JM Bullion, one of the most popular companies to purchase precious metals is now accepting Bitcoin (BTC) as a means of payment. As its official site shows, the company accepts the most valuable virtual currency for orders that range between $100 and $250,000. There are several companies accepting Bitcoin all over the world.
JM Bullion Accepts Payments in Bitcoin
Although Bitcoin did not experience a good year in 2018 in terms of price performance, there are some important companies that are very positive about Bitcoin. This is the case of JM Bullion that decided to allow customers to pay using the most popular digital asset in the market.
In order to start accepting Bitcoin JM Bullion partnered with BitPay. BitPay is a leading Bitcoin payment service provider that is present in many different countries around the world. In this way, clients will pay using Bitcoin in just a few minutes. The company will be receiving US dollars instead.
If the transaction is not processed in less than 15 minutes, the whole process will have to be started once again. If a user decided to pay using Bitcoin it will receive a 3% discount compared with other means of payment. Using credit or debit cards is related to higher fees for the seller, which makes it difficult for some companies.
One of the advantages of using Bitcoin is that it is convenient compared to other means of payment.
The company wrote about it:
“The primary advantage to using Bitcoin is the convenience it offers. Because all transactions occur online, customers are not confined to the hours and location of any particular establishment. They can make their purchases at any time from the comfort of their own home or office.”
JM Bullion explains that many customers want to use Bitcoin due to its affordability. The popular digital asset has low processing fees for merchants than using PayPal or other systems. This is why clients paying with BTC are going to receive an important discount on their purchase.
In order to make a payment using Bitcoin, users will have to perform the usual buying process. Once they decide to finalize their purchase they will have the Bitcoin option as a means of payment. JM Bullion says that the payment is accredited within a business day and cannot be reversed. Nevertheless, any refunds made on Bitcoin purchases can be made using Bitpay in Bitcoin at the U.S. dollar rate at the time of the refund.