What is bitcoin and how can you use it to pay your PPH service?
The purpose of using a pay per head sportsbook service is to save yourself problems and time, to work smart and efficiently in growing your business; that’s why you choose to pay a company to handle the day to day operations.
If you work with a pay per head service that provides complete solutions and stays up-to-date with the latest technology and systems in the market, then you probably heard already of the bitcoin payment alternative and the advantages it has its users. Security, confidentiality, speed, and a fair rate - that sums up what we all are looking for in a payment option.
Bitcoin is a digital currency that can be used to make online payments. It works as a person to person transfer, but using “virtual coins”. It is any other online wallet or e-wallet: you have an account and you keep there the number of bitcoins you want. To “get” the bitcoins all you should do is buy them, just like you would with currency exchange. For instance, 1 bitcoin can cost in today’s rate around $650; if you need to pay your PPH agent $1,950 USD per week for its service, then you are going to need 3 bitcoins. Then, all you need to do is transfer those bitcoins to the receiver’s bitcoin account.
The payment is completely anonymous. Therefore, no one will know who you are paying or what you are paying for. (When you set up your account you do have to enter your personal information, but the information is not tied to the transactions). The rate paid to run transactions with bitcoins is considerably lower than what you would pay with other payment options.
This system has been around since 2009, and has slowly become the preferred method of payment for those that are looking for lower cost and privacy, both features that make it a perfect ally for the growing pay per head market.
Summarizing: by using bitcoins you have the following advantages of quick and simple transfers anywhere in the world, lower rates, safety, no chargebacks, and no paper trail. And it is waiting for you to use it.
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