There are many factors that go into getting a business to successfully onboard with Bitcoin Cash. In this guide, we will go over how to identify the right types of merchants, what to say and do, and how to get them accepting Bitcoin Cash. Before we begin here are a couple of friendly reminders. Dress well. Business owners will judge your appearance. Remember you are representing a much larger community, and do your best. The community is your strength. If you run into a problem, a snag, a question you cant answer or anything else don’t worry. You have the support of the Bitcoin Cash community. Lastly Brush up on this guide, competence is confidence. Your knowledge is your value.

Identify the Right Market

Knowing who is likely to onboard is key. Most large corporations have their own internal HR departments which handle payment types. It doesn’t matter how long you talk to them, big stores simply do not have the control over their practices, and they wont make the switch until their HR department tells them to. (Examples: Walgreen, Walmart, GameStop, Mcdonalds) These businesses are not who we are able to help. Small businesses are the ideal market. They have direct control over their finances and payment types, with staff that is usually directly available. (Example: Delis, Art/Dance studios, Print shops, Auto Repair, candy stores, Digital Media, Resale shop, flower shops, Tattoo, Music)

What To Say and Do

So you’ve just walked into a music store, local place, and the owner comes out to talk to you about Bitcoin Cash. He’s heard about bitcoin, doesn’t know much about it, but something about internet money, dark web, and hackers. He asks, “What is this Bitcoin Cash again”

Go.

The most important thing to lead with is this. The Bitcoin Cash Market is currently 43 billion. We are not asking them to buy Bitcoin Cash, just to accept it from others who have it. We want to help them create a way for that 43 billion to get to their business. Inevitably the next question is always about how to convert to US dollars. Through BitPay, the merchant can set up how much they keep in crypto vs dollars. Most merchants choose to always convert everything instantly to US Dollars. This way, they never really hold the Bitcoin Cash, they face almost no market fluctuation, and the fee is low. Its important to remind them, that on their end, it will come through as dollars. (more on Bitpay later)

Bitcoin Cash is not hackable as long as you control the private key to the wallet. This is an important point to make due to bad press about exchange hacks. The average user wont know what you mean, so always re-iterate, Keep your private key Safe!

Bitcoin Cash is OK to use and accept in the United States. Any business should be familiar with AML and KYC laws. Compliance is often built into their Point of Sale device. Using BitPay they can import directly into quickbooks for accounting.

Merchant Agrees to Accept Bitcoin Cash, Now what?

The best program out right now for merchants is Bitpay. Bitpay is fairly easy to understand, but a few of its best features require a little digging. While most merchants may choose to setup their Bitpay account by themselves, some will want help. Remember to look away when the business owner is putting in his private information. Due to the nature of the work we do, businesses may be initially distrustful, so be polite and courteous . Here are some basic steps for merchants.

Step 1) Go to www.bitpay.com/ get-started

Step 2) Fill out the necessary information, and click “Create Account”

Step 3) You will be brought to a “Get Started” Page. Perform each of the 3 tasks. Confirm Email / Get Verified / Add Bank Account. The add bank account section will also ask for a wallet address for Bitcoin Core. This is ok, as we will switch to Bitcoin Cash later in the process.

Step 4) The setup page. After verifying the previous 3 pieces of information Bitpay will bring you the setup page. This page allows you to navigate and setup the merchant. * The documentation link in the lower left corner contains the answers to most questions. *

Step 5) The wallet app for Bitpay must be installed to use Bitcoin Cash. Use Copay. https://copay.io/ .

Step 6) Go to "Settings" tab on your app home screen.

Turn on the "Bitcoin Cash Support" switch.

Create a new wallet.

Select "Chain: BCH"

Bitpay contains many API’s for existing point of sale systems. Many of these can be downloaded and integrated seamlessly. The Bitpay website lists the manufactures that they support. This feature allows businesses to add in support right at the checkout instead of requiring a separate device. Some merchants may require a separate device however.

You can also use Bitpay for invoicing. You can also use it for email Billing. Some Businesses may make use of only these features so it is important to re-iterate them.

The most important thing to remember is that if you run into something you don't understand it is OK . The Bitcoin Cash community is here to help. Either ask us here yourself, or point the merchant to the community.

Sample Pitch:

We all prosper together. Country to Country and Neighborhood to Neighborhood. Bitcoin Cash allows anyone on earth to transact and conduct business. All you need is an internet connection and a digital wallet. This opportunity has never existed before. We are witnessing the development of an international way of commerce before our eyes. Right now there is nearly 43 billion dollars in the Bitcoin Cash market and that number is growing every day. By allowing your business to accept this currency you are appealing to an international audience. An audience that isn't holding their money, they are spending it. You can easily join the network of fast, reliable, transparent, and most of all secure digital money. Through Bitpay, you can choose to have Bitcoin Cash automatically convert a customers purchase to dollars instantly so you never actually hold the cryptocurrency. You just allow it to be spent and converted to Dollars at your store. I recommend this way because it is a great way to get started with none of the risk of price fluctuation. If you would like, I can help you navigate to the information. Here are some links to checkout, and feel free to ask me any questions. I can be reached at Xxx-Xxx or Xxxx@Gmail.com . By accepting Bitcoin Cash you will see an increase in sales, and market size. New businesses are accepting Bitcoin Cash everyday, we hope to see you among them. Bring some of that 43 billion dollar market right here to our neighborhood.

Sample Pitch 2:

Hello, my name is Stephen. Do you accept Bitcoin Cash? Its a digital currency that is easily transferred from person to person. It has real value that can be converted to dollars. A company called Bitpay lets merchants accept it, and it converts to dollars just like a cash transaction. They have apps for most checkouts and are growing everyday. Its easy to setup, simply visit Bitpay.com, and when you are up and running I can spend some of my money here. The market is 43 billion dollars and growing, so thats a lot of money that can come through the door if you choose to accept it. Check it out!

Here are some helpful links.

www.bitcoin.com

https://acceptbitcoin.cash/ - Add your merchant here when they start accepting Bitcoin Cash

https://cryptartica.com/shop/bitcoin-cash-accepted-sticker/ - Sticker for the Store Front.







