2014-06-30 Accept Bitcoin with Kiva Logic

date: 2014-06-30 20:55:03+00:00

https://kivalogic.com/blog/wp-content/uploads/2014/06/accept-bitcoin.jpg

Apply today to be part of our early adopters to accept Bitcoin by emailing support@kivalogic.com.

With our new Bitcoin payment feature, customers can easily and securely use Bitcoin to deposit money in their account. Customers will still be required to use a credit card when signing up, but once they do they can deposit as much money as they want using Bitcoin.

Here's how it works:

Once customers are logged into their account they can go to their account settings and click on the Bitcoin button.

kiva-bitcoin-settings

Next, they click on a button that will open a popup that allows them to pay with bitcoin.

kiva-bitcoin-settings2

The popup is powered by Coinbase:

 bitcoin-window2

One your customer has completed the transaction, they will be redirected to a success notification page, and after Coinbase has verified the payment, the customer will receive an email letting them know that their money has been added to their account.

Want to give it a try? Here is what the button behaves like:

Pay With Bitcoin

 Why This is Cool

We see stories on the news constantly about unique businesses accepting Bitcoin, and this could be a great opportunity to get your business on the local news or featured in the press. Bitcoin is growing in popularity has quite a large following with an avid community of supporters that will happily give business to companies that support Bitcoin.

To learn more about bitcoin, watch this youtube video.

What do I do with Bitcoins?

It's up to you. Coinbase conveniently has an option to convert all bitcoins to US dollars every evening and will deposit it right to your bank account. You can also set Coinbase up to keep a certain amount of Bitcoin on hand, or you can choose to keep all of the Bitcoin.

How do I know if someone uses Bitcoin?

There is a new notification setting for admin users that will send you an email anytime a customer deposits Bitcoin into your account. It will give you their name and the amount, and on the admin side of the software you can look at their transaction history to see the bitcoin deposit transaction.

Ok, I Want this for My Customers. Sign Me Up.

  1. Send an email to support@kivalogic.com letting us know that you are interested in applying to our early adopter program to get started.

  2. You will need to create a Coinbase account if you don't already have one for your business. We will give you step by step instructions on to set up your Coinbase account and create your API keys, or if you prefer, we can do it for you.

  3. Done!

If you have any questions or comments, please feel free to contact us support@kivalogic.com

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.