With the Coinsnap Bitcoin Point of Sale solution, small and medium-sized businesses have a simple, secure and efficient way to integrate Bitcoin Lightning payment into their everyday business.

Coinsnap presents Web Point of Sale

Collect payment for 3 drinks and 2 pastries with Bitcoin Point of Sale.Coinsnap presents Bitcoin Point of Sale

5.9.2024 – Coinsnap now offers a new, innovative way for entrepreneurs to accept Bitcoin Lightning payments quickly and easily in the “real” world: With the introduction of the Bitcoin-PoS solution, small and medium-sized businesses such as retailers, restaurants, craftsmen and service providers etc. have a simple, secure and efficient way to integrate Bitcoin Lightning payment into their everyday business – without complicated technology or expensive hardware.

How does the Coinsnap Bitcoin Point of Sale solution work?

The Coinsnap Bitcoin Point of Sale (Bitcoin PoS) solution allows vendors and their employees to accept Bitcoin Lightning payments directly from the web browser of their smartphone, tablet or computer. After logging in to their personal Web Point of Sale page, they simply enter the invoice amount via the convenient input field. The payment amount is then either credited to your Bitcoin Lightning wallet or, if desired, automatically converted into Euro and transferred to the bank account on file.

One of the greatest strengths of this system is its flexibility: sellers do not need to install an app, but simply access their individual Bitcoin PoS page provided by Coinsnap via a browser. This URL can also be shared with employees who can accept payments without having access to the wallet or business accounts.

Why should sellers accept Bitcoin Lightning payments?

  1. Simple integration and use: No complicated technical setup is required. The Bitcoin PoS solution runs on any internet-enabled device and is ready for immediate use after a simple setup in the Coinsnap backend (5 minutes max.!).
  2. Guaranteed payment: Bitcoin Lightning payments are credited to the merchant’s wallet in real time, a chargeback of the payment is technically not possible.
  3. Security for entrepreneurs: employees can accept payments without having access to the company’s finances. It will soon also be possible, for example, to credit employees’ tips or revenue shares directly to their personal Bitcoin Lightning wallets.
  4. Fast transaction processing: Bitcoin Lightning payments are credited in real time, which prevents long waiting times or delays. Sellers can track the receipt of funds directly on their wallet or bank account.
  5. Detailed transaction overview: Coinsnap offers a comprehensive overview of all transactions with the option of exporting data in CSV format – ideal for accounting purposes and documenting business transactions.
  6. No app installation necessary: The entire process can be handled directly via the browser, saving time and resources.

Who is the Bitcoin Point of Sale solution ideal for?

The Coinsnap Bitcoin PoS solution is aimed at a wide range of entrepreneurs – from café owners to retailers and service providers. Especially for businesses that do not have or do not want an extensive technical infrastructure, this solution offers an easy entry into the world of cryptocurrency payments. Thanks to the ability to receive payments in fiat currencies, sellers do not necessarily need to be Bitcoin experts to benefit from the solution.

Conclusion

With the new Bitcoin PoS Bitcoin Lightning solution, Coinsnap offers a forward-looking, secure and flexible payment method for companies of all sizes. Anyone who wants to offer their customers a modern and fast payment option should consider the Coinsnap Bitcoin PoS solution. Especially in times when cashless and digital payments are becoming more and more important, this could be the decisive step towards a future-proof business model.

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About the author

Sebastian Paulke
Sebastian Paulke

...is CEO of Coinsnap's mother company Onlineshop24 DOO, and a business analyst, communications strategist, and technology writer with more than 25 years of experience covering emerging and disruptive technologies.

He has worked closely with consulting firms, blue-chip companies, international startups, academic societies, and industry experts, with his work over the past five years focused primarily on Bitcoin and generative AI and their impact on business models.

At Coinsnap, among his many responsibilities, he particularly enjoys writing about Bitcoin payments and helping merchants understand their practical value—enabling them to make informed decisions and implement Bitcoin payment solutions effectively in their online businesses.