Post
Topic
Board Press
Re: [2015-08-02] Restaurant Owners Can Greatly Benefit From Bitcoin Payments
by
medUSA
on 03/08/2015, 11:17:13 UTC
http://digitalmoneytimes.com/crypto-news/restaurant-owners-can-greatly-benefit-bitcoin-payments/
“Since we started working with virtual money, we have had several customers pay that way and on the marketing side, it was a hit.

It's the novelty effect at play here. I would imagine they would actually be at a loss every time they accept bitcoin payment. The restaurant can save 3%-5% from card fees, but they could loose out on exchange rate and conversion fees. Bitcoin a great marketing tool. I would dine in one of these restaurants if I have a chance and have fun spending bitcoin.

I hope they accept zero confirmation payments? I do not want to wait around for confirmations. We all know there is no telling when the next block will be mined.  Cheesy