# Hivepay.io- post updated

in Hive Business Buzz3 months ago (edited)

Hivepay.io - post updated

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Introduction

  • Hivepay is a business on Hive which seeks to increase the utility of the HBD token by making it easy for you to accept it as payment for your businesses goods and services.
  • One way to increase the value and visibility of a token a=is to make it easy to buy things with it.
  • Hivepay makes it possible for businesses like your local grocery store to accept HBD as payment.
  • Below I have inserted more information from the Hivepay website.

@shortsegments :)

Information from HivePay.io website

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HivePay

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Hivepay allows you to easily accept HBD.
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HOW IT WORKS

If you want to accept HBD you add a HivePay Button and you are able to accept payments!
You have the option to select from 171 Fiat based currencies as your input or base currency.
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HBD

Accept HBD token on your websites and plug into this vibrant and engaged crypto currency community.
Because Hive has zero transaction fees and 3 second transactions, it's the perfect crypto to build your business with.
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Hivepay no longer accepts Hive, or Hive Engine tokens

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PRICING

  • Hive has no Transaction or Gas fees like on Ethereum or Bitcoin, so you pay one flat fee, which we feel is one of the lowest in the industry.

Each transaction using HivePay costs 0.5% and as an added bonus, we have special promotions that can see your fees as low as 0.25%!

Plus along with zero transaction fees, you get transaction speeds of only 3 seconds.

Compare that to other crypto gateways, and we think you'll agree...HivePay is the smart choice for all your e-commerce needs!
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To learn how to accept HBD Hive Backed Dollars for your business click here

The End

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  • This article is written by @shortsegments and posted on the for the #Hive_Business_Center community site on Hive. - The Hive Business Center purpose is to promote businesses on Hive with articles like this, and by creating a digital directory of all businesses on Hive, and real world businesses accepting Hive.
  • If you want to help promote businesses on Hive follow the link below to subscribe and follow @shortsegments for more articles like this.

Help Promote Businesses on Hive click here
@shortsegments

  • If this is your business feel free to leave comments and corrections in the comments below. HiveBusinesCenter

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It's a pretty good system and I think it's fairly good as a way to accept the value. However, I do think the huge volatility in Hive Engine tokens might be bad. Also, they have a swap.hive bridge to hive bridge that is cheaper than LeoDex. It does have less liquidity though.

Posted Using LeoFinance Beta

We basically quit accepting HE tokens for products on the Hivelist store. Currently only accepting HBD. The Hivepay Wordpress plugin needs to be updated for their Version 2 and the most recent WooCommerce updates for it to work, but finding the funds for a developer for that is a challenge.

That being said, we use the Hivepay HTML forms for things like vendor registration and accept both Hive, HBD, and LIST tokens for that.

We are also using it on @blocktunes as a way to directly tip artists either on a one time basis or as a recurring payment in different HE tokens, as well as Hive and HBD, so it has it purposes there.

Thats great because it gives utility to HBD and that should be our preferred token of exchange.

Posted Using LeoFinance Beta

The move to accept only HBD makes very good sense given the inherent volatility of crypto, and this strengthens the Hive ecosystem by increasing the use of the HBD.

Posted Using LeoFinance Beta

Thank you for the information. I will adjust the post. Please consider using the tag #hivebusinesscenter on your update posts, so I can keep your information here current.
Thank you.

Posted Using LeoFinance Beta

Good point about token volatility. It sounds like they are not accepting H-E tokens now.

Posted Using LeoFinance Beta


The rewards earned on this comment will go directly to the people( @shortsegments ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

This is an outstanding idea. Everyone on Hive should know about this business and use it on their websites!

Posted Using LeoFinance Beta