Besides your regular cleaning, what is the most common reason you go to the dentist? Tooth hurting? Well, it's a good time to make an ap...
Tuesday, January 9, 2018
Cryptocurrency payments and Bitcoin
It all seems like a bubble that we want to stay away from but we feel bad for missing this train too. We also understand that in a form or another, cryptocurrency will eventually settle down and it will be part of our everyday life. We just don't know in which form or when yet.
Those are all legitimate questions and they bug us more and more lately.
But it all got real and close to home when we had 2 Patients last month who wanted to pay for their dental services with Bitcoin! And the frustration was awkward when we didn't know anything about cryptocurrency payments or how they work. Well, since then we got on it and researched this issue, I mean sooner or later we'll have to anyway! There are numerous cryptocurrency forms of payment, and there is one designed specifically for dental payments, called Dentacoin.
Our Bank Of America merchant account doesn't accept bitcoin and understandably so, this market is too volatile and unreliable for payments for now. But there are other platforms like Shopify and Bitpay and others that will eventually become mainstream. And there are a lot of retailers who accept cryptocurrency already, like Microsoft, Overstock.com or Expedia, so this is coming to a store near you soon!
And when it does we'll be ready, until then we accept cash, checks, debit/credit cards, also ApplePay or AndroidPay, and we'll submit your claim to insurance too!
More info on our website at AlisoViejoDental.com