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Incentivizing Merchant Adoption

CaptainPicard

New member
I am not sure if this has been discussed previously, but are there any plans to introduce some sort of incentive to on-board new merchants to accept Dash?

For Dash to become the future of payments, we will need a massive grassroots undertaking to start on-boarding new merchants and I don't think a few well paid sales agents will be enough. Ideally there would be a reward paid to anyone who on-boards a new merchant.

One idea I had would be to build a system that pays a tiny fee to the person responsible for on-boarding a new merchant on every Dash transaction that happens through that merchant in the future. I don't know if that is technically possible, but for example if Amanda convinces Walmart to accept Dash, she would earn say .1% of every sale processed through Dash by Walmart, which could obviously add up to a lot of money (that's one dollar for every $1000 worth of Dash transactions processed). Maybe the amount could be higher like .5% or even 1%. If anyone in the world could join this type of incentive program, you'd have a lot people out there signing up merchants.

Just an idea.
 
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