Wednesday, July 23, 2014

Bitcoin Sign-Ups for Intuit QuickBooks ‘Higher than Expected’

Pete Rizzo for CoinDesk.com writes: While bitcoin’s headlines are often dominated by large merchants like Dell, DISH and Overstock, broader business adoption of the technology as a payments solution may be more arguably influenced by the various platform providers serving the space.
Companies like e-commerce enablerShopify and more recently financial software specialist Intuit, for example, now allow thousands of small merchants to begin accepting bitcoin simply by enabling the option.
Launched in late June, Intuit’s PayByCoin offering saw the company adding bitcoin to its QuickBooks Online payment processing service, so that small businesses could invoice customers in bitcoin.
Now, in a new interview with CoinDesk, Intuit engineer Clinton Nielsen has confirmed that PayByCoin is already gaining traction with the company’s small business customers, and that despite bitcoin’s sometimes negative press, the response to the program has been largely positive to date.
Nielson told CoinDesk:
“The only thing I heard was one customer said they’d rather having us focus on things that are right now rather than things that are far-reaching, but the overwhelmingly positive attitude from the media in general and our customers has drowned that out.”

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