Share your ideas for improving MYOB Essentials Accounting. Vote on ideas and discuss them with the MYOB product development team.

MYOB Essentials

Bitcoin payment option

Experienced User

18Posts

29Kudos

0Solutions

18 Posts
Experienced User
Australia

I would like to see Bitcoin added as a payment option to MYOB Essentials.

Configuration options could include:

  1. upload your own QR code or input your public key to generate one automatically
  2. indicate exchange rate from date of invoice; and
  3. indicate if using Bitcoin, Litecoin or some other cryptocurrency

 

 

There are of course several dilemmas with accepting cryptocurrencies, I guess one of the most obvious ones is a fluctuating exchange rate which could mean goods become under or over valued, and the anonymity of the transaction.

So what does the community think? How would you imagine it implemented if at all?

 

I would really like to offer customers the ability to pay using BTC but I certainly don't want customers feeling vulnerable. Maybe it's something that should be reserved for online payment gateways.

 

Current Status: Open
Last Changed: February 2015

Thank you for the idea. Essentials only allows for one currency, paying into credit cards and banking accounts. I would encourage others that would like to see this included to vote and comment

3 Comments
MYOB Moderator
790 Posts
MYOB Moderator

Thank you for the idea. Essentials only allows for one currency, paying into credit cards and banking accounts. I would encourage others that would like to see this included to vote and comment

1 Post
User

Yes please consider adding different cryptocurrency payment options, not just bitcoin Smiley Happy

3 Posts
User

In 2020, I second this idea wholeheartedly!

 

I believe some MYOB major competitors aleady offer this option.

 

So if there's been no news since 2015, I hope the MYOB Development Team get cracking ...or at least have an outside App Developer build an MYOB Add-on to achieve this.

 

 

Cheers,

Axel