Post
Topic
Board Altcoin Discussion
Re: How to accept crypto payments?
by
doomloop
on 01/04/2023, 09:11:03 UTC
I am wondering what are the ways to accept crypto payments in an online business. Should I share my wallet address and ask clients to send payments to it? Isn't it troublesome? Payments could be sent to the wrong wallet address and also it would be difficult to manage the transaction history. What should I do?
It depends on the size of your business, is it a small business with fewer customers or does your business have many customers every day? If it's small, then you should face no problems using your wallet to receive payments by simply printing and placing your wallet's QR code at the place where payments are received, and anyone willing to pay with Bitcoins can simply scan it and send the payment.

If you think your business is large enough for that, you can set up a payment processor that will manage all the transactions and stuff and then you can withdraw your Bitcoins from there or you can even set it to convert them directly to fiat for you.