Registration (opening) of merchant account for accepting payments in Bitcoins
Having more than 10-year experience in the field of corporate law, the team of Finance Business Service has learned to monitor carefully the trends of development of international business and the needs of modern entrepreneurs. Intensive introduction of digital technologies into the foreign exchange market against the background of the rapid development of online commerce makes a high demand for such a service as the registration of merchant accounts for accepting payments in Bitcoins.
It has become the reason for FBS to open one more innovative and promising direction of its activity, which development the strongest lawyers of the company are working on.
No need for intermediary banks, slowing down the flow of funds to the company’s account.
Work in non-stop mode. Unlike the banking system, Bitcoinomics works without holidays and weekends.
Minimal commission for transactions. The commission for making transaction with Bitcoin is shares of percentage, which is several times lower than the payment of transactions using credit and debit cards.
Simplicity and availability of cross-border payments. Merchant account for accepting cryptocurrencies is a real opportunity for small companies working in e-commerce to enter the international level of sales.
Lack of a single digital bank and, as a consequence, control over operations and payment restrictions.
Protection of personal data. Bloсkchain technology ensures the confidentiality of information about the owner of the purse, which practically nullifies the probability of fraud.
Increasing popularity of mining. The open code of algorithm makes it possible to obtain cryptocurrency for each user who has a computer of the required power and special software.
Irreversibility of transactions. Transaction made with the help of merchant account in cryptocurrency does not imply the possibility of a return of payment, in contrast to payments using bank cards.
Possibility of converting to the fiat types of currency.
Having more than 10-year experience in the field of corporate law, the team of Finance Business Service has learned to monitor carefully the trends of development of international business and the needs of modern entrepreneurs. Intensive introduction of digital technologies into the foreign exchange market against the background of the rapid development of online commerce makes a high demand for such a service as the registration of merchant accounts for accepting payments in Bitcoins.
Dmitry Batrakov
Lawyer Finance Business Service
‘Most of the customers who ask us questions about registration of merchants for Bitcoins want to get a detailed consultation first,’ the lawyer of FBS Dmitryi Batrakov notes, ‘That is, the companies that conduct business on the network have a problem of insufficient awareness: entrepreneurs have already thought about accepting payments in the cryptocurrency, but they do not know about all the advantages that such an option gives on the site. This is due to the fact that digital coins are a new and little-known phenomenon (Bitcoin is not even 10 years old). Therefore, first of all, we strive to give our customers all information about the benefits and risks, so that the owner of online businesses could objectively evaluate the expediency of this solution.’
