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Title: 2015-07-16 CD Bitnet Launches 'Instant Approval' Tool for Bitcoin Merchants Post by: bornil267645 on July 16, 2015, 09:51:49 AM Payment processor Bitnet has launched an 'Instant Approval' service, reducing the delays faced by merchants as they wait for bitcoin transactions to be confirmed on the blockchain.
http://www.coindesk.com/bitnet-launches-instant-approval-tool-for-bitcoin-merchants/ Title: Re: 2015-07-16 CD Bitnet Launches 'Instant Approval' Tool for Bitcoin Merchants Post by: Kakmakr on July 16, 2015, 10:01:22 AM "When asked about monetisation, Khan said the on-boarding of new clients – attracted by the speedier transactions on offer – would help the payment processor increase its revenue prospects." This means, "We will pull in as much merchants as possible with this free carrot, and when we have a strong user base, we will charge a small fee, because it's not sustainable in the long term. ChangeTip and other services are doing the same thing and people are drawn into this for the initial FREE carrot. ^Woopla^
Free is NEVER Free, there is always a catch somewhere. |