how bitcoin can benefit restaurants - netcoins

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Copyright © 2015 Netcoins Inc. Confidential. page 1 of 2 How works + Two Scenarios where Bitcoin can benefit Restaurants Online Bitcoin Checkout Option at DELL Computers One-Tap Bitcoin Payment at Restaurant Michael Vogel, CEO www.goNetcoins.com [email protected] 604.812.5286 Michael Vogel, CEO of Netcoins

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Page 1: How Bitcoin can benefit Restaurants - Netcoins

Copyright © 2015 Netcoins Inc. Confidential. page 1 of 2

How works + Two Scenarios where Bitcoin can benefit Restaurants

Online Bitcoin Checkout Option at DELL Computers

One-Tap Bitcoin Payment at Restaurant

Michael Vogel, CEO www.goNetcoins.com

[email protected] 604.812.5286

Michael Vogel, CEO of Netcoins

Page 2: How Bitcoin can benefit Restaurants - Netcoins

Copyright © 2015 Netcoins Inc. Confidential. page 2 of 2

, a typical Bitcoiner Tom

32.7 years old

Male

Income > $100,000 annual

(35% > $100K, 26% > $125K)

Reasons: Curiosity, profit, technology

Finds Bitcoin intellectually rewarding

(70% learned about cryptography)

*source: Quantcast survey, 2014

Two Scenarios Where Retailers & Restaurants can

benefit from Bitcoin

2.) Tom currently eats elsewhere on Friday nights, but he heard that Brickhouse Grill & Bar offers small amounts of Bitcoin to buy at its locations, so he goes to check it out after work.

After dinner, Tom buys $5 in Bitcoin which he receives automatically via SMS. $5 is added to his dinner bill.

Tom is so impressed with the staff & service at the Brickhouse, he and his friends now go to there instead for their Friday night meetup, where they usually spend around $170 on dinner & drinks.

1.) Tom has never been to the Brickhouse Grill & Bar, usually preferring fast food for weekday lunches, but a “Bitcoin Accepted Here” sticker in the window piques his interest to try them out.

He decides to go there for lunch & tries the signature steak.

Tom is so impressed with the staff & service at the Brickhouse, he decides to hold his company’s next team dinner there.

Important Takeaway: Bitcoin is a mobile payment platform. Although customers pay in Bitcoin, regular dollars still get deposited into the company’s business bank account like any other payment.

Where can you spend Bitcoin? Dell, Expedia, Microsoft, Sandman Hotels, Waves Coffee, and 100,000+ businesses. Companies love Bitcoin because it is an instant payment without risks of chargebacks, without credit card fees, and because of its ideal demographic: tech-savvy, high income.