At 2 years ago large retailers such as Dell and Microsoft that accept Bitcoin as a payment method.
Bitcoin payments are gaining more popularity, particularly within in the business to client world wherever security payments and protection from currency fluctuations is the biggest driver.
The speed at which Bitcoin payments in progress and cost savings compared to traditional wire transfers and PayPal transactions have placed more confidence in consumers to use Bitcoin wallet payment.
In March 2016, according Coin Telegraph: B2B Bitcoin payments also increased.
There are some Bitcoin wallet out there and how does one go about finding the right provider? After all, each provider offers their payment wallet is the most secure.
When you look under the hood of security, features such as 2-of-3 and HD multi Signature Wallet may provide insight. Other features to look out for support for multi-platform, users control the coins, reputation, online user reviews and feedback.
Comparison of Blockchain.com vs XAPO:
BLOCKCHAIN | XAPO | |
---|---|---|
Transactions is multi-signature transactions by default | 2-of-3 MULTI SIGNATURE | Transactions are signed on XAPO’s servers and not on the user’s device |
Creates a wallet backup for you, that you can store securely offline and use it to restore your wallet and its funds at any point in time, even if Blockchain.info servers are offline! | HD WALLET | Does not give you an offline HD backup, so if XAPO servers go down, you will not have access your funds |
Blockchain allows users to control their own bitcoin | CONTROLS COINS | XAPO manages the bitcoin for its users |
Had many issues in the past with downtime | REPUTATION | Rare problem (stable trend) |
If we look at the comparison above, Blockchain has more features. And of course depends on each individual wants to use a secure service
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