How do in-store purchases work?

247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


I'm familiar with trading Bitcoin on exchanges, but I've always been curious as to how in-store payments work (for example, buying a cup of coffee).

How does the retailer accept payment and verify that you have the funds? Do you need a card similar to eftpos? I didn't think Bitcoin was fast enough for an over the counter transaction.

Regards,

A Hodler.

submitted by /u/EliteDangerous72
[link] [comments]

247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


Leave a Reply