As many of you are aware, smart phone technology has rapidly changed the way many of us operate aspects of our lives.
Another development that you may wish to consider if you have a customer facing business is your customers paying for their goods or services using their phone.
Like a bar code you can scan an app on a smartphone or tablet that will enable you to take payment. This has been successful with E-tickets for boarding flights for the past couple of years.
I suspect this will be greeted with somewhat apprehension at first by businesses to adapt to this service, but the advantages are no credit card processing fees saving you money, no cash taken over the till and an increasing younger technology based customers looking to embrace this technology who may come to your business to use this.
The demographics of customers using Bitcoins would be aged between 20-50 primarily.
If you wish to learn a little more about this expanding technology I have found this link for you: https://bitcoin.org/en/choose-your-wallet
I am sure we will revisit this over the months ahead. If you have any thoughts on this please feel free to share!
