POS Terminals for Merchants: Accept Crypto In-Store Easily

We often claim that cryptocurrency transactions are an advantageous and secure way of receiving payments from customers. It’s easy to start accepting crypto for e-commerce, but how is it possible if you own an offline store or cafe? Fortunately, there is a smart solution for those merchants — POS terminals with the option of accepting cryptocurrency.

How to Accept Cryptocurrency In-Store?

You may think that working with cryptocurrency for a small business like coffee shops or retail outlets is complicated and even impossible. Actually, that’s not true: even the smallest corner shop in a small town can attract new customers by accepting cryptocurrency payments. This became possible with the special POS terminals created by Cyclebit.

Cyclebit terminals allow merchants to accept both cryptocurrency payments from customers’ digital wallets and traditional cards. Plus, merchants can manage sales processes in a handy back office in the cloud. Moreover, the Cyclebit terminal gives an opportunity to sell cryptocurrency directly in local stores.

Cyclebit terminals fit all businesses which accept payments in points of sale like stores, cafes, restaurants, and even service companies (e.g. barber shops), etc. Furthermore, such terminals allow us to kill two birds with one stone: to use one terminal both for fiat and cryptocurrency payments by QR code, credit cards, and contactless.

Why Does Cyclebit Fits Merchants the Best?

Cyclebit is a smart solution for the retail to accept cryptocurrency payments. Cyclebit terminals are both for newbies and those who own business for a long time and keen on attracting new clients and business expansion.

Cyclebit POS terminals have a wide range of advantages over traditional payment terminals and solutions for in-store cryptocurrency payments:

• it allows merchants to accept the top cryptocurrencies BTC, LTC, BCH, ETH, DASH for goods and services. This week FOIN was added to this list.
• Cyclebit POS is the one device for all transactions — it can accept both crypto and fiat payments on the same device.
• it has a convenient cloud-based management system for merchants — so all transactions get displayed per every unit time.
• wide opportunities for integrating with necessary accounting systems.

Wide Range of Functions

In addition to the physical terminal, which allows accepting payments, merchants get access to the various functions and opportunities:

— they can manage their business processes in a cloud-based system. Goods, services, orders, balances, POS devices, and employees — everything is under control. Sales reports are accessible in Cycle Dashboard.

— they receive the new “goods” — digital currencies and tokens which they can sell upon the request of customers.

— they get rid of intermediaries: cryptocurrency payments, encrypted in line with PCI DSS standards, go directly from customer to merchant.

— they can provide loyalty programs for customers, managing clients and searching them by phone or loyalty card number.

— the Cyclebit solution for merchants includes ready-to-work POS terminal with a pre-installed app, built-in receipt printer, 2D-scanner, and various card reader options, including contactless.

How to Implement Cyclebit terminal Into the Business?

Now, what is most interesting is that you can get a Cyclebit terminal for your business from our company. After integrating FOIN into the Cyclebit ecosystem, it has become possible for us to provide the Cyclebit terminals to every interested merchant. All you have to do is just to fill in the form, and our managers will contact you telling all details about the integration process.

By ignoring the tendency of cryptocurrency payments to increase, you rock the boat of our business. If you haven’t wondered about crypto payments for your business before or the other way about — you are thinking about it for too long, the right time for it is just now. So, if you don’t want to miss the moment — start working with crypto today!