How to pay with Bitcoin ?

Lyzi is pioneering the future of payments with cryptocurrency. With Bitcoin becoming increasingly popular, what makes it such an attractive payment option for both businesses and individuals? Let's explore the world of Bitcoin and understand what cryptocurrencies are.

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Bitcoin and Cryptocurrency: A Quick Explanation

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Bitcoin is considered the very first cryptocurrency and the "mother" of blockchain technology. Blockchain is built on Web3, a decentralized and secure internet network aiming for transparency among its participants. Cryptocurrency operates on a peer-to-peer (P2P) basis and is generally purchased on platforms such as Binance or Kraken. Most people also create a virtual wallet like eToro. Cryptocurrency enthusiasts enjoy practices such as "mining" to acquire, sell, or exchange their chosen digital currency with other enthusiasts.

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Why use Bitcoin as a payment method?

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When reading and listening to various stories from cryptocurrency users, it's natural to question the legitimacy of Bitcoin payments and virtual currency as a payment method in general. After all, why replace our traditional debit or credit cards? In the age of the internet, virtual currencies are gradually becoming part of our daily lives. Almost all of us use a bank account in one form or another: PayPal, Lydia, a Maestro account, BNP, Mastercard, or even a local shop account like Nickel. There are numerous payment systems in France.

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Facilitate access

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Imagine this scenario: for various reasons, you're unable to open a bank account. Bitcoin payments allow you, among other things, to temporarily bypass this issue with minimal transaction fees.

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Enhanced security

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Indeed, one of the primary concerns on the internet is the theft of banking information, and rightly so. Thousands of accounts are compromised by hackers who manage to circumvent security systems. The advantage of Web3 and the Bitcoin blockchain lies in the dedication of its users and collaborative efforts that contribute to a strong sense of security. Many cryptography and computer science enthusiasts share their knowledge selflessly, always ready to help those in need. Moreover, physical withdrawal is impossible if your Bitcoin is stolen.

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Bitcoin: The first cryptocurrency

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Experiments took place in the 1990s, but most ended in more or less significant failure. The most successful and well-known inspired Satoshi Nakamoto to create the token that gave birth to all others. Ethereum, the second pillar of the project led by Vitalik Buterin, is a remarkable example. Every day, thousands of Bitcoin payments and transactions are executed, as this cryptocurrency proves to be the most stable in terms of value and price. It has created and maintains the entire reputation of the blockchain, and that is why hundreds of people enter the market every day to acquire it.

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Practical for starting an e-commerce business

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Just like cryptocurrency, e-commerce became a part of our lives in the late 1990s. Today, Amazon, eBay, AliExpress, and others are well-known e-commerce platforms. The main advantage of online shopping, beyond the variety of products, is the acceptance of multiple currencies and existing debit/credit cards, including Bitcoin.

E-commerce businesses understand the importance of cryptocurrencies, and many now accept crypto payments. For customers, there's no need to provide a card number; a link to their Bitcoin wallet is sufficient. No merchant account or additional discussion is required: your cryptocurrency wallet becomes your payment terminal. Simple and efficient.

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For the next generation

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The phrase "things were better in the past" is often repeated, but living in the past brings nothing. Cryptocurrency is gradually replacing traditional debit and credit cards, as seen in countries like Ukraine, Russia, and the United States, which have authorized secure transactions on their own wallets.

Today, everything happens online: opening a bank account, invoicing, quotes, obtaining an IBAN through PDF files, etc. This is just one procedure among many, but it must be secure, especially since the COVID-19 pandemic has introduced work into our personal devices.

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Lyzi payments and Bitcoin

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Within the Lyzi solution, you'll find your wallet containing various cryptocurrencies to buy, exchange, and sell: Bitcoin, Ethereum, Tether, Litecoin, and Dash, among others. For businesses, the advantage lies in its simplicity: implement various secure payment methods and create a climate of trust between you and your customers. Beyond simply activating Bitcoin payments, we also offer a unique option: create your own token for your brand.

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Creating your own electronic currency will give your business a unique touch and project a modern and innovative image. After all, what attracts us most on the internet is the image. Our eyes capture everything that can pique our curiosity.

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In addition, Lyzi offers mobile payments, whether by credit card, Bitcoin, another cryptocurrency, or even loyalty points. Yes, we also focus on acquiring exchangeable loyalty points that can be given to loved ones. Our customer service team is committed to staying in close contact with you and your business to assist you on your journey.

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