Founders

Lisbon

i'm trying to build an onchain payment solution for offline merchants

tried something new this morning: went for a walk around /lisbon and visited a bunch of cafès for short interviews

turns out i didn't find any owner in place, so ended up getting emails or instagram handles to reach out about my market research

so i decided to change strategy: i'm back home now after lunch and will start to scrape cafès emails with some tools and send a bunch of cold emails

let's see what happens next

building drift.money to help businesses accept stablecoin payments 💸 | core @builders-garden /urbe-eth /ethrome 🐺

https://limone.lol

Few thoughts:
- in German gastro a reason for not wanting electronic payments is extremely often - based on two waiters I learned this from - taxes: without payment record a lot of sales get “canceled” after the customer left as if they never happened. 
- Waiters are on top motivated to get cash, as they often don’t receive the tip when it comes via card payments plus not wanting to get tips taxed
- The fee argument is silly to me. Never had a cafe, but several ecommerce stores. The fee is the price to unlock the audience that is captured by that payment provider. The opportunity cost is 100% for not making the sale, 2.x% is negligible for small volumes.
- big differentiator for me would be: I get the money instantly, vs card payments taking sometimes 30 days to arrive