly platform. MerchACT is such one merchant account providers. My major thought was why aren't all providing the same?? It is very much legal, at least that's what my thoughts are, and if all the business are having the merchant accounts which supports bitcoin, it will be great help for the customers. I would love to know more on this?

 

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