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

Crypto payments for small businesses. Contributing to the mainstream use of crypto. @gogh
ongogh.com /shop-la

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

https://limone.lol

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

oh yeah, he reached out to me in dcs and we had a great call today!

lot of things to learn from each other

tagging @manuelmaccou.eth because he's building something similar and has also been in the trenches onboarding merchants, so you may be able to share lessons learned, tips, etc. :)

limone out on the ground - love to see it

keep us updated :)

London

bringing memes to retail @bolide | shitcoins trader | passionate about UX 👩‍💻 

thanks for the insights, will definitely try this way!

I worked with retail for a long time, the best way to reach owners - ask an employee when they are at the shop. Usually once a day in the morning or Monday/Friday. 

Very much interested in what you get from this research. I personally want to onboard caffès in /london to coinbase wallet and see how people react on it

good point, they're for sure more informal, but how many of them cards or mobile payments? in my experience most of them get only cash

i'm targeting cafès first because 100% of them accept multiple payment options and i believe there's already a crypto audience for those, specially in lisbon

farmers markets or artisans on the street can be a big window for this

they are more “informal”, and suffer bigger because of the fees that traditional payment solutions offer them

Founder of the /success channel. Search Marketing Director at Kraken Kratom. 

tks for sharing!

the problem is that if i call, and the owner is not there, a random employee answers and tells me that i need to reach out to the owner by email

same that happened while going there in person, isn't it?

Just a suggestion from someone who has done a lot of cold calling/sales at local retail establishments. 

Try a phone call if you can get their number. They are likely inundated with emails from people trying to sell them shit and you might be lumped in the same pile with an email. 

If I can get someone on the phone on the other hand, I can almost always have a good outcome.

Base

Coinbase just launched EURC, a Euro-pegged stablecoin. But how would it benefit my local café beyond just saving on fees? 🤔

Imagine this:

* Easy Onboarding: Coinbase's 0-fee wallet makes adopting EURC simple for both me and my customers. ✅

* Potential On/Off Ramp Ease: If Coinbase's EU integration is smooth, on/off ramps would be a breeze. 🅾️

* Yield Generation: Holding EURC could generate passive income through native APY - music to my ears! 💰

* Affiliate Opportunities: Affiliate deals could incentivize customer Coinbase sign-ups, driving adoption and potential revenue. 🤝

* Increased Discoverability: A global map highlighting EURC-accepting businesses would definitely attract new customers. 🗺️

With these advantages, EURC could be a game-changer!  What do you think?

I wrote a little opinion, could give you some ideas

Co-Founder 

Contact: https://alice.chain.box

definitely interesting not only ofr on/off ramp, but also affiliates and discoverability as u mentioned

I wrote a little opinion, could give you some ideas https://warpcast.com/metaend.eth/0x421d24d4

Very interesting, I'm curious about the outcome!

Super nice, and given that Lisbon has been an onchain hub for some time now, it could be the perfect place to scale this type of solution.

Co-owner of two cafes in Lisbon and other three physical stores, how can I help?

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

That would be amazing if it happened 😁

I will using onchain payment for my cafe if thats happening, but on algorand chain i think. Because so fast and cheap.