By using Cryptocurrency to make payments at Hempearth, it gets easy to transfer money without any involvement of banks and other financial institutions.
What Is Bitcoin?
Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity including banks or merchant accounts. Those of you who have business of your own, understand that credit card processing is very volatile, and funds can get held and accounts frozen. Bitcoin and other cryptocurrencies removes the need for trusted third-party involvement in financial transactions and it is rewarded to blockchain miners who verify transactions and can be purchased on several exchanges.
Bitcoin was introduced to the public in 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto. It has since become the most well-known and largest cryptocurrency in the world and is super safe and effective to send funds.
Its popularity has inspired the development of many other cryptocurrencies, and companies that use it are not Scams, they are just working outside of the box, Cryptocurrency allows Hempearth Group Ltd. to keep moving forward without lack or control of banks and merchant accounts, and by paying us in Bitcoin or other Cryptocurrencies , consider it an investment into something amazing for the world today.
Its not that we are trying to make people suffer by not accepting credit cards, it is that the Blockchain and Cryptocurrencies are the better option that eliminate control and lack. So we thank you in advance for putting in that extra effort, buy something from us today and use Bitcoin, Ethereum and many more, you are truly helping us.
What are the disadvantages of accepting card payments?
Chargebacks and disputes:
When a customer disputes a credit card charge, the business may face a chargeback. Chargebacks can be costly and time-consuming, as businesses must provide evidence to refute the claim, and may still be held responsible for the disputed amount if they lose the case. Additionally, businesses with high chargeback rates may face increased processing fees or risk having their merchant accounts terminated.
Fraud and security risks:
Accepting credit cards exposes businesses to the risk of fraudulent transactions and data breaches. Credit card fraud can result in chargebacks, financial losses, and damage to your business’s reputation. To mitigate these risks, businesses must invest in robust security measures, such as implementing the Payment Card Industry Data Security Standard (PCI DSS) and using secure payment gateways, when accepting Cryptocurrencies such as Bitcoin, Ethereum etc, this is not the case whatsoever.
What are the benefits of Paying Us with Bitcoin or other Cryptocurrency ?
Transactional Speed
After placing an order and paying with Cryptocurrency ( Bitcoin, Ethereum , Lite coin , etc ) transactions are done in a matter of minutes and we receive the funds within an hour or 2, with outdated credit card processing, it sometimes takes 2 to 3 days, and again merchant banks freeze accounts, and stop the flow of incoming cash flow, so again when an customer pays in Bitcoin or other cryptocurrencies, that is all eliminated.
Decentralization
Bitcoin helps to combat the monopoly of a currency and free money from control. No government organizations can set the worthiness of the coin or flow.
Accessibility
At Hempearth we are proud to provide a service for therapeutic medicine and opportunity for Investment, when Paying us with Bitcoin or the other cryptocurrency there’s no identification verification, credit check, it is a much faster and easier way compared to old financial institutions methods. So never be quick to judge why companies accept Crypto payments, its 2024, and it works beyond any out dated traditional bank methods or systems.
Pay Hempearth in Bitcoin, support the company, allow the company to move forward, we are doing some amazing things with Aviation Composites, and replacing out dated toxic materials used for over a century, invest in us using Bitcoin, Ethereum and others, you are truly helping us grow and continue with the company and brand.
