Bitcoin(BTC) is becoming more well-known every day, and more brick-and-mortar stores are choosing to offer it as an alternate method of payment alongside credit cards and cash. Accepting bitcoin(BTC) in brick-and-mortar stores does have significant benefits for merchants, as bitcoin and other cryptocurrencies are a faster and cheaper monetary exchange for merchants providing any services or goods. As a brick-and-mortar milktea shop owner, you may want to join these brick-and-mortar stores to be ahead of the news, positioning your brick-and-mortar milktea shop to serve the increasing number of crypto-paying customers. Brick-and-mortar stores can accept bitcoin in a different ways. MixPay is here to provide you with the best crypto offline payment - A QR code or Point of Sale System.
What are Brick-and-Mortar stores ?
The term "brick-and-mortar" refers to a traditional street-side business that offers products and services to its customers face-to-face in an office or store that the business owns or rents. Brick-and-mortar stores refer to businesses that have a physical building to sell their goods, rather than relying solely on the internet. Many consumers still prefer to shop and browse in a physical store. In brick-and-mortar stores, consumers can speak with employees and ask questions about the products or services. Brick-and-mortar stores have the ability to offer experience shopping whereby consumers can test a product such as a video game or laptop at Best Buy or have lunch in Nordstrom's cafe while shopping at the store. Brick-and-mortar businesses also provide consumers with instant gratification when a purchase is made.
Why accept Bitcoin(BTC) in your brick-and-mortar milktea shop?
If lots of your customers coming to your brick-and mortar milktea shop are engaging with Bitcoin(BTC), then why not make it a part of your message? So, what benefits will Bitcoin(BTC) bring to you?
Accepting Bitcoin(BTC) on your website can grow your customer base. It plays into your brand identity, then in some people’s eyes, it’s going to show you’re an innovative, cutting-edge company that’s not afraid to embrace new technology. Being known as a brick-and mortar store that accepts Bitcoin(BTC) will attract new customers.
The other great thing about accepting bitcoin and other cryptocurrencies is that it can reduce your costs to accept customer payments.
One of the primary goals of any business is to keep your costs low while still maintaining quality. With a proper crypto payment gateway-MixPay, transaction fees can be negligible, instant, and not reversible by the sender. This gives you the benefit of eliminating chargeback fraud. Also, funds are available immediately because there is no third party involved such as a bank to wait for funds to settle and be sent to your account. You can see that the funds were receive and use them without waiting days or weeks.
All in all, if you do decide to accept Bitcoin(BTC) on your site, then financially it can be rewarding too.
How to Accept Bitcoin(BTC) Payments in a brick-and-mortar milktea shop with MixPay
Brick-and-mortar retailers can accept cryptos from your customers in two very easy way with MixPay - A QR code or Point of Sale System. With a few minutes and you can start accepting Bitcoin(BTC) payments.
Option 1：The way to accept cryptocurrency payment in a brick-and-mortar milktea shop with the MixPay QR code
- Download the Mixin Messenger and sign up.
- Search for MixPay bot ID (7000104220) in Mixin Messenger, and add this bot as a contact.
- Customized permanent QR code in MixPay and show your QR code to customers or post the payment QR on your store.
Visit here to get a full guide
Option 2： The way to accept cryptocurrency payment in in a brick-and-mortar milktea shop with the Point of Sale System using MixPay
3 steps to integrate MixPay into a milktea shop PoS terminal accepting bitcoin&cryptocurrency:
- Create the payment link with MixPay API or bot(7000101422).
- Convert the payment link to a QR code.
- Customers scan the QR code to pay and the milktea shop PoS system look query the payment results.
Click here to get a detailed guide.
Simple brick-and-mortar stores Point-of-Sale integration with MixPay API will offer your customers an easy way to spend their Bitcoin& any other crypto in your brick-and-mortar milktea shop.
By QR code, your brick-and-mortar milktea shop 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.
Bitcoin(BTC) Payments and Brick-and-Mortar Businesses
In recent years, the Bitcoin(BTC) industry has flourished. The total market value of various currencies is more than 2 trillion US dollars. They can be traded in hundreds of centralized and decentralized brick-and-mortar businesses. Bitcoin(BTC)and other cryptocurrencies have been used as a digital payment mode in many industries, customers can not only use Bitcoin for their online services but also pay Bitcoin in lots of brick-and-mortar businesses as well. Many brick-and-mortar businesses have started providing Bitcoin(BTC) payment options for their existing customers or potential clients.
With the help of blockchain technology, Bitcoin has revolutionized digital payment systems. Over the years,Bitcoin(BTC) has proven to be an accessible, safe, and efficient mode of payment for people worldwide in different brick-and-mortar businesses.
Brick-and-mortar Businesses that Accept Bitcoin(BTC)
If you are interested in paying with Bitcoin(BTC) in brick-and-mortar stores, here are a few brick-and-mortar stores accepting Bitcoin(BTC) payments that you can find.
- Dubai café Bake N More to accept Bitcoin(BTC) and several main popular cryptocurrencies as payment for purchases this year.
- Pizza Hut Venezuela accepts Bitcoin（BTC)& Cryptocurrencies as a form of payment.
- One of the first brick-and-mortar store to accept Bitcoin(BTC) payments was food and beverage, Subway accepts offline crypto payments.
- The largest taxi service company Cooperativa Radio Taxi 3570 in Italy, accepts Bitcoins from the passengers.
- Partnership Announcement — MixPay Initiates Cooperation with Happy Lemon to Accept Cryptocurrency Payments in Dubai
- What Is a Brick-and-Mortar Store? 6 Types of B&M Businesses
- Who Accepts Bitcoin as Payment?
- Bitcoin Shopping Guide:Stores That Accept Ceryptocurrency
- What is MixPay? Why MixPay?
MixPay is a decentralized cryptocurrency payment service platform built on Mixin Network. MixPay can 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-signature account. MixPay, Payment for Web3.