23 Feb '14, 10am

Bitcoin in #JO? Turtle Green Tea Bar becomes the first establishment to accept Bitcoin! #Jo #Amman #BeAm…

Bitcoin in #JO? Turtle Green Tea Bar becomes the first establishment to accept Bitcoin! #Jo #Amman #BeAm…

For local establishments, such as Turtle Green, all which was required was a connected device (smartphone, tablet, or PC) to sign up for a bitcoin wallet and they were immediately up and running. As a merchant who caters their services to a significantly unbanked and cash-based population of users, this advancement comes as a significant innovation that would not only allow for transactions to happen at a rate that is an order of magnitude cheaper than credit cards or debit cards (which require a bank account in the first place and are unpopular due to the credit charges and fees associated), it can allow them to streamline and innovate the in-store purchasing experience in ways that were not possible in the past. For example, a customer could pre-order and immediately pay for their tea before setting foot into the store instead of waiting for it after arrival, which is pa...

Full article: http://www.beamman.com/on-the-street/places--/1057-bitcoi...

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#bitcoin

#bitcoin

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