Just about everywhere you go in LA, you will see a Bitcoin ATM in Los Angeles. At first, some people thought that these ATMs were gimmicky and had the goal of promoting Bitcoin. However, it is become clear that for many people, Bitcoin is a serious currency.
What are the advantages of purchasing products with Bitcoin? One of the biggest things that draws people to a Bitcoin ATM in Los Angeles is the payment freedom. You can send or receive Bitcoin at any time and from any place in the world. You don’t have to worry about bureaucracy. You don’t have to worry about borders, governments, or currency exchange. With Bitcoin, you have 100 percent control over your money.
Merchants like Bitcoin because the transactions are secure and cannot be reversed. Additionally, merchants are not responsible for a customer’s personal or sensitive information. Merchants don’t have to worry about fraudulent chargebacks or other issues with fraud. PCI compliance disappears.
Merchants are able to expand their markets to places where credit cards are either not available or the rate of fraud with credit cards is high. The end result is lower fees, fewer administrative costs, and a larger market.
Bitcoin gives users complete control of their transactions. When you use a credit card, it is the merchant that pulls the money from your account. With Bitcoin, you are the one pushing the money to them.
Learn how RockItCoin Bitcoin ATM is making it possible for individuals to get access to Bitcoin thanks to their user-friendly kiosks when you visit their website.
