Bitcoin @ Atomic Mall
Atomic Mall is excited to announce the integration of Bitcoin
digital payments to our marketplace for select merchants.
Bitcoin is both a payment system, and a new type of money. It uses peer-to-peer technology to operate with no central authority or banks to control key components like money
supply, processing fees or spending limits. The management of
transactions and the issuing of new bitcoins is carried out collectively by the network. Bitcoin is open-source and its design is public. Just like the internet itself,
no single entity owns or controls Bitcoin, and everyone can take part. Through many of its unique properties, Bitcoin allows
exciting uses that could not be covered by previous or existing payment systems:
- The Lowest Fees
Bitcoin's high cryptographic security allows it to process transactions in a very efficient and inexpensive way. You can make and receive payments using the Bitcoin network with zero or very small fees (< 1%).
- Protection Against Fraud
Any business that accepts credit cards or PayPal knows the problem of payments that are later reversed. Chargeback fraud results in limited market reach and increased prices, which in turn penalizes customers. Bitcoin payments are irreversible and secure, meaning that the cost of fraud is no longer pushed onto the shoulders of the merchant.
- Fast International Payments
Bitcoins can be transferred from Africa to Canada in 10 minutes. In fact, bitcoins never have any real physical location, so it is possible to transfer as many of them as needed, anywhere in the world without limits, delays, or excessive fees. There are no intermediate banks to make you wait three business days, or assess sending and receiving fees.
- Free Visibility
Bitcoin is an emerging market of new customers who are searching for ways to spend their coins. Accepting them is a good way to get new customers and give your business some new visibility. Accepting a new payment method has often shown to be a great way for online businesses to generate more sales and brand awareness.
- Micro Payments
Want to sell that 25¢ baseball card, or a $1 USB cable? Sellers of inexpensive items who previously could not afford to list their items can now offer micro-priced merchandise for sale online, without concern for profit lost to exorbitant "minimum" fees associated with mainstream electronic payment methods. Bitcoin has NO fixed base fees whatsoever... only a small (1% or less) processing fee for 3rd-party integrators like Bitpay.
- Consistent Growth
Bitcoin is becoming accepted by a growing number of online + brick & mortar businesses daily. From pizza restaurants in New York City, to taxi cabs in London, to online giants like Wordpress. There are even Bitcoin ATMs emerging across the globe! The word is out about Bitcoin, and buyers and sellers alike are taking notice of this new and efficient way to pay for goods and services.
- Smartphone Friendly
Since Bitcoin transactions are completely digital, payments can easily be completed through the use of a QR code and your mobile device - both online and at real world locations. Payments take only seconds!
Atomic Mall integrates with Bitpay.com to process Bitcoin payments for your store
- Fast, Simple and Easy
We've done all the server-side coding for you. All you have to do is plug in the API Key provided by Bitpay to begin accepting Bitcoin payments @ your AM store!
- Bank Direct Deposits
Unsure about keeping your funds tied up in Bitcoins? No worries. Bitpay can send a direct deposit to your bank account at the end of every business day in your
- The Lowest Fees
While no fee is required to send a direct person > person Bitcoin payment, Bitpay charges 1% to process your payment transactions as a 3rd party integrator.
There are NO monthly fees for the basic merchant package, and you can even choose an upgraded package with 0% transaction fees.
Ready to get started? Explore the Bitcoin Startup Guide
and your store can be "Bitcoin Ready" in no time!
Bitcoin is quickly positioning itself as the most efficient and lowest cost gateway for buyers & sellers interested in bankless, peer-to-peer transactions. Take
advantage of this dynamic new asset to improve your sell-thrus and begin converting Browsers to Buyers!