Bitcoin Forum

Why has amazon not added bitcoin as one of their payment options?

Are there any risks associated with buying and selling on amazon with bitcoins?

Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment.
Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.

The important reason for that because the price of bitcoin is volatility and caused it, the amazon is not interesting to accept bitcoin, they will feeling difficult to control their price in bitcoin form.

eBay and Amazon will more than likely won't accept Bitcoin , at least not anytime soon. Not only they need a lot of users who request Bitcoin but they also need the ability to manage chargebacks etc... (they can do that with PayPal however It's impossible with Bitcoin).

If you want to buy anything from Amazon , simply buy a gift card from Gyft or any other providers or use Purse.io

Where's their incentive? It's hassle. You gotta integrate new systems, promote it and at best you might get 0.1% of sales, probably a bunch less.

They're also a payment processor in their own right and have that token thing so there's some clash of interests too.

It seems that zmazon is a successful business so does not risk. You can see some more discussions here about this topic:
https://bitcointalk.org/index.php?topic=1488662.0

Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.

Maybe they are afraid of bitcoins flactuatiom and seriously that can be a big loss for them if they risk to accept bitcoin as their payment processor, but who knows maybe in the future they will truly accept it since the market of bitcoins are increasing maybe they are doing a deep analysis for that so they cannot do a wrong move to their business if bitcoins will gone to failure.

flactuation really is the big barricade for bitcoin to be accepted not only on.amazon but also in different online and local store.

This thing is not powered by Amazon officially. people can buy amazon gift card with bitcoin because of those amazon re-sellers who accept bitcoin and re sell amazon gift cards. these peoples are totally individual and Amazon not involved in them.

maybe Amazon officially accept bitcoin in future. but to be very honest it is hard. because Amazon is just fine with his own payment source.

Who said Bro.  I have friend who use to purchase in amazon using the discount from purse.io get some price reductions more than 15%. Even you could  try for it and use amazon with discounts...

This is true. You can buy in amazon using bitcoin through indirect buying. A lot of user here are offering gift card of amazon in exchange of bitcoin. I dont have any idea where the sellers get there gift cards. :D

Anyone here knows the trick? Hahaha

The discount sounds great, but that is why I will never use this service or others like it. If you get goods from the wrong person it could cause some serious headaches and that is just not worth it.

there is no any trick for this. amazong selling the gift cards him self, just go to amazon, create your account. add a payment detail, like paypal or credit card. and then buy amazon gift cards,
amazon gift cards is actually a payment source of amazon.

I think that's not the main problem of the amazon has not received payment for bitcoin. May be due to factors introduction and legal use of the bitcoin which has not been recognized by any country or any person using the internet. So this is only technically related and I think in the future this could be a light for us

THEY wont risk cuz amazon is just like middle man

I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.

the unstable price is not really a problem because there's an API that exchange the bitcoin which being sent by the sender and will be exchanged to the fiat directly with the equivalent amount when the order was made,so it's definitely resolving the unstable of price problem,maybe they just want to stay on the safe zone and don't want to enable bitcoin before it was officially regulated yet

They're not accepting bitcoin directly for their payment because the price is always unstable but they accepting bitcoin payment indirect with buying their's gift card. Accepting bitcoin for their payment it's not only means you can using your bitcoin for directly in their site.

It's not great but it's true. If we all start hounding them all the time to accept bitcoins it's going to happen sooner rather than later. Let's get on it guys! We need 5 emails each per day!

Amazin will never accept bitcoin directly as already depend on voucher as a alternative to buy product.i hope they might start interchange bitcoin to voucher service globally.

Steam accepted bitcoin and are dealing with it just fine. They don't have compel to the same refund policy as Amazon and eBay?

Seriously bitcoin has not build in charge back feature - but you have to do it manually. In case of refund they could just send BTC back to the same addresses which was used to made payment.

Even if its sounds like great idea, amazon will not accept bitcoins as currency in near future.
I didn't find any news about their future plans, and are they interested in blockchain technology at all. But if something like this ever happen it will be great boost for bitcoin community. Amazon is big business, bitcoin need to grow more to be ready for such big service like Amazon is.

Currently there is no news that Amazon will start incorporating Bitcoins.  Amazon may fear the double spending  and delay of confirmation of bitcoins and may not add in near future until bitcoin became more popular among masses.

It would be great for Bitcoin do be a payment at amazon because amazon is so huge that it would boost the popularity of Bitcoin.
Maybe that it is going to happen in the future it still is a rumor at the moment.

you can use ebay than amazon to buying and selling product and you can use shopawl to integrated with bitcoin because i read on their thread that they have finished to work and integrate with ebay so it could be easy to buying and selling product on ebay. the best of ebay is that site have an auction of some product so we can get it with cheap price  ;D

First thing Amazon is service provider and Bitcoin is digital virtual currency.

Bitcoin is far big than amazon. As Amazon have to consider and implement all necessary thing to accept bitcoins. Even on large scale many of service have adopted bitcoins as a payment provider.

So till amazon adopt it we have to wait. And there will be no risk when amazon officially announce bitcoin as a payment partner.

What if we contact Amazon to add bitcoin as one of their payment so that they will decide that many buyers will buy in their online shop. If they accept bitcoin i think many online shop will do the same.
I think there are risk in buying and selling on amazon with bitcoin. Because if theres no risk, why they didnt accept it. I think amazon have reason why they didnt accept it. Like They cant get big profit here, or this bitcoin is use in blackmarket so if they accept it, theyre market is blackmarket too.

The risk is flactuation men they can more money by sudden downfall of bitcoins price, and i think amazon is considering bitcoin and keep looking more market data if its really reliable ones to be there payment processor, so at this moment all we need to do is wait, maybe we can see more good news to be happen in this coming future, and maybe we can see great news coming on bitcoin history and that could be a great breakthrough on bitcoins existence.

* Because adding bitcoin as a form of payment is, in their point of view, a huge risk due to volatility as well as the inability to make charge-backs. More importantly, I think it's also because no government has yet to acknowledge bitcoin, they're even having trouble on how to categorize it, so why would Amazon risk it especially since the demand is most likely negligible.

* The risk, at least for now, is mostly on the part of Amazon if they officially accept bitcoin they risk getting censured by government/users/other, add to that the volatility/instability of bitcoin's value, leads to them thinking it's just not worth it. At least for now. Let's hope it changes soon though as it'll be huge boost for bitcoin if mass-adoption or even awareness happens.

I think so. amazon just can't control the price of their products if they accept bitcoin as payment. you know, because bitcoin price is not stable. and of course it will risk their business. just opinion.

I don't they are really going to accept bitcoins because they are thinking that if there is no stable price of bitcoins then they are just going to accept bitcoins by means of third party sites by gift cards. And even though that they are going to do that way still they are considering that we can buy things to them with bitcoin.

That's no means they accept bitcoin by 3rd parties, because buying in amazon from their gift card using bitcoin is caused the bitcoiners is finding the method, and I don't think amazon is giving any explanation about that. and the amazon is accepting bitcoin by their gift card just applying in the bitcoiners mind.

Thats what i am thinking to the price flactuation is the great barricade for them to accept bitcoin on their business circulation so i really doubt that acceptance of amazon to bitcoin is not on these days, maybe they will do some deeper analysis unto this, but maybe in the future they will accept bitcoin in their ecosystem since on these upcoming years im pretty sure the numbers of bitcoin user will going to spread further globally.

Yup that's not fully amazon gives recognition of bitcoin completely. So that this does not mean we can use the bitcoin with good ways, though amazon does not accept bitcoin transactions are done in their site. I'm sure in the future will certainly be there are websites that are specific to the bitcoiners using bitcoin to buy some necessities are indeed needed

Some friends wrote in this topic" Amazon cant except because of prise is not stable" i dont egree this idea, if amazon wants to except bitcoin they can find a way for if , for example  they can give limited shopping chances their customers and Amazon can  have prestige with this  idea .

I dont believe amazon is smaller then bitcoin, as most and several people do use amazon to sell and buy several stuffs, soo that for me is wrong. Bitcoin will be present when they feel they can do it and will bring or keep their costumers happy, as the fees they charge should be the same, with the option to pay with bitcoin and just.

In my opinion Amazon not add bitcoin as payment opinion because the bitcoin is still new ( bitcoin can be disappear and there is value into it) and bitcoin's price has high fluctuation, it is high risk for Amazon. But if you want shopping on Amazon using bitcoin. You can try purse.io and you can get discounts too.

I do not think that there are any risk, Bitcoin can become really big if it is able to close out a deal with amazon in the future.
Allot of people who did not know Bitcoin will be introduced to it because of amazon.

Yeah I agree it would boost the popularity of Bitcoin by so much because there are so many people that make use of amazon.
Of those people would go out and use Bitcoin then it would become so much bigger.

actually the volatility of bitcoin is the main risk,this characteristic could make they receiving less amount than what it should be but it can be resolved by using bitcoin payment gateway API that's provided by bitpay or coinbase,though seems they're just hard to make a deal with some bitcoin company

I really doub't it that it will happening at this moment since bitcoins cannot be easily trusted with by the business sector and im pretty sure they are afraid for itd flactuation so thats why as of now we can't really see some major stores accepting it, but maybe in this coming future they will see the full potential of the coin and accept it but its gonna be along story for it to be happen, so better for now if people would want to shop on amazon they must used purse.io for a while so they can buy at amazon using their bitcoins.

I'm not sure why amazon hasn't accepted bitcoin but since they still don't accept bitcoin yet, I'm using purse.io or buy amazon gift cards at a discounted price to shop at amazon.

Maybe they think payment processing that they used it right now is more than enough and they don't need to add bitcoin as payment method, however there are service or 3rd party that you can buy stufs on amazon with your bitcoin like purse,io

Amazon also wants to introduce the bitcoin and it takes allong time because they will be one of the first who introduce this so they need to be careful with it.

Amazon or other marketplace fear about using bitcoin because it can't be chargedback or transaction can't be reversed so it can't assure buyer's protection they provide.

this might be a reason but i think amazon have their own payment processor already and adding bitcoin will somehow have an effect to their buyer.  There are really lots of things to consider when you have something to add or change to your mode of payment. And it will cost them alot due to website upgrade and testing.   It is not that easy.

buyer protection for what? you simply buy on amazon and use bitcoin, you are protected by amazon itself, there is no need fo escrow, it's not like you are dealing with someone else privately and amazon is the middle man lol

As there is no possibility to chargeback using Bitcoin, Amazon and Ebay and some other marketplaces still not encouraged to support Bitcoin as payment processor right now

I think Amazon will be forced to use Bitcoin soon, as its growing up fast, getting the price increased highly, and become a lot more popular than a few years ago

Amazon and any other big companies wont be forced to accept or use bitcoin, namecheap allows bitcoin, with a third companie between the bitcoin and the cash, they werent forced, they saw an opportunity and i do believe their results are good. You cant force no one to adopt bitcoin because price or value will raise over time, bitcoin is an option to the most merchants as costumers.

Think about the amazon will accepting bitcoin or not it's just useless things in this day and why? caused by all of the suggestion will no be heard by the amazon and will be better if discussing with their CS... but for my personally if still there is a way for buying in amazon I will not making a hard things for that.

This, plus I still can't understand why I need to go out of my way to buy bitcoin when I can just use my debit card on Amazon.  It's a hell of a lot simpler for me.  Can anyone answer that for me?

I think its not useless to suggest amazon to accept bitcoins since bitcoins are great option to be accepted for them but the thing that barricade them for accepting it is the unstability of the price and that is the big minus for business sector including amazon since they can lost money for certain downfall of a price, but also in other hand i think amazon are in deep analyzation for bitcoin since it is thrend in global markets  maybe we can't see it accepted by them for now but mayb in the future we can see that they are accepting it if the time is right.

Amazon is very big company, it is the largest Internet-based retailer in the world. They make a lot of money, and they do business in many countries. Probably they pay big taxes everywhere, and with bitcoins it can be a little tricky. First not all countries have regulation about bitcoin usage, how they will show their profit with bitcoins in country that not have law about it?
I think its not so simply to implement bitcoin such big structure, and that is the only reason why they still didn't do it. But now when New York accepted bitcoin, maybe amazon will offer to people from NY to purchase things with bitcoins, we will see.

Amazon is finally accepting bitcoins right now and it taked a long time but we are happy about it now you know there are so many peole who like to pay with the bitcoin these days.

Amazon is a real big comapny and they are making big steps also with the bitcoin i think that amazon is a sort of preview for other smaller companys if they want bitcoins other also want bitcoins.

Before any auction being taked byt the countries around bitcoin, google were allowing people to purchase some products with bitcoin, with a third company providing the money to them and taking the bitcoin, soo there isnt nothing to do with rules from others countries as a similiar  act may be adopted by amazon, and now sure they may allow it a NY and them to all, but its just they wanna to work with, that are some companies providing those service between the costumer and the company.

The instability is always been a main reason of the big companies needs think for a twice accepting bitcoin in this time. I hate it but I love it... that's so dilemma for me...but maybe the exit problems are they need for converting the bitcoin payment into the cash in directly but the another problem will appear caused by the every transaction needs a time and the movement of price has always happened on every second.

eBay and Amazon will on summit of likely won't admit Bitcoin , at least not anytime soon. Not single-handedly they habit a lot of users who demand Bitcoin but they then dependence the carrying out to run chargebacks etc... (they can reach that when PayPal however It's impossible behind Bitcoin).

If you ache to get conformity of all from Amazon , profitably make a obtain of a talent card from Gyft or any new providers or use Purse.io

Maybe they do not want bitcoin to  rule the world LOL.

I can't see how that could be a reason. I have done chargebacks with bitcoin. It goes something like this:

me= This hat is too big, I want to return it.

them= Ok

What is so hard about that?

Amazon has a big audience and if they would accept bitcoin, it would give bitcoin a tremendous boost, However i think they are working on their own kind of crypto currency. The same way like google does but then for their market place.

You're correct about having a large audience but I not agree will giving a tremendous boost because every people is already stay in their convenient payment, the people is visiting amazon is for buying and i think they're already having an enough money and method for buying in them and that is so far think about will trying or moving into bitcoin.

But they may allow us to invest with bitcoin, if they are going to create their own currencie, what google is making i dont know do you have some link to provide about those?

They have larger numbers of user but mostly of them are not bitcoin user or no knowledge about its existince, and so by that maybe they don't see the mass numbers for bitcoin users for now thats why amazon don't see bitcoin is worth to accept with, and im pretty sure they are doing some good analysis and data collecting for bitcoins and the users itself so they can determine how huge the volume of users, and if they will see enough users to it i think in this future bitcoin will be implemented at amazon.

With google they have milions of costumer, but they allowed us to invest into google products with bitcoin, soo they saw bitcoin potencial and are working with it. I doubt amazon wont allow bitcoin over the next years, namecheap is fully working with it and i doubt they regret those option they had add to their options of payment.

Hmm that may be the case yeah and I agree if BTC get accepted there it will be a positive boost but we will never know the actual effect until that happens and I really hope it does so we can see BTC risnig

In fact, that is just applied to someone is aware with the word of bitcoin.. a lot of them is just passing the word of bitcoin and trying for gaining what the goods they want it. Maybe just a little percentage of people is aware of the word of bitcoin.

That is true and very important. What Bitcoin needs at this momemt is some big companies backing bitcoin up. The larger the better because it will give trust into bitcoin, from use but also from other companies, who will think, Well if Amazon takes it, it must be good.

I wish Amazon would just accept Bitcoins already. It's time to step into the now lol. Seriously though why would they make it so we have to buy a gift card with BTC or sell BTC for fiat to buy something off of them? It's just stupidity really.

Bitcoin as the global online store like amazon and eBay is not more than just a theoretical, and so there is no a reason for that was to get an accepting by them. about your little example that is true, but it's not about just buying and dealing.

Well the big problem really for bitcoin is the price of it is unstable and im pretty sure they are afraid for it since businessman and institution doesn't want to lose money from it and im sure nobody would like to lose since it can lead them to be down, and so thats why i think they are doing deep surveying and analytical data collecting about the market and the user itself, im very sure they are looking for bitcoin but the bad thing is we don't know if they accept it or not.

When I talk to businesses about bitcoin your point about instability comes up a lot. They can't deal with holding a currency that could drop 10% overnight. However there is no reason to face any market volatility with a payment processor. A company like BitPay will handle the transaction and make a cash deposit in your bank account each day. That is faster than taking a credit card, safer for all parties, and cheaper by 2%. The only logical reason to not take bitcoin anymore is ignorance of how it works. Bitcoin is a not only a better deal for consumers, but also better for sellers.

I hope that amazon will accept bitcoins soon so that I don't have to worry about fraudulent gift cards. Even if they did though, I probably would still use purse.io since they do give me a discount on goods that I buy ;).

Yeah there is no worry to use purse.io instead of using other service that not well known..
Amazon still afraid to accept bitcoin because there is no guarantee if they are scam or they need buyers protection that bitcoin dont have.

Well amazon wont be allowing bitcoin in the near future, maybe at 2020 they are working as some big companies that had joined already bitcoin, as long a third companie gets the bitcoin or they exchange the bitcoin at the rate of the day nothing will happen, namecheap works that way you can deposit and the balance will show into dollars, if bitcoin value change isnt anymore a problem.

And what will happen if bitpay is not for directly processing it, the bitpay's life just between on some step for the lost hole? because all of the companies isn't having a performance like bitpay.

It is better if you are going to buy to purse.io even though they are just selling gift cards for bitcoin that can be used to buy anything in amazon. That is already considered that we can use bitcoins for purchasing anything in amazon but with the help of 3rd party websites. But I hope that amazon is going to accept bitcoins directly soon.

If utilizing a third party I think is fairly elaborate, as it will definitely cost for transaction box too, I hope can also be directly through the bitcoin but somehow when it could happen

Amazon and bitcoins i dont really think it would take that long when they are introducing the bitcoin because i know that allot of comnpanys are trying to put the bitcoin in their company and that is not strange becuase it is growing allot!!

As a matter of fact it is just like amazon is already accepting bitcoins but no literally and directly, because you can buy gift cards at purse.io and pay it with the use of bitcoins. And you can simply use that gift cards for purchasing anything you wanted to buy in amazon. And I guess this is already a success for bitcoin industry.

What does ad an additional charge to buy gift cards, more tasty can directly buy without using third party

Amazon and bitcoin i dont really think that was a smart idea to introduce the bitcoin at amazon because allot of people are using it but when the price is going to drop yuour company will also drop allot,.

but all of that is depend with the performance of amazon because they need for converting their btc into the fiat directly for avoiding a lot of loss. but the another problem is caused by the confirmation

I'm not sure I understand.  Directly processing bitcoin transactions is what BitPay does. There are others if one prefers. Or a business could have a trade account at an exchange and do it themselves. I only mention a payment processor because that is something 99% of businesses already do. All credit cards purchases, for example, are processed by a third party and cost the seller about 3%.

It would be great for Bitcoin if they could make a deal with amazon and let Bitcoin act as a payment on there website because amazon is far more popular then Bitcoin.
If they manage to do it Bitcoin will become allot more popular for sure.

you must know about bitcoin payment gateway API such as coinbase and bitpay that will convert the bitcoin that sent to the specific address directly into fiat to avoid the volatility characteristic and also having zero confirmation feature that would be very useful,it's not a new thing.

I think the reason why amazon still doesn't accept bitcoin as a payment method is because bitcoins price is more volatile than the other currencies. I think that when bitcoin is widely known  and used worldwide then amazon will definitely add bitcoin as a payment method.

For now If you guys want to purchase something in amazon you can use purse.io or rewardspay.com

Amazon currently is nothing flexible in terms of payment methods, I wish they start accepting bitcoin asap.

Amazon wil accept bitcoins in the future and the only reason for that is becuase other big companys are also introducing the bitcoin and i dont know
when it will happen but i know that is going to be

I hope that amazon is going to let Bitcoin be a currency which you can pay with in the future because this is going to make Bitcoin allot more popular.
Just have to wait it out and see what will happen.