Bitcoin for Art: A Case Study on Accepting Bitcoin on Wix

We at Blockonomics love working with small businesses to build payment solutions for their livelihoods. An Artist wanted to run an ecommerce shop to sell prints of their original artwork, but with customers around the world they ran into problems with setting up a robust payment platform that didn’t have too many fees. Customers wanted access to a good payment processor that could handle the high payments being conducted for the art. Instead, the artist was loosing money using more conventional payment platforms. After using the Blockonomics Bitcoin Payment Processor, they were able have an easy checkout system that worked with Wix, their ecommerce platform, to allow sales to be conducted in Bitcoin.

Background

The Artist paints their own prints, and sells them to buyers around the world. Their artwork ranges from more conventional pieces, but they also paint works of art inspired by Bitcoin. They are also a digital nomad, so often need to change currencies when they move to a new location.

The Challenge

The Artist had a growing customer base from around the world, who were wanting to purchase their paintings at a premium. However, this resulted in higher fees and currency conversion rates when using conventional payment processors. Their profits were going down. Additionally, customers purchasing some Bitcoin artworks felt they were being let down by not having the opportunity to pay in Bitcoin for the art work. Additionally, both the customers and the Artist wanted privacy and security when using a payment processor. And because the Artist was not as tech savvy, they needed something that could link with their Wix shop and be easy to install and run.

The Solution

Blockonomics is company that specializes in Bitcoin payment processors for ecommerce. Founded in 2015, we have a growing market share and strive to improve our features and offer the best customer service, while giving more power to small business owners. We also offer one of the best transaction trackers, and wallet watching features.

We offer an easy to install and use Bitcoin payment solution, with no KYC requirements and process payments direct to wallet. By using How to Accept Bitcoin on Wix, the Artist was able to set up Blockonomics quickly on Wix. This was done with no Development help, and no requirement for installing extra software. The lack of a KYC requirement also sped up set up time.

As a fellow home grown startup, Blockonomics allowed them to tap into the Bitcoin market with a tool that was easy to use for new Bitcoin users, but also appreciated by established Bitcoiners. The Direct to Wallet functionality allowed orders for prints to be processed quickly, and combined with minimal fees allowed their to collect and keep their Bitcoin.

Key Learning

• An eCommerce merchant was looking for an easy way to accept Bitcoin with KYC requirments
• Blockonomics offered a way for Wix website users to accept Bitcoin quickly and easily, without KYC
• After a quick install, the Artist was able to use Blockonomics within minutes and start accepting Bitcoin with little development or effort