“Lee makes a good case for why it’s actually pretty great for retailers. ‘There are lower fees, and you don’t have to worry about chargebacks, which is beneficial for merchants,’ he says. ‘It’s better than Visa or Master Card.’ Indeed, Bitpay has zero transaction fees and only requires a monthly payment. Bitpay also allows for instantly converting the Bitcoin into dollars, so Lee doesn’t have to worry about the recent wild fluctuations. All you need to pay for your groceries in Bitcoin is a phone with a Bitpay or similar app that can transact Bitcoin. Lee puts the dollar amount into his app, which shows the price in Bitcoin. A QR code for the transaction then pops up on his screen, and the customer scans it.”
http://www.businessinsider.com/brooklyn-bitcoin-bodega-2013-11
Tip Freedomwat.ch Staff with Bitcoin