What is a bitcoin payment processor?



A Bitcoin payment processor is a service that allows merchants to accept payments in Bitcoin. This can either be done by directly accepting Bitcoin payments or by using a third-party service that converts Bitcoin payments into the local currency.

There are many benefits to using a Bitcoin payment processor. For example, it can help to reduce fraudulent chargebacks, as well as transaction fees. It can also help to speed up the process of payments, as Bitcoin payments are instant.

Overall, a Bitcoin payment processor can be a valuable addition for any merchant who is looking to accept payments in Bitcoin.



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