Accept bitcoin payments

at your Restaurants and Bars

Supported Cryptocurrencies :

Bitcoin

Bitcoin

(7+ payment tools)
Ethereum

Ethereum

(Startting Sept 15,  2018)
Myrillion

Myrillion

(Starting Dec 10, 2018)

Your Restaurants and Bars receives Bitcoins / Ethereums ? 
We convert them to Euros or Us Dollars. No delays. And zero volatility risk.

Why Accept Blockchain Payments?

With ExagonPay, any blockchain payments made to your business get directly deposited in your bank account. Bank deposits can be made in 38 countries, and support all large currencies including US Dollars, Euros, British Pounds, and more.

1 Your customers choose to pay with Bitcoin during checkout.
2 They pay the ExagonPay invoice at a locked in exchange rate, avoiding crypto price fluctuations.
3 ExagonPay instantly converts the coins received, protecting you from any risk.
4 The converted funds are directly transferred to your bank account.

Why Restaurants and Bars use ExagonPay?

ExagonPay allows you to accept payments in Bitcoin and Ethereum and receive funds
directly to your bank account. Bank deposits in 38 countries, settled in US Dollars,
Euros, GBP, and more.

Simple Integration

With ExagonPay, you get access to a powerful, easy-to-install API which allows you to charge customers right from your website, and automatically sends all converted funds straight to your bank account.

Security and Insurance

ExagonPay secures all blockchain transactions against chargeback and fraud, by exchanging all cryptocurrency payments to Euros/US Dollars on the spot.

Daily Payments

Deposits to your bank account are processed weekly. All we need you to do is log-in to your dashboard and either set daily automatic withdrawals, or manually withdraw the funds at your convenience.

How to accept Bitcoin in an Restaurants and Bars?

With ExagonPay, you can easily accept Bitcoin and Ethereum payments for your ICO or token sale operations and receive all funds directly in your bank, either in Euros or US Dollars.

Create an ExagonPay account through our Sign Up page.

1

2

Agree to our Terms and Conditions.

Submit your business documents for verification (may take up to 24hrs).

3

4

Check our developer documentation on how to test and configure our API.

Add your bank information or BTC address for payouts.

5

6

As soon as your business documents are verified, you are free to start receiving blockchain payments.

Accepting Cryptocurrencies is One-Click Away

Why Restaurants and Bars Now Accept Bitcoin Payments?

Accepting bitcoin at restaurants and bars

A developer by the name of Satoshi Nakamoto first proposed the idea for bitcoin to be used as an electronic payment system that was based on a mathematical proof. The means of exchange had to be independent of any authority and could also be securely transferred electronically. The willingness of both parties to accept bitcoin payments makes it acceptable for the purchase of items such as food and drinks. Being a virtual currency, bitcoin rose to public awareness as it blossomed over the years. A fast, transparent and secure mode of payment is essential for the restaurant and bar customers.

Why restaurants and bars are accepting bitcoins

After it was realized to be more than what was expected of it, bitcoin has since its launch in 2009, grown into a means of payment that is slowly being incorporated into more restaurants and bars. This creates convenience for traveling customers who may not have the time to queue in banks. This mode of payment is preferred as no verification is needed. Any individual can send and receive bitcoins from anywhere in the world without the need to have an identification card. Bitcoin transactions cannot also be reversed thus its importance in fighting fraud is evident.

Why restaurants and bars prefer bitcoins than credit card payments

Emerging restaurants and bars have valid reasons for bitcoin preference with some of these reasons being; 

  • Greater security

Cybercrime is one of the main limitations of online payments with emerging cases in hacking and identity theft in credit card companies. Bitcoins are almost impossible to hack due to an ever updated security feature that ensures its safety during transactions and when stored in the wallet. More to that the decentralized nature of Bitcoin ensures that people have direct control over their finances which reduces chances of manipulation like there is in centralized institutions like banks which run credit cards.

  • Lower transaction fees

Low fees during transactions are one of the main reasons as to why restaurants and bars are slowly embracing the use of Bitcoin  as a viable payment option as it has low transaction fees and these fees are not fixed. Low transaction fees are as a result of bitcoin being a decentralized payment option thus no sales taxes are added to any purchase. Bars and restaurants can, therefore, use bitcoin to improve sales by maximizing profit.

  • Brand Reputation

Business reputation is enhanced when a great risk is take in customer satisfaction. Having bitcoins as a payment option ensures that the bars and restaurants stand out from the rest of the competition who may not have made the same changes, therefore, increasing your sales.

  • PR Opportunities

Media attention is achieved when a business decides to have bitcoin as a viable payment option. This is due to the attention from previous encounters with businesses that embraced its use. It is therefore important for bars and restaurants to certify its use in order to raise awareness for their enterprises and businesses.

  • Bitcoin supporters

More bitcoin users are emerging thus creating means for restaurants and bars to create payment options that favor the customer. Bitcoin users are always looking forward to helping one of their own, thus having bitcoin payment option ensures the business gets regular customers who are promoting the movement of the business into a better future.

  • Brand allegiance

With competition always on the rise, it is essential for restaurants and bars to adopt new and efficient payment methods to create convenience for its customers. Bitcoin is the way to go as some of the business customers are familiar with bitcoin transactions thus cementing relationships with these customers is of great importance.

How to accept Bitcoin in restaurants and bars

Accept Bitcoin through ExagonPay. ExagonPay is an online platform which enables businesses like restaurants and bars to receive payments in all popular digital currencies like Bitcoin. ExagonPay converts all payments to either Euro or USD to avoid the volatility in the crypto market.

To begin accepting Bitcoin and all the other digital currencies sign up with ExagonPay. If you want to use the platform for e-commerce then create API credentials but if you want to use it for normal payments or even for donations then create a payment button.

Note that if you want all your payments to be converted into either USD or Euro then you must verify your identity. However, if you want to keep your payments in digital currencies like Bitcoin then verification is not compulsory. Security is the first priority for the ExagonPay team.

The future of accepting Bitcoin for restaurants and bars

Bitcoin is the future of money and therefore early acceptance would be very beneficial for businesses. The sector has some challenges but its benefits are more. It’s expected that within 5 years Bitcoin will be a mainstream method of payment.

Get access to the ExagonPay platform.