Most consumers want to pay for what they want. And with the growing number of individuals using cryptocurrencies, it’s more important than ever that businesses understand how to accept these forms of payment. Even people who aren’t technologically savvy will appreciate the ease of a purchase using an alternative currency.
Luckily, the folks at NordVPN have you covered. In this article, we’ll discuss how NordVPN accepts payments in both traditional and cryptocurrency forms. We’ll cover everything from the different purchasing options to the benefits of both.
Traditional And Cryptocurrency Payments
NordVPN can be bought using a credit card, PayPal, or even cash. And since the company started accepting cryptocurrencies back in January 2019, customers have had the option of paying with almost any major cryptocurrency (including Bitcoin, Ethereum, and Litecoin).
While the platform does accept all major cryptocurrencies, it doesn’t necessarily mean that you have to use them to make a purchase. After all, if you already have Bitcoins stored in your cryptocurrency wallet, there’s no reason to use the platform to buy anything. Of course, this does vary from business to business. Some companies only accept certain cryptocurrencies while others will take almost any form of payment (including cash, PayPal, and credit cards).
The Benefits Of Both Traditional And Cryptocurrency Payments
Even if you choose to only use one form of payment for a particular business or website, you’ll still benefit from using multiple forms of payment. First, multiple methods of payment give you more opportunities for refunds or exchanges if anything goes wrong. Second, accepting various forms of payment puts the business in a better position to accommodate consumers with different financial structures or situations.
Additionally, businesses that accept multiple forms of payment usually offer additional perks for paying with cryptocurrency. Some companies will give you an additional discount, while others will give you a free faucet to test out their platform (which often times is also where you can make the purchase).
When you’re looking to purchase a product or service from a company that accepts multiple forms of payment, you have a few options. First, you can make the purchase using one of the forms of payment the company accepts. Second, you can use a credit card on file with the company. Third, you can use PayPal. Fourth, you can make the purchase in cash (which is really cumbersome when you’re buying something online).
If you decide that you want to make the purchase using a cryptocurrency, there are a few different ways to do so. First, you can input the cryptocurrency directly into the website’s payment system. Second, you can use a cryptocurrency wallet to store and transact with your cryptocurrency. Third, you can use a service like Coinbase to purchase your cryptocurrency and store it in a wallet that you control. Fourth, you can use an exchange to buy cryptocurrency and store it in an account that you control. Lastly, you can use a credit card on file with the company.
More Than One Chance At An Exchange
If you decide to use a cryptocurrency to make a purchase, you’ll probably end up at an exchange. This is where you’ll find other consumers who are also looking to make a purchase using a cryptocurrency. It’s highly advisable to research which exchanges are legitimate and which ones are scammers before making a purchase at an exchange. There’s also the option of dealing with a scammer, but if you do end up dealing with one, you’ll have no way of knowing it’s a scam until it’s too late.
You’ll find lots of information about exchanges and legitimate ones versus scammers on sites like ripoffreport.com and reviews.icobrand.com. It’s also advisable to read other users’ experiences at these exchanges before making a purchase. Some consumers have had really good experiences while others have had bad ones. The key is to do your research and find out what other consumers are saying about the exchange. In addition to this, it’s also wise to consult with a reputable cryptocurrency adviser or attorney if you’re not sure how to properly navigate a cryptocurrency purchase. At the very least, an attorney should be able to give you some decent advice on how to avoid getting scammed.
One of the main benefits of paying with cryptocurrency is that it’s more difficult to hack than a cashier’s check or a credit card number. Since there’s no face-to-face interaction (unless you’re doing business with a local shop that has your physical address), it makes it more difficult for scammers to con you. With cryptocurrencies, all a scammer needs to do is trick you into thinking they have a valuable cryptocurrency that they’re trying to get rid of (or steal). Once you’ve given them the details of your wallet, they’ll have complete control over your funds.
This is one of the main reasons why most cryptocurrency purchases happen online. If you have any doubts about making a purchase online, it’s usually best to choose a shop you know and trust. With cryptocurrency, even more so than other forms of payment, you truly can’t be too careful.
Unfortunately, there are some scammers out there who prey on consumers who are just trying to make a purchase using a cryptocurrency. Sometimes these scams can even happen within the community of cryptocurrency users. For example, a scammer might tell you that your wallet address is out of date and that they can help you fix it. Once you’ve given them your info, they’ll steal your funds and run off with them. This is why it’s so important to do your research before agreeing to any kind of cryptocurrency transaction with a stranger (even if it’s a friend or family member you’re not sure about).
Additionally, since there are so many different cryptocurrencies, it’s important to be aware of which ones are most frequently used by scammers. For example, since most of the scammers prey on the Bitcoin community, it’s advisable to be extra careful when buying bitcoins. And, last but not least, whenever possible, it’s always best to use a mix of payment options (credit cards, PayPal, and cryptocurrency) to avoid getting scammed.