Are Bitcoin Merchant Accounts the Future?

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bitcoin merchant accounts

Bitcoins a Merchant Account Solutions for a New Age — Bitcoins are considered by many to be the currency of the future. An emerging trend in the payments industry, many consumers are choosing to buy with Bitcoin, with many more merchants choosing to accept the currency in exchange for goods and services. With bitcoin merchant accounts, you can easily accept consumer Bitcoins through your website, and appeal to a wider audience. Here are several advantages of Bitcoin merchant accounts:

 

  • Reliable Payouts
  • High Risk Solutions
  • Free Integration
  • Speedy Application
  • Industry-Low Rates
  • Live Client Support

 

The Benefits of Bitcoin

Bitcoin is a digital currency purchased with actual currencies such as US dollars, British pounds, and more. The digital currency has been heralded as a safer alternative than credit cards when it comes to online shopping. Most transactions cannot be tracked, and the ease of transferring ownership of bitcoins is much easier to handle than waiting for banks to contact each other during a transaction. Despite setbacks, it has shown is has staying power as a legitimate currency.

MIT Awards Graduates With $100 Worth of Bitcoin

MIT announced recently that it will give $100 worth of Bitcoins to its 2014 graduates for education purposes. Students at the institute raised half a million dollars to supply the bitcoins and start the MIT Bitcoin Project. Students will attempt to learn more about the financial wonders of the digital currency.

Bitcoin Merchant Account Application

The application for Bitcoin merchant accounts is easy and streamlined for your convenience. In just a few minutes, you can submit your business information to a merchant account manager. During the application review process, you will work with the same representative for the life of your account. Instabill also offers a free merchant account application for Bitcoin merchants.

Domestic and Offshore Merchant Accounts

Instabill is partnered with many acquiring banks, both in the US and in other countries around the world. This gives us a unique advantage when it comes to merchant services. Having a vast network of partners allows us to serve merchants in many different industries, including those wishing to process and accept bitcoin payments. We can offer both domestic and offshore merchant accounts.

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