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How to Accept Bitcoin with MixPay in a Cafe Point of Sale (PoS) System

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How to Accept Bitcoin with MixPay in a Cafe Point of Sale (PoS) System

During the past few years, cryptocurrencies have exploded in popularity, with assets such as Bitcoin, Ethereum, Polkadot and Litecoin all growing sizably.

There are thousands of cryptocurrencies, but not every one is accepted on every service. The most popular, Bitcoin, is generally supported everywhere.

What is Bitcoin?

Bitcoin is a decentralized digital currency created in January 2009. Bitcoin is known as a type of cryptocurrency because it uses cryptography to keep it secure.Bitcoin is the world's largest cryptocurrency by market capitalization. Bitcoin is often referred to as "digital gold" by its backers. The term refers to the idea that bitcoin can provide a store of value similar to gold.

As such, it should be no surprise that not only many of the world’s largest companies but also lots of small businesses have begun accepting Bitcoin as payment for goods and services. Every month, new big names such as Dubai café Bake N More enter the party and expand the list of crypto use cases.

Cafe businesses can take advantage of the Bitcoin craze, and they can easily accept digital payments with the help of point-of-sale system. A crypto point of sale system with the option of accepting Bitcoin&Cryptocurrency is needed to keep up. Point of sale for small business is also a smart solution for cafes (or coffee shops) to attract new customers by accepting bitcoin payments.

This became easy and possible using a cafe PoS system integrating with MixPay API.

How to integrate MixPay into a cafe PoS system accepting bitcoin&cryptocurrency?

There are only 3 steps for developers as follows:

  1. Create the payment link with MixPay API or bot(7000101422).
  2. Convert the payment link to a QR code.
  3. Customers scan the QR code to pay and the cafe PoS system look query the payment results.

Click here to get a detailed guide.

For cafe owner

  1. Download and register Mixin Messenger, then add MixPay(7000104220) bot.
  2. Provide your Mixin ID and settlement asset to PoS developers.
  3. Manage assets conveniently in the MixPay bot, like withdrawing.
  4. You can also check the transaction details, balance and review the flow at the MixPay bot.

Simple cafe Point-of-Sale integration with MixPay API will offer your customers an easy way to spend their Bitcoin& any other crypto in your stores.

By QR code, your cafes can accept both fiat and cryptocurrency on the same device(Supported assets). Furthermore, regardless of what crypto your customers pay with, you can choose to accept the crypto you prefer.

What is a cafe Point-of-Sale(PoS)?

POS stands for Point-of-Sale, a system that is used throughout the cafes and retail industry. This computerized system allows business owners to track sales, cash flow, and food inventory and can help simplify your bookkeeping enormously.
In general, a point of sale(PoS) system helps you improve your operations for your customers. This includes reducing waiting time, faster scanning of items, quicker payments, etc. With these operational improvements, customers will tend to get better service and come back to your store for their next purchase.

Bitcoin

Cafes have unique needs when it comes to point-of-sale system functionality, they have sticky label printing, dual cash drawer tills, and drive-thru management.

A cafe PoS system processes and records transactions, and it saves your time and helps you attract both new and existing customers with personalized service. Integrate MixPay into your cafe PoS system, your customers will be able to pay with bitcoin&cryptocurrency when buying from your cafes (or coffee shops) via Mixin wallet or any on-chain wallet (such as Metamask, Coinbase wallet, Bitpay, Trust wallet and so on).

Which cafes accept cryptocurrency?

  1. Dubai café Bake N More to accept cryptocurrencies as payment for purchases.
  2. An Australian cafe is accepting cryptocurrency as a form of payment.
  3. A café opened in Singapore that accepts bitcoin.
  4. Britain’s first cryptocurrency-accepting café sells masala chai, biryani and vada pav.

Why accept crypto with MixPay in your point-of-sale system?

MixPay has chosen to feature the option of point of sale(PoS) as a way to guarantee more flexibility and freedom to its clients. Many merchants have only one crypto payment gateway, which can be inconvenient for some of their customers. Merchants that use MixPay’s services can choose to collect crypto payments in several ways, namely, through plugins, and the crypto PoS system. Thus, they always have the ability to offer several crypto payment methods to their customers.

Additionally, MixPay decided to provide a cryptocurrency point-of-sale system as a solution for small brick-and-mortar businesses that do not have online stores. Point-of-sale system for small business is very convenient.The PoS system enables your clients to pay for goods and services with Bitcoin using their smartphone and any crypto wallet.The main advantage of accepting crypto with MixPay in your point-of-sale system is the convenience and flexibility because of its underlying ability to separate the three parts of quote, payment and settlement.Thus, with MixPay in your point-of-sale system, you PoS machine allows your customers to pay any crypto they own in their any wallet, and you're able to choose preferred settlement currency in the meanwhile. The crypto point of sale system is also simple to use and does not involve building complex infrastructure. Below is the demo of MixPay.

MixPay Demo

Also, the crypto paid by the user is settled directly to your Mixin bot, MixPay user or Mixin Wallet. That is to say, you can integrate MixPay in your point of sale system with no extra fee.It is totally commission-free, which allows you to receive any crypto from any wallets, and you don't need to pay for additional fee, like bank fee or commission fee.

Of course, the specific payment process can be defined by yourself, the MixPay API can meet your needs.
Point-of-sale system offers a lot of benefits, such as quick payments, simple invoicing and the ability to manage your transactions. When the connection with MixPay is completed successfully, your PoS machine can accept crypto with any device, any browser. It will offer your customers an easy way to spend their crypto in your offline store with lots of benefits.

More resources

  1. 7 Best POS Systems For A Coffee Shop Or Cafe In 2022
  2. Best Coffee Shop POS Systems
  3. 5 Best Cafe POS for 2022
  4. Accept crypto donations

    About MixPay

MixPay, Payment for Web3.

MixPay is a decentralized cryptocurrency payment service platform built on Mixin Network. MixPay has the ability to separate payment, quote and settlement in the underlying layer, support any cryptocurrency and fiat currency settlement, support any wallet payment, and provide three settlement modes: individual, developer and multi-sign account. MixPay, Payment for Web3.

MixPay Documents

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