Questions tagged [face-to-face-payment]

Collects questions about paying in meat-space: Physical stores, hotels, restaurants, and trading in person.

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12
votes
2answers
1k views

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 ...
2
votes
2answers
352 views

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 ...
17
votes
1answer
353 views

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.
3
votes
4answers
482 views

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) ...
1
vote
0answers
53 views

Does a vendor have to wait 10 minutes before a transaction is confirmed? [duplicate]

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 ...
5
votes
2answers
701 views

Double Spending before confirmation [duplicate]

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 ...
2
votes
2answers
372 views

How do BTC payments work at real-world shops? [duplicate]

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 ...
37
votes
5answers
2k views

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 ...
15
votes
1answer
641 views

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 ...
3
votes
4answers
277 views

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 ...
1
vote
2answers
908 views

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 ...