Collects questions about paying in meat-space: Physical stores, hotels, restaurants, and trading in person.
Questions tagged [face-to-face-payment]
11 questions
40
votes
5 answers
How do I accept bitcoin payments at a real world store?
From what I understand, there are some requirements for using bitcoins at a physical store:
Both the store owner and the client must have Internet access
The client must have a cellphone or a laptop to issue the payment
The seller must have a way…
nmat
- 11,479
- 14
- 50
- 78
17
votes
1 answer
What are the risks of exchanging Bitcoins via Near Field Communication?
What are the risks of exchanging Bitcoins via Near Field Communication? The transaction Parameters might be negotiated via NFC and the actual transaction via Internet.
Thor
- 1,027
- 1
- 9
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15
votes
1 answer
Is Bitcoin suitable for fast transactions, eg in shops?
Let's say all usability problems were solved. I'm imagining something like shops with tills that present QR codes for the amount and payment address for a transaction, and mobile clients exist that can scan them and present and easy Pay / Do Not Pay…
Ash Moran
- 849
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12
votes
2 answers
Can a merchant using Square Register accept bitcoins?
Square's marketing department appears to be successful at convincing some retailers to chuck their old register and instead buy an iPad, receipt printer and cash drawer and use the Square Register app instead.
Can this same set of hardware be used…
Stephen Gornick
- 26,990
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- 141
5
votes
2 answers
Double Spending before confirmation
What's to prevent someone from using bitcoin at a store like subway and double spending to buy the sandwich before a confirmation is made? Since subway obviously isn't going to wait for a confirmation, can't a person send bitcoin to subway and at…
John
- 51
- 1
3
votes
4 answers
Are Bitcoin transactions really "frictionless" given confirmation time?
One of the big selling points for Bitcoin is that transactions are frictionless. I understand this to mean that there is no middleman to take a cut. However, there are 2 major frictions I see.
1) Clients are difficult to use for "non-techies". …
noctonura
- 175
- 4
3
votes
4 answers
What is necessary for a Hotel to accept Bitcoin as a payment method?
I manage a hotel and the owner is interested in using Bitcoin as a payment option. How can we start to use this option and what will we need? There are multiple hotels he owns and would like to eventually get all of them using this option as well.
user12461
- 31
- 1
2
votes
2 answers
Why should retailers prefer bitcoin over other cryptocurrencies that have shorter confirmation time?
Considering that,
waiting 10 minutes for confirmation is too long in the retail world;
"zero confirmations" will become more risky once bitcoin popularity is high enough and people come up with services (automatic scripts) that try to do massive…
Sparkler
- 123
- 3
2
votes
2 answers
How do BTC payments work at real-world shops?
At CoinMap, I can find several coffee- and other brick-and-mortar shops that apparently accept bitcoin payments. How do these transactions work? Do I have to stand at the counter for 10 minutes and wait until transaction gets confirmed, do they use…
che
- 166
- 5
1
vote
2 answers
How would a restaurant accept Bitcoin?
How would a customer pay either the whole bill, or just the tip in Bitcoin?
What technology is best suited for this? (pay by barcode)
Must the waiter have an iPhone wallet as well?
How would the restaurant associate payments to customers?
makerofthings7
- 12,656
- 11
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- 129
1
vote
0 answers
Does a vendor have to wait 10 minutes before a transaction is confirmed?
I understand that a Bitcoin transaction, by design, will get one confirmation after an average of 10 minutes. Does that mean that a vendor that accepts Bitcoins will have to wait 10 minutes for a transaction to confirm? Let's say I am a sandwich…
athinggoingon
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- 1