The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto ‘Cash Register’ Promotes Payments in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC)

by Daily Hodl Staff
April 7, 2019
in Altcoins

Litecoin promoter Jon Moore tweeted a DIY crypto-friendly sign that he hopes will catch fire with local merchants who pay exorbitant credit card fees. The sign lists several expensive payment options such as American Express, Mastercard, Visa and Discover, followed by a list of cryptocurrencies including Bitcoin, Litecoin and Ethereum. Venmo is below.

Vice president at Nationwide Merchant Solutions, Moore makes a pitch to summer vendors in the Northern hemisphere who sell small-ticket items along the boardwalk and could maximize profits by eliminating expensive credit cards fees.

“Let’s think of any business that’s by the shore, that’s by the beach, maybe that’s by a lake. Boardwalk. I’m thinking Jersey Shore. Right on the boardwalk you could see this sign.”

Let’s get this sign placed all over at businesses this summer!! In this video I explain how easy this method is to Accept #Litecoin #Bitcoin #Ethereum and #Venmo Payments. Summertime businesses typically have lots of small credit card transactions which equal high fees. pic.twitter.com/iHzG5EJCEJ

— Jonny Litecoin ??? (@jonnylitecoin) April 4, 2019

“The coolest thing about it – payment options – not only does it let the customers know that they accept Bitcoin, Litecoin, Ethereum, Venmo, and obviously Apple Pay and credit cards, they can actually send payment right to this sign.”

Typically merchants use cash registers and point-of-sale payment devices to swipe credit cards and accept payments. The crypto “cash register” sign is a merchant’s tablet. It requires the buyer to use their smart phone to scan the displayed QR code of a preferred payment option. The code then sends the merchant’s cryptocurrency wallet address to the buyer – no extra hardware required.

“A lot of people ask me, well Jonny, what happens if they send payment to this sign. Let’s say somebody pays with Litecoin, and they go up and scan this QR code right there. It matches up with that address, they send $50 over. How does the business validate that the payment came in? Well, they just have to generate these QR codes from an app that they have control of.

Most businesses have an iPad or tablet that they have access to that they use for the business. So on that iPad or tablet, they just download a crypto app. They could use Coinbase, LoafWallet, Bread Wallet. Then they download Venmo on there to include Venmo. And just a very easy method shows them these lower cost payment options.

Especially for these businesses that are by the beach, by the shore or on a boardwalk. It’s a lot of small-ticket items, low-transaction dollar amounts. So if you pay with crypto or Venmo, the business is going to save a lot of money because the credit card fees on small transactions are very high. That’s why sometimes we see $10 credit card minimums. Businesses just don’t want payments that cheap. So guys, #paywithlitecoin, #paywithcryptos this summer.”

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • FIFA Rivals Launches Worldwide, Bringing Non-Simulation Arcade Football Action to Mobile Devices
    June 12, 2025
  • Polemos Announces TGE And A Game-Changing Strategic Partnership With BUFF Accelerating Web3 Adoption
    June 12, 2025
  • ?Bitpanda opens the gate to Web3 with Vision (VSN)
    June 12, 2025
  • tBTC Launches on Starknet, Expanding Bitcoin’s Role in Multi-Chain DeFi
    June 11, 2025
  • Allnodes Launches Bare-Metal Servers for Solana Validators and Builders
    June 11, 2025
  • Falcon Finance Announces Custody Integration With BitGo for USDf Synthetic Dollar
    June 11, 2025
  • Interactive Strength Inc. (Nasdaq: TRNR) Enters Into $500 Million Facility To Acquire AI-Focused FET Tokens and Launch Crypto Treasury Asset Strategy
    June 11, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,107.97
$108,107.97
1.47%
Ethereum
$2,758.78
$2,758.78
3.57%
BNB
$665.10
$665.10
0.6%
Solana
$159.31
$159.31
4.28%
XRP
$2.25
$2.25
3.17%

Spotlight

  • Bitcoin Setting Up for ‘Treasonous’ Correction, According to Trader That Called 2021 Market Cycle
    June 5, 2025
  • Bitcoin Flashing Bearish Signal After Failing To Break Above Major Resistance, Says Crypto Trader – Here Are His Targets
    June 5, 2025
  • Economist Henrik Zeberg Says Altcoins About To Kick Off Explosive Phase, Updates Outlook on dogwifhat and One Under-the-Radar Crypto
    June 5, 2025
  • Former DOGE Head Elon Musk Tells Lawmakers To Kill Trump’s ‘Big, Beautiful’ Bill
    June 5, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl