Using DeepOnion as a payment method on your online store is coming soon.
We live in the age of technological innovation. A decade ago, the concept of smartphones, as we know them, was considered unfathomable. Tablets, social media, self-driving cars, even electric cars were all concepts that were taught to be impossible or unnecessary. When cryptocurrency appeared, those who doubted the inventions of the past, questioned the value that the cryptocurrency market brings. Their fears are understandable. Supply and demand drive the crypto market, and that leads to high volatility. However, the reality is that DeepOnion, Bitcoin, altcoins and the blockchain are changing the way we do business.
Businesses and Payments
There is a connection between the increase of tech gadgets and the rebirth of small businesses. More and more people are looking into starting their own home-based company to sell their goods or services. We are all trapped by the same archaic payment system that has proven to be unreliable. Credit cards are the de facto accepted form of payment. This payment method, however, has countless flaws. A quick google search will yield you results on how to avoid getting overcharged, how to deal with fraudulent credit cards, and in many cases fraudulent charge-backs. The US Better Business Bureau reported that 46% of Americans were victims of credit card fraud in the past five years. Additionally, Nilson Reports explained that these frauds cost companies $24.71 billion last year. That is nearly 150 million people having financial problems and almost $25 billion in losses for corporations. Instead of accepting this terrifying statistic, we could embrace the future, and the future is in the blockchain.
Use DeepOnion as a Payment Method
My brother and I are working on developing an all-new DeepOnion plugin (Woocommerce and Magento plugins) that will enable anyone to open an online store and accept DeepOnion as a payment method. We are working hard to have this option available and thoroughly tested before the end of November. TOR is a well-known service that allows for secure communication between two or more parties. The level of anonymity that TOR provides is so advanced that no other browser or system has been able to replicate it. Now, imagine having that level of privacy while paying for something online. You would never have to fear about a malware stealing your personal information. On top of that, you would not even have to worry about stolen credit card information and for merchants, the days of fraudulent chargebacks would be over. If it sounds like something that you would like, then you will be happy to know this option is coming very soon to DeepOnion.
Why is DeepOnion the Safest Payment Method?
DeepOnion is a cryptocurrency that uses TOR to protect a user's privacy and location information. For users, your information will remain private forever. Both sides benefit from using DeepOnion. It is a revolutionary new anonymous coin that provides more than just value. DeepOnion offers protection, security, and safety to merchants and customers.
Great article! Enjoyed reading it! Looking forward to pay with Onions everwhere one day!
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STOPI have been staking onions since the middle of Sept getting ready for more Deep Onion apps to be developed that leverage the Tor network. Privacy is going to be a necessity when transacting business on the blockchain. Thanks for the well written article.