How to Pay With Bitcoin When Shopping

This article will simplify how to pay with Bitcoin when checking out at crypto-accepting stores. It will also outline the benefits of using blockchain tokens for payments.

Before delving into the details, let’s explore some reasons why people hesitate to pay with Bitcoin when shopping online.

Why People Fear Using Bitcoin for Online Payments

Here are some reasons why people are hesitant to use Bitcoin payment gateways:

Negative Public Perception:
The perception of Bitcoin damages its reputation more than scams or cybersecurity hacks. Many people have strong biases against cryptocurrencies and are unwilling to change their negative opinions. These individuals often base their beliefs on adverse narratives from mainstream media, such as “Bitcoin isn’t real” or “Crypto is a scam.”

Complexity of Blockchain Technology:
Another reason for skepticism is the perceived complexity of blockchain technology. Users must input the correct public address and select the appropriate network when sending or receiving crypto. The slightest mistake can result in a permanent loss of funds. If that wasn’t intimidating enough, the public address (equivalent to a bank account number) is a long and confusing string of characters.

Why More People Should Pay With Bitcoin When Shopping

Despite the negative sentiments, there are many reasons why people should use Bitcoin for everyday purposes like online shopping.

Here are some motivators to encourage you to use crypto:

• Bitcoin is Real Money: In a previous article, we explained the concept of money and why Bitcoin is real money. Over the years, Bitcoin has proven to be a secure and stable medium of exchange and store of value. This stability is due to its limited supply and anti-inflationary mechanisms. In contrast, most fiat currencies lose value over time due to inflation and adverse government policies, such as excessive printing.
• Crypto Payment Solutions are Simpler: The “complexity” of using crypto is more perceived than real. Several crypto payment methods simplify how people pay with Bitcoin. In addition to the standard public wallet address, users can send cryptocurrencies via QR code scans, email addresses, unique user IDs, and more.

How to Pay With Bitcoin When Making Online Purchases

This section explains two ways to pay with Bitcoin:

Option 1: Using a Public Wallet Address

1. Create a Bitcoin wallet account.
2. Fund your wallet.
3. Copy the public address where you want to send the Bitcoin.
4. Paste the public address into your wallet.
5. Input the amount you want to send (remember to account for gas fees).
6. Confirm and send the Bitcoin to the recipient.

Option 2: Using SoftNote, a Cryptocurrency Payment Gateway by Tectum

1. Buy, mint, or fill a Bitcoin SoftNote with the desired amount.
2. Send the SoftNote bill to the recipient via email, user ID, QR code scan, or unique number.

Note: The transfer fee is no more than $1 and is paid using Tectum Emission Tokens.