Shopify Merchants Can Now Accept Bitcoin

Very exciting.<p>I think they could further enhance merchant adoption by rewriting with an even more laser beam focus on the &quot;benfits&quot; vs. the &quot;features&quot;<p>Eg eliminate the top paragraph entirely and rework their current bullets to something as simple as:<p>- - - -<p>Start accepting Bitcoin today and you&#x27;ll:<p>a) Get paid your full retail price in your local currency (or in Bitcoins if you prefer) settled daily.<p>b) Pay less than half the fees of a normal credit card transaction (about 1%).<p>c) Never receive another charge back.<p>Click here to add Bitcoin to your store right now.<p>- - - -<p>The wording isn&#x27;t perfect ( particularly bullet (a) ) but you get the point.<p>The &quot;positioning&quot; of Bitcoin as a currency is hard to understand for most merchants and ALWAYS leads to questions about volatility etc.<p>So in the spirit of &quot;Don&#x27;t make me think&quot; anybody building Bitcoin as a service startups should work hard on messaging.

Shopify rules. It seems like every week, they roll out another cool new feature. Shopify Payments and POS got a lot of attention here, but another excellent recent feature is gift cards! Gift cards are SO nice to be able to sell during the holidays.<p>I also have a fraud-screening app that is tightly integrated with Shopify: <a href="https://www.merchantprotector.net/" rel="nofollow">https:&#x2F;&#x2F;www.merchantprotector.net&#x2F;</a>

&gt; You can choose to receive your payments in Bitcoins (paid into your Bitcoin wallet) or paid in your local currency directly into your bank account every business day.<p>If you choose to receive local currency, what rate do you receive? Are you guaranteed a rate? Does it fluctuate daily (and as a result, can you quote prices so that they change daily as well?) and do you know the rate in advance?

We were looking at adding Bitcoin to our startup but worried about the volatility. What if all our customers paid in Bitcoin and it crashed?<p>The reverse is also true - we might gain upside if the price continues to Skyrocket - but how do you protect yourself from this?

So if someone is running conversion tracking at checkout for analytics etc... what currency gets reported? The post says:<p>&quot;You can choose to receive your payments in Bitcoins (paid into your Bitcoin wallet) or paid in your local currency directly into your bank account every business day.&quot;<p>If your shop currency is set to GBP but someone pays in BTC, what gets populated if using {{ shop.currency }} and {{ total_price }} for example?

This is very interesting. Half of my customers are international and accepting Bitcoin might increase that number.<p>Definitely going to check this out.

Pretty cool but I wish either that they had integrated with coinbase instead of bitpay, or that bitpay would hurry up and approve or deny my 3 week old application.

Awesome now people can spend their bitcoin!!!! Good luck finding that kind of people.

It took over 3 years for Shopify to develop gift cards...and how long for Bitcoin?

Is there a way to do recurring payments with Bitcoin yet?