072 - Crypto Checkout for E-commerce

<span style="font-weight: 400;">This episode is for anyone who is wondering whether they should be offering a crypto denominated checkout option on their online store. In today’s episode I’m going to run through the do’s and don'ts when it comes to crypto payments, and after listening to this episode, you should know whether or not it will work well for you!  </span> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:50] Some of the questions that I have been asked recently about crypto checkout on online stores. </span></p> <p><span style="font-weight: 400;">[02:47] Why I recommend doing refunds in fiat currencies. </span></p> <p><span style="font-weight: 400;">[04:17] The value of setting up automatic conversions if you accept payments in crypto but it is not your main business. </span></p> <p><span style="font-weight: 400;">[05:07] Confusion that can arise if you accept many different forms of crypto as payment.</span></p> <p><span style="font-weight: 400;">[05:55] An important factor which can help you decide which crypto currencies to accept. </span></p> <p><span style="font-weight: 400;">[06:38] Examples of circumstances under which it will benefit a company to add crypto as a payment option. </span></p> <p><span style="font-weight: 400;">[10:12] Why you should add a crypto denominated monkeybag or cash back program to your platfor