Bitcoin Forum

Economy => Speculation => Topic started by: Hyena on June 22, 2015, 12:20:08 PM



Title: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 22, 2015, 12:20:08 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Anirban Sarkar on June 22, 2015, 12:31:53 PM
hmm its a good question till now it don't accept but in future it can accept by seeing the popularity of bitcoin..!!!


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Amph on June 22, 2015, 12:33:57 PM
they still don't provide paypal support and they would respond in the same way if you ask them, still uncertain about their future bitcoin support...

yet i like how you said that you can only pay in bitcoin, i guess one should lie to help bitcoin adoption  :D


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 22, 2015, 12:37:55 PM
they still don't provide paypal support and they would respond in the same way if you ask them, still uncertain about their future bitcoin support...

yet i like how you said that you can only pay in bitcoin, i guess one should lie to help bitcoin adoption  :D

:D exactly.

Regarding payment methods, I suspect that credit card giants might be bribing amazon (and possibly other shops) to prevent them from accepting rival payment methods.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: tarmi on June 22, 2015, 12:38:40 PM
obvious bull scammer is obvious.

I heard bitpay is doing very bad.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: RyNinDaCleM on June 22, 2015, 12:39:26 PM
meh, click bait :P


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: thebigtalk on June 22, 2015, 12:48:36 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

I don't think this will happen in the future. Bitcoin is clearly irreversible. It can show the data of the receiver or sender yes and it can't be anonymous but these kind of sites just don't deal with payment processors that both the buyers and sellers and THEM wont benefit.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: gentlemand on June 22, 2015, 12:52:08 PM
I assume they've been sending out the same emails since 2011 or so. It excites the enquirer and makes them sound cool without actually having to do anything.

Maybe one day there'll be enough clamouring to get them to relent, especially once the less banked countries become hungry for online shopping. An Amazon.world would still be ludicrously restrictive if all its customers needed bank accounts and credit cards.

If there's money to be made they'll pile in eventually.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Cearea11 on June 22, 2015, 12:54:20 PM
In the near future can be 1 month or 3 years. I don't think Amazon will accept BTC so early but maybe it could be the 1st marketplace that will introduce it to struggle against eBay/PayPal competition.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: hilariousetc on June 22, 2015, 01:32:59 PM
I assume they've been sending out the same emails since 2011 or so. It excites the enquirer and makes them sound cool without actually having to do anything.


It's probably an automatic email too. I'm sure Amazon will come around eventually and accept bitcoin as will hopefully most other online merchants, it's just a matter of when and having patience.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Asrael999 on June 22, 2015, 01:39:23 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.


There is absolutely no suggestion in this email exchange that Amazon are going to accept bitcoin in the future.
All you have learnt is that you cannot pay with bitcoins, and the customer relations person is forwarding a request to Amazon Higher Managements (great English by the way) because they have had more than one similar request. In the future they MAY be able to take other sorts of payment in the future. This is a possibility not news - so in essence this email exchange adds nothing as we already know that Amazon MAY accept bitcoin in the future and also that they MAY NOT.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: kwukduck on June 22, 2015, 01:41:30 PM
Will never happen, Bitcoin is in direct competition with their own coin.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: bri912678 on June 22, 2015, 01:45:31 PM
This thread's title is misleading, it is a clear statement that Amazon will be accepting Bitcoin soon, which is not true. It should be changed to something that expresses the truth of the matter, like "I asked Amazon to accept Bitcoin in the future".


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Paashaas on June 22, 2015, 01:46:09 PM
Will never happen, Bitcoin is in direct competition with their own coin.
obvious bull scammer is obvious.

I heard bitpay is doing very bad.

2 idiots, 2 trolls.

https://i.imgur.com/stByRBW.jpg


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: MF Doom on June 22, 2015, 02:18:57 PM
This thread's title is misleading, it is a clear statement that Amazon will be accepting Bitcoin soon, which is not true. It should be changed to something that expresses the truth of the matter, like "I asked Amazon to accept Bitcoin in the future".

Exactly, a lowly customer service rep responding to emails wont have much sway in company policy.

That being said it is possible they would start accepting btc as they seem to want to be on the cutting edge with their online shopping "experience"


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 22, 2015, 02:33:53 PM
This thread's title is misleading, it is a clear statement that Amazon will be accepting Bitcoin soon, which is not true. It should be changed to something that expresses the truth of the matter, like "I asked Amazon to accept Bitcoin in the future".

Exactly, a lowly customer service rep responding to emails wont have much sway in company policy.

That being said it is possible they would start accepting btc as they seem to want to be on the cutting edge with their online shopping "experience"

In past I have made such customer service requests to several other online shops so I know what kind of stuff they would answer. Amazon would have said "We have no plans to integrate Bit Coin payments any time soon. We will let you know if our policy changes", but they didn't. Instead, they answered in a really positive manner in comparison to my previous experiences. That said, it's significant.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Alex1212 on June 22, 2015, 02:36:38 PM
I thought i read something awhile back saying that amazon would never accept bitcoin, or maybe it was paypal ??? ???


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: bri912678 on June 22, 2015, 02:43:43 PM
I thought i read something awhile back saying that amazon would never accept bitcoin, or maybe it was paypal ??? ???

It might have been a Time story that you read saying that. About a year ago Amazon’s head of payments said that Amazon was not planning to accept Bitcoin. Maybe things have changed now, but I won't believe it until Someone high up at Amazon confirms it.

http://time.com/63376/amazon-bitcoin/

Quote
America’s largest online retailer has no plans to hop on the Bitcoin bandwagon. Amazon’s head of payments told Re/Code that the company has no current plans to accept the digital currency. “Obviously it gets a lot of press and we have considered it,” he said, “but we’re not hearing from customers that it’s right for them.”


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: MF Doom on June 22, 2015, 02:50:04 PM
I thought i read something awhile back saying that amazon would never accept bitcoin, or maybe it was paypal ??? ???

It might have been a Time story that you read saying that. About a year ago Amazon’s head of payments said that Amazon was not planning to accept Bitcoin. Maybe things have changed now, but I won't believe it until Someone high up at Amazon confirms it.

http://time.com/63376/amazon-bitcoin/

Quote
America’s largest online retailer has no plans to hop on the Bitcoin bandwagon. Amazon’s head of payments told Re/Code that the company has no current plans to accept the digital currency. “Obviously it gets a lot of press and we have considered it,” he said, “but we’re not hearing from customers that it’s right for them.”

I think one of the biggest problems Overstock mentioned is returns.  Most companies cash out instantly upon receiving btc as payment, so essentially creating a lot more selling of btc, (hence why we see why prices have gone DOWN after large companies like overstock and dell accept btc).

So if someone paid in btc, then wants/needs to return something, how are they refunded?  Possibly amazon could just say their policy is to give the usd equivalent of the orig purchase price, no refunds ever in btc.  then you possibly would get less btc back than you orig paid depending on the exchange rate, creating more work/hassle for amazon than is probably worth it to get setup and training ALL workers on how to use/deal with btc purchases.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: erikalui on June 22, 2015, 03:01:46 PM
That's not a positive response as whenever I contact Amazon or any other shopping/online website and ask them about supporting other payment methods/countries, they give me a "hopeful" kind of response but that doesn't mean that they will support bitcoins. They are customer support representatives and their job is to keep a customer satisfied/happy and hence their replies are sent in a non committal way.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: MF Doom on June 22, 2015, 03:12:13 PM
That's not a positive response as whenever I contact Amazon or any other shopping/online website and ask them about supporting other payment methods/countries, they give me a "hopeful" kind of response but that doesn't mean that they will support bitcoins. They are customer support representatives and their job is to keep a customer satisfied/happy and hence their replies are sent in a non committal way.

correct, a customer service rep has one job, and its to fix problems, and make the person want to come shop there again.  no financial sway at all.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Cluster2k on June 22, 2015, 03:24:33 PM
I hope people realize the reason why online retailers want to support bitcoin is because there's quite a number of early adopters sitting pretty on large stashes.  Making it easier for these users to part with their bitcoins is what business is all about.  What happens to the bitcoins?  They'll instantly get converted into US$.  Amazon is not going to be left holding the bag with a 75% value drop like we saw in 2014.

What we should be concentrating on is giving CUSTOMERS incentive to get bitcoins, earn them, spend them, and want more of them.  How many customers of Amazon today think 'nope, I won't use my credit card on one of the safest retailing sites on the Internet.  I'll go out and buy bitcoins and then use them.  Yeah, that'll be easier'.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: MF Doom on June 22, 2015, 03:28:34 PM
I hope people realize the reason why online retailers want to support bitcoin is because there's quite a number of early adopters sitting pretty on large stashes.  Making it easier for these users to part with their bitcoins is what business is all about.  What happens to the bitcoins?  They'll instantly get converted into US$.  Amazon is not going to be left holding the bag with a 75% value drop like we saw in 2014.

What we should be concentrating on is giving CUSTOMERS incentive to get bitcoins, earn them, spend them, and want more of them.  How many customers of Amazon today think 'nope, I won't use my credit card on one of the safest retailing sites on the Internet.  I'll go out and buy bitcoins and then use them.  Yeah, that'll be easier'.

exactly what i've said in the past, the whole no consumer protection thing is really a problem for a lot of people.  it would be more headache for an online retailer to deal with rather that a good thing


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: tarmi on June 22, 2015, 03:51:31 PM
I hope people realize the reason why online retailers want to support bitcoin is because there's quite a number of early adopters sitting pretty on large stashes.  Making it easier for these users to part with their bitcoins is what business is all about.  

if so, why do the early adopters trying so hard to convince others that paypal, microsoft, amazon is about to implement btc?

they are acting like those guys from customer support: telling fairy tales to average joe. but the sad truth is that payment processors like bitpay are doing very bad.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Alex1212 on June 22, 2015, 04:10:39 PM
I thought i read something awhile back saying that amazon would never accept bitcoin, or maybe it was paypal ??? ???

It might have been a Time story that you read saying that. About a year ago Amazon’s head of payments said that Amazon was not planning to accept Bitcoin. Maybe things have changed now, but I won't believe it until Someone high up at Amazon confirms it.

http://time.com/63376/amazon-bitcoin/

Quote
America’s largest online retailer has no plans to hop on the Bitcoin bandwagon. Amazon’s head of payments told Re/Code that the company has no current plans to accept the digital currency. “Obviously it gets a lot of press and we have considered it,” he said, “but we’re not hearing from customers that it’s right for them.”
yeah, that was the one i read...


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: bitcoirnplaza on June 22, 2015, 04:12:10 PM
Please close this bullshit this is pure bullish FUD.

No I'm not a bear ..


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Finchy on June 22, 2015, 04:12:30 PM
I hope people realize the reason why online retailers want to support bitcoin is because there's quite a number of early adopters sitting pretty on large stashes.  Making it easier for these users to part with their bitcoins is what business is all about.  What happens to the bitcoins?  They'll instantly get converted into US$.  Amazon is not going to be left holding the bag with a 75% value drop like we saw in 2014.

What we should be concentrating on is giving CUSTOMERS incentive to get bitcoins, earn them, spend them, and want more of them.  How many customers of Amazon today think 'nope, I won't use my credit card on one of the safest retailing sites on the Internet.  I'll go out and buy bitcoins and then use them.  Yeah, that'll be easier'.

exactly what i've said in the past, the whole no consumer protection thing is really a problem for a lot of people.  it would be more headache for an online retailer to deal with rather that a good thing

It's not an issue as it probably wouldn't be any different than using a credit card. Sites like Amazon would use a payment processor so if anything went wrong you'd be protected by that.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: DailyModo on June 22, 2015, 05:19:13 PM
yes can start accepting for this if they find a big number of users want to use this for purchase
if they get enough requests for this then they may consider this but it will take some time, but it will add value to bitcoin when one of the biggest ecommerce company amazon starts accepting bitcoin payments for shopping.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: teddy5145 on June 22, 2015, 05:21:37 PM
Well i hope amazon will accept it soon enough
Because if amazon did accept bitcoins i don't need to spend my bitcoin on amazon gift cards :D
But i gonna say that shipping fee for amazon is a little bit high  :-[
$17 bucks for shipping  :o


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: afbitcoins on June 22, 2015, 06:40:41 PM

they are acting like those guys from customer support: telling fairy tales to average joe. but the sad truth is that payment processors like bitpay are doing very bad.


In what way are bitpay doing very bad. Not having a dig, just interested in a bit more info


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: RodeoX on June 22, 2015, 06:46:59 PM
They can take them now or take them later. I don't care, I no longer use them. If they want my money again they will have to take bitcoin, because bitcoin IS my money.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jaberwock on June 22, 2015, 07:07:38 PM


What we should be concentrating on is giving CUSTOMERS incentive to get bitcoins, earn them, spend them, and want more of them.  How many customers of Amazon today think 'nope, I won't use my credit card on one of the safest retailing sites on the Internet.  I'll go out and buy bitcoins and then use them.  Yeah, that'll be easier'.

Might not be easier, but might be cheaper.
In some countries you'll pay taxes for international credit card transactions, that surely will be higher than the cost of buying bitcoins locally, and sometimes you have to pay to maintain your credit card.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Amph on June 22, 2015, 07:16:10 PM
Please close this bullshit this is pure bullish FUD.

No I'm not a bear ..

how it is fud? we can only get better if they will accept it, otherwise will remain in the same situation as we are now

i don't see any fud here, anyway...

they are not doing it for now because the tx limit is ridiculous for their big business

so don't expect them to accept bitcoin before 2016 at the very least


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: RealBitcoin on June 22, 2015, 07:19:07 PM
Bitcoin will be soon accepted by all big vendors, now we need to push it to the small guy too, othwrwise small businesses will fail at an even higher rate.

They suck at innovation and this is the perfect way to gain a little market share with a small business by accepting bitcoin.

Everyone should contact all their local small businesses to accept bitcoin payments ASAP!  8)


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: bitcoirnplaza on June 22, 2015, 07:23:04 PM
Please close this bullshit this is pure bullish FUD.

No I'm not a bear ..

how it is fud? we can only get better if they will accept it, otherwise will remain in the same situation as we are now

i don't see any fud here, anyway...

they are not doing it for now because the tx limit is ridiculous for their big business

so don't expect them to accept bitcoin before 2016 at the very least

OP telling us that amazon WILL add bitcoin.

...

..

.

(its not..)


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Natalia_AnatolioPAMM on June 22, 2015, 08:55:25 PM
that's the hugest news of the week!


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: neurotypical on June 22, 2015, 10:30:10 PM
meh, click bait :P
Kinda, but it shows they are receiving lots of suggestions and it looks pretty good. It's cool that they are sending it to the upper management personnel. So what we need to do is send the similar emails and create even more pressure. Imagine if here everyone did that.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: techgeek on June 22, 2015, 10:34:43 PM
Umm like when?

I dont think its anytime soon at all I can say that much, maybe like 2018? or leaving open ending questions usually means a nice way of saying no lol.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: tiggytomb on June 22, 2015, 10:43:09 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

I think this is just a standard service response, It is good that they actually respond which means that these requests are in the system somewhere and not just written off as spam, maybe one day but who knows, I wouldn't read too much into this response though to be honest.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: real789 on June 22, 2015, 10:48:29 PM

Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

if 10.000 person contact amazon i think he would be consider to accpet bitcoin near and soon :D
the respond is good and i think that a standart procedur to customer service

i hope googleplay will be support bitcoin,  very hard to get positiv feedback about bitcoin in goolgeplay gift/payment metod


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: mrhelpful on June 23, 2015, 12:37:35 AM
Hahah, the day amazon does say anything about bitcoin..it`ll prob come on the cnn or something.

Rather then just hoping, I rather look at what the twins would help us on the etf then anything else.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Kanine Awe on June 23, 2015, 12:39:56 AM
I don't think this is them going to accept bitcoin anytime soon. This seems like a normal response to just avoid any further inquiries or harassment.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jones techbit on June 23, 2015, 01:21:58 AM
I hope it'll  consider it as a  payment option. All in good time
Remember when PayPal was brand new? It was cool but suspicious and now it's one of the easiest ways to pay for something online.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: lissandra on June 23, 2015, 01:52:34 AM
I don't think this is them going to accept bitcoin anytime soon. This seems like a normal response to just avoid any further inquiries or harassment.

Thats the supports job, to take inquiries of peoples problems of a purchase or anything related.

Why feel bad, when they get paid to listen to peoples problems lol.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: pooya87 on June 23, 2015, 03:01:37 AM
i feel like this Email respond of theirs means that
"it is not going to happen, and higher managements already knows this, at least not any time soon but please keep using our services and don't go anywhere."

but if Amazon starts accepting bitcoin, it is going to make a huge difference in bitcoin world.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Jamacn on June 23, 2015, 04:37:14 AM
I've heard that last year, I believe it will be ture sooooooooooooooooooooon


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: PenguinFire on June 23, 2015, 04:47:01 AM
Very cool and progressive news.  I think I am only of the few that doesn't really use Amazon.  I don't know why, I just have anyway found online retailers I preferred to trade with.  My mom has used Amazon more than I have.  :-X


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Herbert2020 on June 23, 2015, 11:03:40 AM
awww man. i got disappointing. :(

when i read the topic of this post "Amazon is going to..." i though that they have already made their plans and started the ground work. but it looks like it was a false hope.

but i will keep dreaming though...


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: randy8777 on June 23, 2015, 12:30:28 PM
awww man. i got disappointing. :(

when i read the topic of this post "Amazon is going to..." i though that they have already made their plans and started the ground work. but it looks like it was a false hope.

but i will keep dreaming though...

no need to dream. if amazon thinks they can benefit from allowing people to pay with bitcoin then they will surely add it. at this point they probably don't think it will give them a revenue boost beside the initial first weeks of accepting it.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Natalia_AnatolioPAMM on June 23, 2015, 01:07:41 PM
i feel like this Email respond of theirs means that
"it is not going to happen, and higher managements already knows this, at least not any time soon but please keep using our services and don't go anywhere."

but if Amazon starts accepting bitcoin, it is going to make a huge difference in bitcoin world.

If it does, it's gonna be a revolution!


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: okthen on June 23, 2015, 02:11:27 PM
They won't accept bitcoin as long as they keep spelling it Bit Coin...


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: kenbytes on June 23, 2015, 03:17:30 PM
The best way for Amazon to accept BitCoin will be to make them feel like they're missing out on purchases if they don't accept BitCoin.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Phineas on June 23, 2015, 03:50:27 PM
This is great news for Bitcoin.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: 1Referee on June 23, 2015, 10:47:31 PM
This is great news for Bitcoin.

Did you happen to read anything else beside the title? I guess not.  ::)

I don't think Amazon is going to accept Bitcoin as payment method, they would have already done so if they were really interested.

There are certain debit cards that convert your Bitcoin balance in various fiat currencies. Via that way you can practically buy anything worldwide.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: gentlemand on June 23, 2015, 10:52:38 PM

I don't think Amazon is going to accept Bitcoin as payment method, they would have already done so if they were really interested.


BTC is still nowhere in retail terms. I would've thought most merchant figures would back that up. They did it for publicity, looking cool and hoovering up a few early adopter dollars.

It'll be a good while, if ever, before accepting it becomes a commercial imperative and that's when Amazon would start to take it seriously.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: SmartIphone on June 23, 2015, 11:11:21 PM
If amazon accept bitcoins then there will be many sites useless like purse.io that exchange bitcoin for amazon and amazon for bitcoin


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jbrnt on June 23, 2015, 11:11:42 PM
Amazon is too close to the credit card companies to accept another payment system. They will not accept bitcoin anytime soon because bitcoin do not bring in enough business to warrant the implementation costs.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: mrhelpful on June 23, 2015, 11:44:27 PM
believe it or not, most people will frown at you when you say you know bitcoin lol.

so if the mass doesnt have a clue, then amazon isnt really going to see it anytime soon.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: cellard on June 24, 2015, 12:50:10 AM
What I don't get is what sort of research a company has to do with accepting BTC... I mean, if there is something cheap to do, is accepting BTC. It's basically free to do so, since you don't have to run the ledger yourself... these guys are losing money from people that would exclusively buy with BTC from them. Every merchant not accepting BTC is losing money basically, for no reason.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: SmartIphone on June 24, 2015, 12:50:46 AM
believe it or not, most people will frown at you when you say you know bitcoin lol.

so if the mass doesnt have a clue, then amazon isnt really going to see it anytime soon.

People will be familiar, and amazon is not the first that will implement, also fiver implemented and it is useful


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: lissandra on June 24, 2015, 01:03:20 AM
believe it or not, most people will frown at you when you say you know bitcoin lol.

so if the mass doesnt have a clue, then amazon isnt really going to see it anytime soon.

People will be familiar, and amazon is not the first that will implement, also fiver implemented and it is useful

I seen it on most check outs, now we just need people to get some sort of discounts for using it.

This way, people will go buy and search for it and possible temp increase value.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: prodigy8 on June 24, 2015, 01:07:38 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: farting_shot on June 24, 2015, 02:14:04 AM
Past history shows that each time a major retailer starts accepting bitcoin, the price of btc has tanked. Food for thought. I really hope Amazon and eBay start accepting bitcoins, it will cause massive crashes. LOL.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Alley on June 24, 2015, 03:35:49 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment

Unless they offer a discount i dont think it will rise.  There is no incentive to buy bitcoin from a exchange and spend it at amazon.  Its a extra step and people already got there credit cards filed with amazon.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Chef Ramsay on June 24, 2015, 03:43:41 AM
Stop the conversation! The only thing that would matter here (and no, I didn't scan the middle pages) is that if Amazon would accept bitcoin, that they should actively advertise discounts for paying w/ it (I'm a broken record about that sort of thing but it is the apex of bitcoin payments). Unless this happens, this move would just add to selling pressure unless there is a residual demand to purchase w/ bitcoin to receive said discounts in such a large trading/good purchasing place. Don't ever fall for these stories of places accepting bitcoin unless they give a % off because you use bitcoin's utility to pay them. As it is, you pay a markup on bitcoin in most buying zones unless you catch it on an exchange where the risk is insolvency at some miniscule rate.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: ammy009 on June 24, 2015, 05:12:29 AM
but what about purse.io ? Isn't the solution for buying from amazon with bitcoins ?


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: horace0812 on June 24, 2015, 05:16:21 AM
Good to hear that,
once Amazon accept BTC, it also force other companies to accept,
which means most goods / services can be bought by BTC in the near future


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Amph on June 24, 2015, 07:40:31 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment

Unless they offer a discount i dont think it will rise.  There is no incentive to buy bitcoin from a exchange and spend it at amazon.  Its a extra step and people already got there credit cards filed with amazon.

not only that but amazon will dump it as a fast as possible, so the price will not rise much because of this too, like it happened when newegg and dell and microsoft accepted it, there was a dump actually at first...

but you can except a slow rise if they will accept bitcoin along with ebay


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: EternalWingsofGod on June 24, 2015, 08:02:18 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment

Unless they offer a discount i dont think it will rise.  There is no incentive to buy bitcoin from a exchange and spend it at amazon.  Its a extra step and people already got there credit cards filed with amazon.

not only that but amazon will dump it as a fast as possible, so the price will not rise much because of this too, like it happened when newegg and dell and microsoft accepted it, there was a dump actually at first...

but you can except a slow rise if they will accept bitcoin along with ebay

Yep, a nice price drop as coins are dumped into the market due to strong sell pressure from all the conversions but then over time a gradual growth in the userbase and number of people who retain their Bitcoins for longer durations resulting in a price increase.

That said who knows a year is a while in the tech sector they might be more interested in it after observing how it operates for a year, but while we wait there are still a lot of other places to get goods.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: SmartIphone on June 24, 2015, 09:54:55 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment

Ebay will implement bitcoin immediately of course, and many other smiliar sites.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: LFC_Bitcoin on June 24, 2015, 10:03:31 AM
I don't think Amazon are going to accept BTC yet, not in the near future but trust me if/when they do it'll be huge for BTC. Amazon is supposedly the biggest online marketplace in the world, if/when they start acceptiing BTC forget the moon, we'll be fired into another galaxy.
Are there any rumours suggesting this is a possibility or is it just wild speculation/hope?
Something like that seems to good to be true, we'd all be rich if this ever happened. Fingers crossed hey.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: pooya87 on June 24, 2015, 11:55:48 AM
If Amazon starts accepting BitCoins eBay would follow suit.
I can't even imagine how hight BTC would skyrocket if they accepted BTC as payment

Unless they offer a discount i dont think it will rise.  There is no incentive to buy bitcoin from a exchange and spend it at amazon.  Its a extra step and people already got there credit cards filed with amazon.

not only that but amazon will dump it as a fast as possible, so the price will not rise much because of this too, like it happened when newegg and dell and microsoft accepted it, there was a dump actually at first...

but you can except a slow rise if they will accept bitcoin along with ebay
i think the fact that they would dump the coins doesn't affect the price. because the news of Amazon accepting bitcoin first of all will cause a chain reaction that in short term we can see a lot of others like Ebay start accepting bticoin.

on the other hand this news can make more people buy bitcoin which will cause an increase in demand that causes the price to rise.

also the news alone will shift the market towards higher prices since it is a good news and it would be  anticipated that demand will rise.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: btcjoin14 on June 24, 2015, 02:39:47 PM
It would be great .for Bitcoin to take off, retailers must accept it and must have success doing so.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Alley on June 25, 2015, 12:35:41 AM
Again, why would a average Joe buy bitcoin on a exchange and pay a 1% fee just to go spend it at amazon?  In that scenario its more expensive to use bitcoin then credit card.  Now it would be different if we were on a uptrend and you bought bitcoin wanted 2 weeks to spend it and price was $10 higher.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: unholycactus on June 25, 2015, 12:39:25 AM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

to the higher managements = the shredder by his desk and that's assuming he printed your email instead of replying with an automated message.



Title: Re: Amazon is going to accept bitcoin in the near future
Post by: gentlemand on June 25, 2015, 12:46:28 AM
Again, why would a average Joe buy bitcoin on a exchange and pay a 1% fee just to go spend it at amazon?  In that scenario its more expensive to use bitcoin then credit card.  Now it would be different if we were on a uptrend and you bought bitcoin wanted 2 weeks to spend it and price was $10 higher.

That would be dead cool but just as unsustainable and would probably scare off as many people as it turned on.

Retail with BTC needs quite a few major readjustments. I'm not so sure they'll ever arrive. Most retailers have so little margin that there wouldn't be enough discount to attract buyers. If the potential savings worked down the entire supply line then it might happen.



Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jaberwock on June 25, 2015, 02:13:43 AM
Again, why would a average Joe buy bitcoin on a exchange and pay a 1% fee just to go spend it at amazon?  In that scenario its more expensive to use bitcoin then credit card.  Now it would be different if we were on a uptrend and you bought bitcoin wanted 2 weeks to spend it and price was $10 higher.

To save international buy fees, if they are importing stuff.

And people need to spend what they earn with signature campaigns etc, sucks lose X% of my value in BTC when I need to buy something


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: twister on June 25, 2015, 07:59:18 AM
but what about purse.io ? Isn't the solution for buying from amazon with bitcoins ?

Whether it is a solution or not is irrelevant to the discussion happening here, if you're thinking of in-direct solutions, you'll probably find ways of buying things from other sites using bitcoin with a middleman in between. What we really want is to have companies accepting bitcoins directly, so people can shop and pay directly without having to rely on a third party.

Stop the conversation! The only thing that would matter here (and no, I didn't scan the middle pages) is that if Amazon would accept bitcoin, that they should actively advertise discounts for paying w/ it (I'm a broken record about that sort of thing but it is the apex of bitcoin payments). Unless this happens, this move would just add to selling pressure unless there is a residual demand to purchase w/ bitcoin to receive said discounts in such a large trading/good purchasing place. Don't ever fall for these stories of places accepting bitcoin unless they give a % off because you use bitcoin's utility to pay them. As it is, you pay a markup on bitcoin in most buying zones unless you catch it on an exchange where the risk is insolvency at some miniscule rate.

"Yes Chef"


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Q7 on June 25, 2015, 09:52:03 AM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: pereira4 on June 25, 2015, 03:59:16 PM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 25, 2015, 08:25:50 PM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Exactly, Steam! They could have in-game payments in bitcoins because that's where bitcoin would really rock.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 25, 2015, 08:39:30 PM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Accept crypto? Lose money :(


That's because they decide to hold some of their earnings in BTC. This is not even news. If they started accepting BTC in 2013 they would still be in green.

edit: whatever


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: hilariousetc on June 25, 2015, 09:00:23 PM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Accept crypto? Lose money :(

http://s17.postimg.org/53cbiyr73/Capture.png

Well that's the risk you take when you hold a percentage of coins instead of using a payment processor, but who knows how much those coins might be worth in the future.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: AceWallen on June 25, 2015, 10:56:48 PM
so... a generic response from a front-line customer service rep that says nothing. nice!

OP: Gyft is online 24 hours a day. ;)


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: NUFCrichard on June 26, 2015, 06:53:54 AM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Accept crypto? Lose money :(

http://s17.postimg.org/53cbiyr73/Capture.png

Well that's the risk you take when you hold a percentage of coins instead of using a payment processor, but who knows how much those coins might be worth in the future.
They have a paper loss if they still have the Bitcoins.  If they hold and the price rises, they have lost less or maybe gained.
As the number of Bitcoin they have has stayd the same, they haven't really lost anything, tax wise anyway I assume.

I doubt they will be complaining when the price rises again. 


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Elwar on June 26, 2015, 09:22:52 AM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.


Interesting, have you dropped your credit cards as well? I have sent similar e-mails to merchants telling them that I am dropping my credit cards and using bitcoins.

Maybe I should create a thread so we can coordinate our e-mails to merchants.


Edit: Here it is
https://bitcointalk.org/index.php?topic=1100748.0


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Hyena on June 26, 2015, 10:16:00 AM
Interesting, have you dropped your credit cards as well? I have sent similar e-mails to merchants telling them that I am dropping my credit cards and using bitcoins.

Maybe I should create a thread so we can coordinate our e-mails to merchants.


Edit: Here it is
https://bitcointalk.org/index.php?topic=1100748.0

I have never used my debit card as a credit card because I don't trust it and I don't like the idea of taking a loan. I do use a debit card for OTC purchases. For international purchases I can only use bitcoin because I don't have a paypal account and I don't intend to create one. Also, I don't think online merchants accept SEPA bank transfer as a payment method, although I haven't looked into it.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: okae on June 26, 2015, 11:56:12 AM
is always good to hear that from a big company like amazon, but i dont beleive his reply since they didnt accept paypal yet for example, so i didnt know what to think about it.

btw as i sayd, would be awesome if they do it, lot of big companys will do the same after see it.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jbrnt on June 26, 2015, 07:38:48 PM
Well that's the risk you take when you hold a percentage of coins instead of using a payment processor, but who knows how much those coins might be worth in the future.

Overstock does use a payment processor. They do not accept bitcoin directly:

Quote
"At present we do not accept bitcoin payments directly, but use a third party vendor to accept bitcoin payments on our behalf. That third party vendor then immediately converts the bitcoin payments into US dollars so that we receive payment for the product sold at the sales price in US dollars."
http://www.coindesk.com/overstock-reports-over-100k-in-bitcoin-losses-for-q1-2015/

If they are holding cryptos, they should have bought them from the market or back from the payment processor in a separate deal. They lost $117,000 on its investments in cryptos in 2015 Q1. The report said "crypto" not bitcoin, Overstock may be holding litecoin or doge other than bitcoin as investment.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: randy8777 on June 27, 2015, 12:40:58 AM
is always good to hear that from a big company like amazon, but i dont beleive his reply since they didnt accept paypal yet for example, so i didnt know what to think about it.

btw as i sayd, would be awesome if they do it, lot of big companys will do the same after see it.

maybe that they just don't incorporate bitcoin because of the blocksize. if such a company indeed accept bitcoin as form of payment, then it will result in full to nearly full blocks if it turns out that amazon sells a lot via bitcoin.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Elwar on June 27, 2015, 07:52:19 AM
is always good to hear that from a big company like amazon, but i dont beleive his reply since they didnt accept paypal yet for example, so i didnt know what to think about it.

btw as i sayd, would be awesome if they do it, lot of big companys will do the same after see it.

maybe that they just don't incorporate bitcoin because of the blocksize. if such a company indeed accept bitcoin as form of payment, then it will result in full to nearly full blocks if it turns out that amazon sells a lot via bitcoin.

Ya, because everyone is worried about the blocksize upgrade, even Amazon  ::)


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: HigsonPP on June 27, 2015, 08:30:05 AM
they still don't provide paypal support and they would respond in the same way if you ask them, still uncertain about their future bitcoin support...

yet i like how you said that you can only pay in bitcoin, i guess one should lie to help bitcoin adoption  :D

Haha, I liked the part too when he said he can only pay through bitcoins. Lying might not be an accurate word, manipulating might be ;)
I think amazon will provide payment support very soon, much more types of payment modes can be supported.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: maxvolts on June 27, 2015, 12:52:30 PM
I order from amazon all the time using bitcoins through: https://giftoff.com/ have used them loads of times without any issues at all.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Shiver on June 27, 2015, 02:41:54 PM
If it suited their accounting purposes, they could have said "we lost $xxxxxx in opportunity because we were too slow to get into BTC".



Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Accept crypto? Lose money :(

http://s17.postimg.org/53cbiyr73/Capture.png


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Finchy on June 27, 2015, 04:01:20 PM
Well, it looks more like a standard automated cut and paste reply to me. From their business viewpoint, they won't integrate as long as the volume is not big but when this starts to go mainstream, I'm sure you don't even need to send an email asking them for a favor. They will voluntarily do it. But I'm sure like every big business entity they are monitoring the progress of bitcoin.

I don't understand why they don't do it already.
Sure, if no one did it before, it would be way to risky, but I mean even Microsoft is already in. What the hell are they losing except clients? eBay needs to get with the times as well, same for Steam.

Accept crypto? Lose money :(

http://s17.postimg.org/53cbiyr73/Capture.png

Well that's the risk you take when you hold a percentage of coins instead of using a payment processor, but who knows how much those coins might be worth in the future.
They have a paper loss if they still have the Bitcoins.  If they hold and the price rises, they have lost less or maybe gained.
As the number of Bitcoin they have has stayd the same, they haven't really lost anything, tax wise anyway I assume.

I doubt they will be complaining when the price rises again. 

I don't think they are complaining about anything just publishing their finances. I'm sure they're aware of the risks involved with bitcoin, and I'm sure they will hold for the considerable future, but nothing is guranteed with bitcoin. It's possible they may never recoup that money or are not willing to hold onto them for long enough.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: kingaltcoins on June 30, 2015, 12:40:34 AM
they will eventually dump at some point, i'm not really convinced that this adoption will be a good thing


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Chalkbot on June 30, 2015, 12:45:14 AM
I sent a similar email to Amazon about two years ago and got the same response, so... Still coming soon(tm)!


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Amph on June 30, 2015, 08:32:01 AM
they will eventually dump at some point, i'm not really convinced that this adoption will be a good thing

it will be, because will use bitcoin more, if amazon was to accept it, the fact that they will dump huge amount also, mean that a huge amount of bitcoin was purchased before that

a 1:1 ratio which will favor buyers, in the end and will make the price more strong and stable


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: zby on June 30, 2015, 10:51:44 AM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

I am sure I've seen a very similar conversation being quoted on this forum in 2011.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: HarHarHar9965 on June 30, 2015, 11:37:58 AM
Same lies, different words. However, it would be amazing if bitcoin is accepted as a method of payment gateway as I am an avid online shopper and spend most of my tokens, gift cards and cash buying amazon products. It will make things easier.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: foxbitcoin on July 04, 2015, 07:01:01 PM
i think that once Amazon integrates BTC, that we should see an increase in price because there will probably be so many more BTC transactions per day, and so many more BTC needed worldwide


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: chesthing on July 04, 2015, 07:07:55 PM
How the hell does Hyena make that conclusion based on that incredibly vague, form letter response?


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: BrewCrewFan on July 04, 2015, 07:18:47 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

I don't think this will happen in the future. Bitcoin is clearly irreversible. It can show the data of the receiver or sender yes and it can't be anonymous but these kind of sites just don't deal with payment processors that both the buyers and sellers and THEM wont benefit.

Really? Why not? Newegg take bitcoin and they are one of the major retailers for computer hardware.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Zorrocoin on July 05, 2015, 08:37:16 AM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.


That would be incredible because I use Amazon all the friggin' time and payment with bitcoin has been my goal since a long time. Soon, we may see a lot of websites and other resources using bitcoin as a currency. That is great news. Go, BITCOIN!












Title: Re: Amazon is going to accept bitcoin in the near future
Post by: RodeoX on July 06, 2015, 04:49:01 PM
I don't think this will happen in the future. Bitcoin is clearly irreversible. It can show the data of the receiver or sender yes and it can't be anonymous but these kind of sites just don't deal with payment processors that both the buyers and sellers and THEM wont benefit.

Well... The fact that bitcoin is irreversible is one of the strongest advantages for Amazon. It eliminates the risk of fraud and allows them to ship with absolute confidence. With a credit card purchase the item is often shipped before the bank can confirm the credit account. That takes 2-30 days and by then the thief is long gone.
As far s not being anonymous, well... that is not quite correct. If you know what your doing you can use bitcoin in an anonymous way. But that does not matter to the receiver because they could care less who you are. What matters is that you paid. In fact who cares if it was you that paid, as long as payment was received.

So what are the benefits? For me (the customer) the best benefit is privacy. Each time you use your credit card online you expose everything needed to steal more of your money. And you give this information to the business, the payment processor, and anyone else who is observing the transaction, hacking the server,... who knows? I don't use anything except bitcoin anymore online. In brick-n-mortar stores I still have to use the CC, and in the last year alone I have been issued new cards three times due to breaches.  

For the business the greatest advantage is money. They lose 3% on each transaction with a credit card. If they use a bitcoin payment processor they have to give up between 0%-1%.  They also like getting out of the liability of holding peoples CC information and the low risk of accepting what is essentially a cash transaction.  All these advantages and the extremely low bar to entry make me think they will have to accept BTC at some point. They have already lost my business and won't get it back until they take bitcoin.



Title: Re: Amazon is going to accept bitcoin in the near future
Post by: gentlemand on July 06, 2015, 04:55:11 PM

So what are the benefits? For me (the customer) the best benefit is privacy. Each time you use your credit card online you expose everything needed to steal more of your money. And you give this information to the business, the payment processor, and anyone else who is observing the transaction, hacking the server,... who knows? I don't use anything except bitcoin anymore online. In brick-n-mortar stores I still have to use the CC, and in the last year alone I have been issued new cards three times due to breaches.  

For the business the greatest advantage is money. They lose 3% on each transaction with a credit card. If they use a bitcoin payment processor they have to give up between 0%-1%.  They also like getting out of the liability of holding peoples CC information and the low risk of accepting what is essentially a cash transaction.  All these advantages and the extremely low bar to entry make me think they will have to accept BTC at some point. They have already lost my business and won't get it back until they take bitcoin.


It's the credit card companies who pick up the bill for data breaches. It does suck but I don't think people can be bothered to think it through enough for it to be a problem for them.

I seriously doubt Amazon pays that percentage on cards. The EU is proposing a 0.2% cap on card charges. The US does seem to be in the stone age when it comes to financial stuff so maybe they do pay more.

Irreversibility and instant funding are definitely huge boons for retailers. Still gotta figure out how to make it appeal for their customers. I don't think margins are big enough to offer the sexiest discounts.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: RodeoX on July 06, 2015, 05:14:05 PM
It's the credit card companies who pick up the bill for data breaches. It does suck but I don't think people can be bothered to think it through enough for it to be a problem for them.

I seriously doubt Amazon pays that percentage on cards. The EU is proposing a 0.2% cap on card charges. The US does seem to be in the stone age when it comes to financial stuff so maybe they do pay more.

Irreversibility and instant funding are definitely huge boons for retailers. Still gotta figure out how to make it appeal for their customers. I don't think margins are big enough to offer the sexiest discounts.
I bet your right that Amazon is so huge that they have negotiated a better rate. But it can't be much better because they do have to pay for data breaches, not directly, but any business model requires someone else to pay other than the CC issuer. After all, this is not a public service so the issuer must pass on the insurance loss to the customer (in this case Amazon). The standard fee charged by MasterCard/Visa is 3%. I think businesses in America would love to only pay 0.2%, That is the lowest I have heard. Perhaps it is because we still use the extremely unsafe "magnetic stripe" cards?


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: gentlemand on July 06, 2015, 05:18:24 PM

I bet your right that Amazon is so huge that they have negotiated a better rate. But it can't be much better because they do have to pay for data breaches, not directly, but any business model requires someone else to pay other than the CC issuer. After all, this is not a public service so the issuer must pass on the insurance loss to the customer (in this case Amazon). The standard fee charged by MasterCard/Visa is 3%. I think businesses in America would love to only pay 0.2%, That is the lowest I have heard. Perhaps it is because we still use the extremely unsafe "magnetic stripe" cards?

Yes. It's all chip and pin in the UK plus stuff like contactless payments. I'm sure the rest of the EU isn't far behind or is ahead.

I think it'll be 0.2 for debit cards and 0.3 for credit cards. As far as I know we don't get these enormous data breaches like the Target one either. Plenty of fraud still of course but not the giant examples.

I've spent a fair bit of time in the US and was astounded at how backwards it is in terms of how everyday finance works there. In the UK ATMs are mainly free. Bank transfers are free and not far off instant. International transfers don't hang about either.



Title: Re: Amazon is going to accept bitcoin in the near future
Post by: bumm on July 09, 2015, 04:50:47 PM
i had once sent same kind of email to them for including paypal account. paypal being one of the most trusted online payment system, amazon still doesnt have paypal. i doubt that near they keep telling to people. amazon will only start accepting bits if there is some profit to them. untill then use other payment options :p


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: MUFC on July 09, 2015, 05:30:29 PM
i had once sent same kind of email to them for including paypal account. paypal being one of the most trusted online payment system, amazon still doesnt have paypal. i doubt that near they keep telling to people. amazon will only start accepting bits if there is some profit to them. untill then use other payment options :p

Amazon probably doesn't accept Paypal because of how easy it is to commit fraud with it and do charegbacks, not to mention very high fees. I mean, if people have a paypal account then 99% of people who use it have a debit or credit card linked so why not just use your card directly on amazon?


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: JarvisTechnology on July 09, 2015, 05:40:27 PM
Amazon people are lethargic when it comes to the execution of the suggestions. Amazon doesn't even provide proper Paypal support. About Bitcoin , i think it will take close to 5 years to get into its payment options list. But then again , we should never stop hoping for the best.Bitcoin and Amazon will make an efficient combination because they both are customer friendly.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Scamc0p on July 09, 2015, 05:43:22 PM
I can not see this happening, it is not a large companies nature to change their business model. What does amazon have to benefit in accepting a new way for payments? This would hinder their own gift cards.
That support tech told you this to not have anymore discussion about it.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: minerbit hill on July 11, 2015, 06:40:16 PM
I buy a lot of things from Amazon. I'd switch to paying with Bitcoin if they did.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: BitcoinNewsMagazine on July 11, 2015, 07:16:56 PM
Contacted their customer support today with the following message:

Quote
Hi!

I can only pay with bitcoins but you don't accept that payment method. I also cannot
exchange the bitcoins for a gift card on a 3rd party web service because none of
them is currently online. Please integrate with bitpay or start accepting bitcoin
payments directly so that I can order from your site.

Got this answer:

Quote
Hello,

I'm sorry if we did not meet your expectations. Unfortunately, we don't process Bit
Coins. However, I sent your inquiry and suggestion to the higher managements since
this is not the first suggestion from a customer. We do hope that in the near
future, we may be able to provide payments in all kind of payment methods.

You can already use bitcoin to buy at Amazon using Purse.io. I outlined the procedure at how to use Purse.io to buy From Amazon Using bitcoin (https://bitcoinnewsmagazine.com/use-purse-io-to-buy-from-amazon-using-bitcoin/).


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: BitcoinNewbie15 on July 12, 2015, 06:15:52 PM
If Amazon started accepting Bitcoin payments then that would make Bitcoin much more useful as a currency. I would happily purchase on amazon if it was directly with Bitcoin, because I would much rather use Bitcoin to make payments instead of some other service like Paypal for example.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: BrewCrewFan on July 12, 2015, 07:35:19 PM

So what are the benefits? For me (the customer) the best benefit is privacy. Each time you use your credit card online you expose everything needed to steal more of your money. And you give this information to the business, the payment processor, and anyone else who is observing the transaction, hacking the server,... who knows? I don't use anything except bitcoin anymore online. In brick-n-mortar stores I still have to use the CC, and in the last year alone I have been issued new cards three times due to breaches. 

For the business the greatest advantage is money. They lose 3% on each transaction with a credit card. If they use a bitcoin payment processor they have to give up between 0%-1%.  They also like getting out of the liability of holding peoples CC information and the low risk of accepting what is essentially a cash transaction.  All these advantages and the extremely low bar to entry make me think they will have to accept BTC at some point. They have already lost my business and won't get it back until they take bitcoin.


It's the credit card companies who pick up the bill for data breaches. It does suck but I don't think people can be bothered to think it through enough for it to be a problem for them.

I seriously doubt Amazon pays that percentage on cards. The EU is proposing a 0.2% cap on card charges. The US does seem to be in the stone age when it comes to financial stuff so maybe they do pay more.

Irreversibility and instant funding are definitely huge boons for retailers. Still gotta figure out how to make it appeal for their customers. I don't think margins are big enough to offer the sexiest discounts.

First, you do not realize the damage to the name if there is a breach. How do you think target did as an example. No one hears about the CC company that got hacked, its the company that did, be it Amazon, Shopko, Wendys... ect.

Another thing, I can bet Amazon does pay high per transaction fee to the card companies or have a "bulk" discount, but its gonna be at least 2%. The reason why you will never know exactly is because they are bound to terms I am sure where they can not publicly discuss it.
If it was that low, they would be able to discuss it because it would make the cc companies look great.
A cap will do nothing, cept now the card companies will shift the cost to something else, interest, annual fees... there is a whole lotta stuff they can raise in order to offset the cap loss.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: LFC_Bitcoin on July 12, 2015, 09:00:04 PM
I can not see this happening, it is not a large companies nature to change their business model. What does amazon have to benefit in accepting a new way for payments? This would hinder their own gift cards.
That support tech told you this to not have anymore discussion about it.

Another increasing group of potential customers, that's what they have to gain. They can still convert it to fiat immediately.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jt byte on July 12, 2015, 11:27:42 PM
If Amazon started accepting Bitcoin payments then that would make Bitcoin much more useful as a currency. I would happily purchase on amazon if it was directly with Bitcoin, because I would much rather use Bitcoin to make payments instead of some other service like Paypal for example.
I'm pretty sure Amazon has this on the agenda. Give them another year ;)


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Dissonance on July 13, 2015, 03:14:11 AM
While it would be great to use bitcoin on amazon. I wouldn't do it when you can use bitcoin at gyft.com/ egifter.com and get 3% cashback for buying amazon e-giftcards.



Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Elwar on July 13, 2015, 09:44:12 AM
I prefer using purse.io to get 20-35% off of my Amazon purchases (can do up to 50% but have never had such an order filled).

Just bought a laptop on Amazon (Lenovo Thinkpad X1 Carbon 20A70037US):
List Price:    $2,099.00
Price:    $1,499.99 & FREE Shipping
You Save:    $599.01


Purse Price
$1229.4

Paid with bitcoins


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: jacktheking on July 13, 2015, 09:51:04 AM
Ahh. I will contact their customer support and ask about Bitcoin integration soon. Hopefully my question will lead to a more faster "Bitcoin accepted Amazon.com". :).

I prefer using purse.io to get 20-35% off of my Amazon purchases (can do up to 50% but have never had such an order filled).

Just bought a laptop on Amazon (Lenovo Thinkpad X1 Carbon 20A70037US):
List Price:    $2,099.00
Price:    $1,499.99 & FREE Shipping
You Save:    $599.01


Purse Price
$1229.4

Paid with bitcoins

I prefer to use Gyft since they give me Amazon Giftcard. When I purchase something, I have more privacy and more control. Already bought three Amazon Giftcards and one Ebay Giftcard from them. Used those Amazon Giftcard to purchased 2 items from Amazon.com.


Title: Re: Amazon is going to accept bitcoin in the near future
Post by: Elwar on July 13, 2015, 10:05:34 AM
I prefer to use Gyft since they give me Amazon Giftcard. When I purchase something, I have more privacy and more control. Already bought three Amazon Giftcards and one Ebay Giftcard from them. Used those Amazon Giftcard to purchased 2 items from Amazon.com.

Yes, I use egifter and gyft for ebay purchases.

Being able to buy things on Amazon and eBay with bitcoins covers a whole lot of things I would ever want to buy on the Internet.