1421 9:34 Q&A

Q&A: Is it really better to offer more ways of accepting payment?

This listener is wondering about adding new options for accepting payment, including checking debits and cryptocurrency. Is more always better?

9:34

Subscribe Now For A Free Five Step Tutorial

Get a free five-part email course that shows you how to find, validate, and launch your side hustle idea — no experience required.

What It's About

A listener wants to know if there are any downsides to accepting more types of payment.

Notes from Chris

Episode 1421
When you set up an ecommerce site, you have to make a number of decisions. It’s easier than it ever has been—with companies such as Squarespace and Shopify providing turnkey solutions—but you still need to set up your inventory, adjust various settings, and decide how you will accept payment. That brings us to today’s question!

This listener is wondering about adding new options for accepting payment, including checking debits and crytopocurrency. Is more always better?
"Hi Chris, this is Emily from Seattle and I’ve been listening to the show since episode 1. Still enjoying the puns. My sister and I are about to launch our online store soon, and we’re going to use a combination of Stripe and PayPal. With Stripe, you can choose which credit cards you want to accept. In addition, I see that some websites have lots of other ways to process payments, including direct checking account withdrawals, cryptocurrency, and more. Part of me thinks this is overkill, but another part wonders: might it be better to have more options to pay? I don’t want to turn anyone away. Can’t wait to hear your thoughts on this. "
Listen to today's episode to learn more...

 

 

SEE ALSO: Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter

Find your side hustle

Search 450 real case studies by income, difficulty, and business model. The Side Hustle Finder helps you skip the browsing and find ideas that actually match your situation.

Explore the Finder →
Side Hustle book
From the Host

Side Hustle: From Idea to Income in 27 Days

The step-by-step guide behind many of the stories on this show. Find your idea, validate it, and start earning — no experience required.

See all books →

Keep in Touch

Chris Guillebeau speaking to a packed crowd

There's a new story every single day on Side Hustle School. Episodes are produced to be short and to the point — I know you're busy. Be sure you subscribe to get a weekly recap of each episode!

Email hello@chrisguillebeau.com
Say Hi From your favorite airport

To infinity and beyond,
Chris Guillebeau

🚀

5 Days to Your Next Side Hustle

Get a proven step-by-step plan delivered to your inbox

  • Day 1: Find your profitable idea (even if you think you have none)
  • Day 2: Validate your idea without spending a dime
  • Day 3: Create your minimum viable offer
  • Day 4: Get your first paying customer
  • Day 5: Scale without quitting your day job
🔒 100% Free
📧 No spam, ever
👋 Unsubscribe anytime

We respect your privacy. Your information will never be shared or sold.