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Alternative Payment Methods For Vendors

Sparkle (SPRKL) is about to launch their new online marketplace aimed at bringing the Automotive and blockchain industries together in one place. But, what does this mean for you as a professional business in the automotive industry?

No cost to get started, more customers, and acquiring more profits!

Sparkle will be offering a completely risk-free option for businesses to register with Sparkle. This means that you only pay a small percentage of sales generated. If you don't make any sales, don't worry it won't cost you a penny. We are so confident it will work that we only take a commission when you make a sale.

Sparkle has competitive rates similar to our leading competitors such as Groupon or LivingSocial, small businesses can now take advantage of pay as you go profit-driven marketing and keep more of the profits, It is a win-win situation. Sparkle is also offering its partners the opportunity to accept payments in cryptocurrencies.

What are some of the benefits of accepting cryptocurrencies as a form of payment?

1. No more bank transfer charges and delays

Banks make it expensive and time-consuming to move money from one country to another or in some cases one account to another. Shockingly, it can still take a minimum of three working days to update accounts, and often charge a processing fee for each transaction which at times can be significant.

Digital currencies are perfect for low-cost transactions. Transfer fees are typically no more than a few cents at the most, and the commission fee that exchanges charge is a percentage of the amount (typically no more than 1%). The transaction fees can be significantly reduced depending on the Cryptocurrency you use.

2. Access new customers

Cryptocurrencies and blockchain are still in the early adoption stage but it is a rapidly growing marketplace currently worth $330,326,304,037 and growing daily. We are finding more of the investors wanting to find new ways to spend their Cryptocurrencies in the real world. If there is an automotive competitor in your area who offers cryptocurrencies as a payment option and you don’t, it could be the difference in making the sale or not making the sale.

3. Keep some as an investment

One of the things that have attracted early adopters to the cryptocurrency space are the significant increases in price. In 2010 an early crypto pioneer paid 10000 bitcoin for a pizza, had they held that bitcoin it would now be worth around $80 Million. Think of what just keeping a small amount of the profits you make could add up to over the next few years. Can you afford not to accept cryptocurrencies as a payment option?

4. Sparkle converts all cryptocurrency accepted into cash!

Bitcoin, Ethereum and Sparkle transactions are communicated in US Dollars (USD) or Canadian Dollars (CND) per vendors request. The exchange rate is provided by our liquidity partners at the time of purchase and is valid for up to 10 minutes. If payment is not completed during this time, customers will be provided with a new exchange rate. This solution allows Vendors to continue running their business as per usual without any modification needed to their merchant processing system.

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