Don't expect fees to go down any time soon. If prices continue to go up, it's almost guaranteed that people will be transacting more and more. You're likely going to end up accepting BTC payments for wholesale orders.

Where are you based by the way? Just don't commit the mistake of launching your vehicle parts shop that only accepts Bitcoin payment. If you do that, your shop might have few to zero customers. But if you accept Bitcoin payment alongside fiat payment, card payments, and other online payment options, then there's no problem and you are probably good to go. The mempool is still congested with more than 300,000 unconfirmed transactions. Fees are still high. This might discourage your customers to pay in Bitcoin.

We don't know what is going to happen in the future. But if bitcoin transactions increase day by day, the fees will remain like that and maybe it will increase further. It depends on the volume of the transactions. The ordinal things keep growing every day and the number of BRC-20 tokens and their transactions also increasing every day. A couple of Ordinal coins have been pumped in the last couple of weeks. SATS and ORDI are two of them. These two coins have been listed on Binance and since then the number of transactions has kept increasing every day. I hope more ordinal coins won't pop up in the coming weeks. The network is congested at this moment.

This is a good initiative OP. Accepting Bitcoin as an alternative mode of payment is good, even though people will rarely use it as the field of your business is not really related to Bitcoin or your customers are  not that familiar with Bitcoin, it's still good because Bitcoin will have free advertisement, it  will help the community and the people.

Nobody can assure you when Bitcoin transactions' fees are going to decrease. It can cease soon or not, so you shouldn't launch your business relying on Bitcoin payment method to work. There are no problems in telling your customers you will accept payments in BTC, you can even put some Bitcoin stickers and banners in your place to raise awareness, but in every cases, Bitcoin is just another payment method you will accept.

Focus in your business launchment and let payment options in second plan. Being paid in fiat or Bitcoin isn't what matters right now, rather it's the efficiency and promotion of your shop which will boost your business and bring more customers and money inside. Good luck, I truly hope you succeed!

If you want to launch a vehicle parts shops and want to use Bitcoin as a means of payment, you also need to add stable coins or altcoins as other coin options. That serves to overcome high transaction costs like now. People can choose to use stable coins if they mind the transaction fees of using Bitcoin.

You can still own Bitcoin by buying Bitcoin with stablecoins that are already in your wallet. Your business is going well, you have stablecoins and you can also buy Bitcoin. You can use that stablecoin to do DCA. So there are two benefits you receive from using Bitcoin and stablecoins.

And when Bitcoin transaction fees have returned to normal, you can make Bitcoin your main choice as an alternative means of payment. Of course, besides using fiat.

That is the good side that many people in many countries hope for when doing business with a new model. At least if you are the first in your city to do this, it will be an attraction in itself.

That's your first challenge, I don't think potential customers even tolerate today's crazy network fees unless you offer a discounted price for a certain purchase amount.

Nice call op.
Since you have said that your government does agree to cryptocurrency transactions in your region, I say it is a good call. As you won't have any issues with the authorities. however, the current conjestion of the mempool may act as an indirect setback to your decision.

This is because, customers may not want to make payment with fees that obviously seem uneconomical. And just like mk4 mentioned, you may actually end up using Bitcoin for mainly bulk and wholesale transactions.

Anyways, if all goes well and the mempool becomes less conjested, I suggest you put a discount on payments make in Bitcoin. this would motivate customers to make most transactions using Bitcoin instead of fiat. Like I mean who doesn't like a discount 😁

Op, when you mentioned "criteria," does that mean you'll only accept payments in Bitcoin? If that's the case, I'd suggest reconsidering. Considering the current congestion in the Bitcoin mempool, it's uncertain if fees will decrease soon. So, don't let Bitcoin be the reason your plans face obstacles next year. There are other payment options. If you're planning to use Bitcoin, it should be an alternative, not the only method. You can't expect all your customers to learn Bitcoin for purchases. Consider adding other cryptocurrency like stable coins with lower fees compared to Bitcoin. This will promote cryptocurrency payments, and your store will become known for these payment methods. Goodluck with your business and I hope it all works out as planned.

It is good to know that you have thought about the advantages of Bitcoin going up in value and that it is allow to use cryptocurrency in your country. But it is important to remember that some people have made money from Bitcoin but there are others who lost money too(talking about traders not holders).

And When it comes to the mempool of Bitcoin it is little bit hard to know that what will happen with mempool in 2024.  It can make transaction fees higher and take longer to confirm. By the way It is a good idea to keep up with what is happening in the Bitcoin network so you can make sure your customers have an easy time paying.

And regarding Fee so I will say that this is really difficult to predict because there are Ordinals are involving and due to these Ordinals the fee is going up significantly. Soon or later the f*kng ordinals will not exist anymore then the fee will automatically go down. In the mean time I will you should take local currency from your costumers if they can't pay the high fee while making transaction in Bitcoin. And you can convert the local currency in Bitcoin and can hold.