The question is, how much are these 21 days worth to you. What you describe is typical in banking and a result of how the banking system works.
Cryptocurrencies will solve these issues. However your customers won't use bitcoin much.
Nonetheless you could accept bitcoins (and even other cryptos). There are a few payment providers that allow you to accept bitcoin and get EUR in your bank account right away (so you are not subject to the exchange fluctuations).
Of course you can also simply accept bitcoin and exchange the money yourself when you have to.
Anyway, check out these companies:
- coinbase, you already know them but they also offer merchants services
- bitpay
And there are some other ones in EU. I am sure if you ask how to accept this there will be people here to help you.
I think what you would have to do however for it to be effective is give customers a discount when they pay in cryptocurrency, otherwise very few will likely use it.
"The question is, how much are these 21 days worth to you. What you describe is typical in banking and a result of how the banking system works."
To me typical banking means "sheet". For example, in England I got 100 pounds for opening and using a student account (nice example of typical customer care)
Back in Spain I am told I have to pay 4 euros to get cash from a cash machine (excuse me??????)
Typical is far away from fair or acceptable.
I forgot to mention it's the SAME bank
Different countries, different rules.
But yes, Spain is extremely expensive. I live on the Canary Islands which is Spanish territory and have made similar experiences.
Thanks for stopping by, Philly!
My core challenge is the acceptance of the payment system I use.
I by myself may switch to bitcoin, but my customers wouldn´t follow me.
PayPal is THE worldwide accepted digital payment platform right now. There is bank transfer and PayPal, that´s at least the small world my customers live in. Plus: My target group is not mainly composed by early adopters, it´s the complete opposite.