The covid 19 pandemic has unveiled to the world the need of using the QR code for payment for goods and services, and the bitcoin cash QR code remains the best because of its speed in a transaction and lesser fee for using and accepting BCH as a mean of payment. The bitcoin cash QR code is specially designed for merchants to use in buying and selling goods. It is, therefore, necessary to understand the uses and benefits of the BCH QR code to pave way for merchants onboarding easily. A merchant needs to understand how the QR code works and the benefits of using BCH, and as a bitcoin cash BCH user who aspires for global adoption, it is our collective efforts to educate our local merchants on the uses and benefits of the BCH QR code. Without a proper understanding of the QR code merchants stands in doubt about accepting cryptocurrencies as payment. The BCH QR code, therefore, represents the nucleus of onboarding merchants into the Bitcoin cash ecosystem.
Bitcoin cash BCH was created to be sound money that can be spent without having to first exchange it to other Fiat currencies, and the only way that can be possible is when more merchants start accepting BCH as payment for goods and services. Individuals with BCH wallets can exchange addresses to receive BCH, but that will be time-consuming for a merchant who has so many people to attend to. Displaying the BCH QR code at a visible location in a merchant shop makes it accessible for everyone to scan and pay for goods and services easily without the stress of manually counting Fiat currencies or exchanging bank accounts to receive payment. An advantage the BCH merchants stands to enjoy over others who accept only Fiat currencies as payment.
The benefits of using the BCH QR code as a merchant
1. Eliminate the involvement of the bank
Using the BCH QR code as a mean of payment eliminates the involvement of the bank in your business transactions and give you complete freedom in your financial dealings in business. It's a peer to peer transaction without any intermediary. The BCH paid through the QR code goes to the merchant wallet and only the merchant can access it, no bank manager nor Interpol can know about it now and forever.
2. The BCH QR code for merchants erased the need for physical cash flow in the market
Receiving and counting money is one tedious aspect of a business, but with the BCH QR code for merchants, no one with BCH needs to go to the market with physical cash. This saved the merchant time and energy as every payment received in BCH lands in the merchant wallet in seconds.
3. The BCH QR code for merchants is the fastest and safer way of payment
Every cryptocurrency wallet has a QR code but the BCH QR code remains the fastest and safer way of payment involving crypto. Receiving payment in BCH only takes a few seconds and that with a lesser transaction fee. The merchant can enjoy these benefits only on the Bitcoin cash network.
4. Easy and more secured payment gateway
The BCH QR code for merchants makes financial transactions easy and more secure. Customers can quickly and easily scan the QR code for payment and every payment received goes to the merchant BCH wallet.
5. Global recognition
Displaying the BCH QR code on a merchant shop makes that business a global one. It means anyone anywhere can send payment to any merchant using the QR code. This is a big advantage to local or small business owners who are not able to integrate any of the available online payment systems into their businesses due to the cost of procuring such services. Moreover, merchants who accept BCH by using the QR code enjoy the benefit of being promoted worldwide.
6. Using the BCH QR payment system is free
There is no cost any merchant has to pay for using the BCH QR code payment by accepting BCH. Merchants don't need to pay a fee for using the Bitcoin cash payment gateway and for accepting BCH. Unlike other payment gateways that charge merchants for using their systems in their businesses, Bitcoin cash BCH is a currency, and accepting its system of payment is the same as accepting the currency.
With the above and many more other benefits of using the BCH QR code, we can easily convince merchants locally and internationally to accept BCH as payment for goods and services. Moreover, the world is going into the digital age fully and every industry and company is switching to one digital payment gateway and the other. This is the time for every Bitcoin cash BCH lover to get involved in the onboarding process of merchants into the Bitcoin cash network. Few individuals have started this great task and with a great slide as well. @georgedonnelly is doing a great job with the Bitcoin cash site for the onboarding of merchants worldwide. Also, @SatoshiAngel doing her best in seeing BCH become a globally accepted currency. Her task on her webpage speaks volumes of this.
We can not just fold our hands and watch only a few individuals working tirelessly to onboard merchants into the Bitcoin cash network, all of us who genuinely believe in BCH must get involved locally to bring our local merchants into the Bitcoin cash ecosystem. Doing this is much beneficial to every BCH user. With more merchants accepting BCH as payment locally and internationally we will not need to pay higher transaction fees to exchanges and the real purpose of BCH as peer to peer payment system would come to fruition.
Our work as individuals should be not just about gathering more BCH in our wallets but more on how that coins we have in our wallets can be used the way it was meant to be, as sound money for buying and selling of goods and services. We can help in this process by initiating contact with local merchants, teaching them about Bitcoin cash BCH, and the use of QR codes for receiving BCH payment. A little drop of water makes an ocean they say, we can start little by visiting that your local merchant where you buy goods all the time. Also as a BCH lover that has a business either online or physically you can start accepting BCH in your locality, and it doesn't cost much to make a sizeable banner to let people know you are accepting BCH as payment. You can get enormous benefits for accepting BCH in the long run as BCH increase in value.
Bitcoin cash BCH is money on its own meant to be used for transactions involving goods and services. BCH is a currency same as the Dollar, EURO, Pound, Yen, etc. Bitcoin cash BCH focuses on peer to peer transaction across the globe, eliminating any intermediary. The fiat currencies have failed, this informed the reason why global digitalization is what the world is pushing into. A cashless economy is eminent and we must prepare for it by getting more merchants into the Bitcoin cash community. Are you a merchant or you have a merchant close to where you live, take the initiative today to reach out to them and teach them about BCH. I have decided to start accepting BCH in my local business. I deal with men's fashion and I shall be making a banner to create public awareness in days to come.
If you are not sure of any merchant to reach out to check the list below to see if there are any such businesses near you.
SCHOOLS
HOSPITALS OR HEALTH CARE CENTRE
PHARMACY
SHOPPING MALL
MAIN MART
SAND AND GRANITE SUPPLIERS.
FASHION DESIGNERS
FOODSTUFFS SELLER
BLOCK INDUSTRIES
REAL ESTATE AGENTS
PROPERTY SELLERS
CAR DEALERS
CONSTRUCTION COMPANIES OR ENGINEERS
BARS AND ENTERTAINMENT HOUSES
PLUMBERS AND PLUMBING MATERIALS SELLER
PHOTOGRAPHERS
PAINTS AND BUILDING MATERIAL SELLERS OR SUPPLIERS
FROZEN FOODS SELLERS
RESTAURANTS OWNERS
SPORT VIEWING CENTRES
DRINKS SELLERS AND SUPPLIERS
PROVISION SELLERS AND SUPPLIERS
PHONES AND LAPTOP SELLERS
CLOTH AND FABRICS SELLERS
KITCHEN UTENSILS SELLERS
ELECTRONICS SELLERS
PLANK AND SAWMILL MANAGERS
PAINTERS AND WELDERS
AND LOT MORE.
If you have any of the above businesses near you get started today by visiting any with the purpose of onboarding them to accept BCH for payment in their businesses.
