Can CoinPayments.net be used to promote STEEM to 4000 merchants around the world?
CoinPayments.net is an integrated payments gateway that provides online merchants with the ability to accept payments in over a thousand different cryptocurrencies.
STEEM and SBD are among the altcoins that can be taken via CoinPayments.net.
CoinPayments.net also provides easy to use plugins for all the major ecommerce shopping cart platforms such as Shopify, Magento, WooCommerce (WordPress), osCommerce and Opencart.
It only charges 0.5% fee for the transactions and is also now providing fiat settlements direct to bank accounts for United States and Euro merchants.
CoinPayments.net first came on my radar when I was researching businesses that would accept payment in STEEM a year ago...
At that time there were around 40 merchants listed on CoinPayments.net taking STEEM payments.
CoinPayments.net popped up again when @theycallmedan mentioned them in a recent post...
That gave me the idea to revisit CoinPayments.net and check in on how many STEEM merchants there are now.
A search on the Store Directory lists 70 as accepting STEEM...
A search on SBD yields just under 50. A quick visual inspection suggests they are a subset of those accepting STEEM...
On its homepage CoinPayments.net claims to be assisting "Over 2,382,000 vendors across 182 different countries".
I believe that figure will be for vendors using their wider range of services. For the alt-coin payment gateway facility a search of 'Any Coin' on the Store Directory yields around 3,800 results...
Although there was an issue with a Ripple 'hack' a couple of years back, CoinPayments.net generally gets good reviews...
CoinPayments.Net - a route to promote STEEM?
This has given me an idea.
Getting STEEM out into the marketplace and getting more merchants to accept payment in STEEM and/or SBD must surely be a very good idea.
More visibility. More awareness. More usage. More demand. Higher price...
This could make a great campaign that the Steem Community could get behind.
I see three parts to the campaign...
1. Encourage the 70 vendors already taking STEEM to keep accepting it
Check out the list of vendors and see if you can make a purchase in STEEM from any of them...
If you spot any that are on the list that aren't actually accepting STEEM or SBD when you get to the checkout, stop the purchase and use their contact form or email to ask them why. Let me know too.
2. Encourage the other 3700+ vendors not already taking STEEM to start accepting it
Check out all the other vendors, cross-referencing against the STEEM list.
Find a few that have something you might possibly like to buy, and then contact them via their contact form or email and tell them you would really like to buy from them IF they accepted STEEM or SBD...
3. Encourage other online stores that don't take cryptos to use CoinPayments.net (and take STEEM/SBD)
Are there any online stores you buy from that you wished would take payments in STEEM or SBD?
Why not contact them and suggest they use CoinPayments.net for a quick way to start accepting crypto-payments - particularly STEEM or SBD.
As an alternative if they happen to be using WordPress and WooCommerce for their online shop you can also point them to the free WooCommerce Steem Payment Method plugin developed by @recrypto and @sagescrub.
Another option with wider scope is Paytomat that @buildteam and @thecryptodrive have been involved with to get STEEM integration.
Anyone think this is a campaign worth pursuing?
It looks like a potentially quick way to get almost 4000 online stores around the world to accept payments in STEEM / SBD.
That sounds like a good idea to me...
Please note I am not being sponsored by CoinPayments.net. In fact I have not had any contact with them nor any direct experience of using their system.
There may will be other, even better similar systems out there. I would love to hear about them if there is.
Also if you have used CoinPayments.net I would be very interested to hear about your experience.
Thank you.
[ logo from CoinPayments.net ]
CoinPayments.net is one of my favourite.
Thanks for your information.
Resteemed.
Have you used it as a seller or as a buyer?
I would be interested to hear more about your experiences with using CoinPayments.net.
Editor of the The State of Steem SoS Daily News.
Promoter of The State of Steem SoS Weekly Forums.
Editor of the weekly listing of steem radio shows, podcasts & social broadcasts.
Founder of the A Dollar A Day charitable giving project.
Dear @honeysara
Please share your experience with us.
Piotr
Great approach @Pennsif. Please you may attemot these questions which would help boost this effort of yours:
I love what you do and will try my best to complement it. We take STEEM to every shop. Thanks @Theycallmedan for supporting this initiative.
Those are solid question @uyobong
I would actually love to hear the answer so please @pennsif , mention me in your reply if you don't mind.
yours
Piotr
This is a great idea @Pennsif. This is the most apt way to promote STEEM and build its trust in the Market. Its a good deal allowing STEEM pay for real market and fiat.
Might have to add this to some of my sites
Posted using Partiko Android
👍
I believe that at the moment it is premature. There is a need for the price of Steem and Steem Dollars to have a significant rise and a flattening in order for suppliers and traders to really get closer to this procedure, I would like to sell the compost bags on this platform through Coinpayments (to which I am already registered) but the times are premature and not very reassuring.
The CooperFelix - Multiservices invites the users to take a look at the objectives of the project, hoping for your participation THE CF-M Project on Fundition
Dear @cooperfelix
You might be right. I believe that currently the most important is to ensure that price is quite stable and is not chainging 30-40% like it just did few days ago. Until price is quite stable, it may be hard to convince people to use STEEM as a for of payment.
Yours
Piotr
We don't have any way to ensure stability of the price of STEEM - that is up to the markets.
We might have a bit more luck with SBD, which should hover around US$1.
Dear @pennsif
This is amazing initiative and Im very sorry to see how little response you're having so far :( Perhaps I could help in the future. I'm in touch direcly with large group of steemit users bloggin about crypto and blockchain and I would help you get some extra exposure.
Based on your words coinpayments.net increased amount of sellers accepting STEEM only from 40 to 70 in entire 2018. That's indeed not so much.
Would you happen to know what is the traffic on that website? Just wondering if their userbase is big enough to actually make a difference.
You nailed it. Now question is: how to build more awareness.
I think it's a great idea for campaign but in order to succeed it would have to be planned and well organized. Plus it will be surely time consuming. Would you have time to do it and manage such a campaign? Just curious.
Yours
Piotr
Hype.Stat suggests CoinPayments.net receives about 100K unique visitors per day so not massive, but not insignificant...
I've been looking more at the other (non-steem) sites using CoinPayments.net, as well as the steem using ones.
Alas there are almost none in the UK (where I am based), so ordering anything useful, without incurring large shipping and customs fees, to try it out is proving difficult.
For anyone one in the USA there is quite a good selection, if anyone wants to try there.
Have you come across any other services like CoinPayments.net?
Dear @pennsif
Thank you for your kind and mature reply. I appreciate it a lot.
Im sure you're aware that you're quite famous and I've heard about you from number of people. I even watched lately one of your youtube videos :)
I was told that you're helping grow steemit community with SOS program. Would you mind sharing a post explaining what your project is about?
not really. That was the very first one I've heard about. And it got me a bit excited. But indeed their traffic isn't really mindblowing.
Yours
Piotr
!tipuvote 5
Thank you @cardboard - much appreciated.
This post is supported by $2.11 @tipU upvote funded by @cardboard :)
@tipU voting service guide | For investors.
Lovely news the more merchants the better.
Yup, let's be more bold with STEEM out there, where people haven't heard of us yet.