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icon date05th Aug 2020

What Is a Bitcoin Merchant Account?

Many people thought cryptocurrency was just another fad, but it is proving that it’s here to stay. Bitcoin accounts for $6 billion of daily transactions, and the Bitcoin network processes about 300,000 transactions per day. With that said, is your business accepting Bitcoin payments yet?

Before we go any further, let’s explain what exactly a Bitcoin merchant account is.

What Is a Bitcoin Merchant Account?

A bitcoin merchant account gives merchants the ability to accept payments in Bitcoin. They can accept payments from anywhere in the world, on their website, via email, or in person and brick and mortar locations.

Through the CryptoBucks app, merchants can accept Ethereum and Litecoin payments as well. And here’s the best part: there are no fees to accept crypto payments through CryptoBucks with an approved merchant account!

How Do I Get A Bitcoin Merchant Account?

Accepting crypto payments for your business is easy! To get started with a Bitcoin merchant account through CryptoBucks, simply download our app in the App Store or Google Play. From there, enjoy a quick, easy signup process, where you can upload documents, get approved, and get credentials in just minutes!

Why CryptoBucks for your Bitcoin merchant account?

Once you’ve created a merchant account through CryptoBucks, it’s time to start accepting crypto payments and reaping the benefits that they have to offer. Here are some of the things that merchants love about accepting crypto payments through the CryptoBucks app:

  • All sales are converted to USD and paid out in two business days!
  • All crypto transactions are reported as soon as they are processed. Users can monitor the status of all funds, and funds will be transferred directly to your business’ bank account.
  • There’s no risk of customer disputes or chargebacks with crypto payments
  • Crypto processing with CryptoBucks is FREE! That’s right, no processing fees!