Happy Head Massage now accepts Bitcoin
We’re finding more and more people asking for us to accept bitcoin as payment. In particular, a good percentage of our clients who are tourists just visiting San Diego find bitcoin as a better payment option for their massage services.
SAN DIEGO November 14, 2017
The acceptance of virtual currency continues to rise. Happy Head Massage is believed to be the first massage center in the region to be accepting it. While worries of security risks and volatility have surrounded Bitcoin, Michael Pritsker, president of Happy Head Massage, has full faith that virtual currencies will eventually become a mainstay in the marketplace. The move could also result in an overall cheaper cost of doing business for the Happy Head, because it could avoid some of the fees associated with certain forms of payments, in particular credit card merchant processing fees.
Bitcoin offers many advantages to both the business and consumer. For the business, accepting bitcoin could result in overall lower costs of doing business. In particular, it helps avoid the processing fees that are normally associated with credit card merchant processing fees. These fees can range anywhere from 2 to 4 percent for each transaction. These fees are generally factored into the cost of the service that they provide to the consumer. By eliminating or lowering these fees, it offers an advantage to the consumer as it helps keep the costs lower. It also gives consumers an additional form of payment option for those individuals who do not have credit cards or do not carry cash. There is also a growing percentage of the population who are fed up with the banking industry and see bitcoin acceptance as a way to slowly move away from the stranglehold that banks have on consumers and businesses.
“We’re finding more and more people asking for us to accept bitcoin as payment. In particular, a good percentage of our clients who are tourists just visiting San Diego find bitcoin as a better payment option for their massage services,” said Michael Pritsker, the president of Happy Head Massage. “We’re happy to accept bitcoin because it’s easy to implement, saves us money, keeps costs down, and eliminates the middleman in most cases which is the credit card merchant processing company. We’re hoping that more businesses will adopt bitcoin as a form of payment.”
Customers can easily pay with bitcoin using the digital wallet of their choice that they store on their smartphone. They use their smartphone to scan the QR code at Happy Head Massage and easily and quickly send their digital cryptocurrency to pay for their services. There’s no need to sign a credit card slip or have to deal with a merchant processor. It’s a win-win for both the consumer and the business. To keep up to date on Happy Head's latest news, visit http://www.happyheadmassage.com/news/.
Is Bitcoin the payment system of the future? Possibly, but it’s hard to say for sure. Currently bitcoin is seen as an opportunity to expose businesses to a new payment technology and gives customers a new and possibly better way to pay for services. For these reasons, it may be enough incentive for more businesses to accept bitcoin and other forms of cryptocurrency.
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