Bitcoin Forum

Bit-pay introduces a new merchant tool that allows businesses and customers to conduct payments using their mobile phones. The program is now in a pilot phase for several businesses in Downtown Orlando.

As mobile phones become smarter and add more features, using a phone as a digital wallet is inevitable. And now, the future has arrived.

Bit-Pay Mobile Checkout can be used on any Apple or Android phone with internet access. Bit-Pay's merchant tools are compatible with ALL bitcoin digital wallets.  And payment notifications are typically less than 5 seconds, from every wallet we've tested.

Merchants can now offer a quick and easy payment option, without any risks of chargebacks, and without the high fees of credit card processing. Customers can now leave their wallets at home, and pay for things using cash on their phones.

Bitcoins are available in any country. In the near future, consumers will be able to travel anywhere in the world, and go shopping using their mobile phones, without changing their cash every time they arrive in a new country.

To learn more about Bit-Pay Mobile Checkout, and see some screen captures of the mobile app, visit:

https://bit-pay.com/aboutMobile.html (https://bit-pay.com/aboutMobile.html)

Here's a screencap of the video we made...look for this soon.

http://i59.photobucket.com/albums/g296/tonygal/image6.jpg

This is it...

quite cool from what I have seen of it

Easy Point of Sale has come to Bitcoin.

Well done, Bit-Pay. Do you guys ever sleep???

this is great.  she is too!

This is Ashly.  Just wait until we get her and Alison together.  The Bitcoin Babes!

Great news!

Steve and Tony.  The Bitcoin Dudes!

You say a customer can send payment from any bitcoin wallet.  What about waiting for confirmations?  Is there any way to distinguish green addresses for faster approval?

whatever floats your boat  ;)

lets get serious:

1.  in your example screens; is Frank & Steins the merchant or customer?
2.  i still don't get exactly how you're hedging out the currency risk when you're willing to pay USD's immediately for BTC's to merchant.  are you instantaneously performing a BTC sale at mtgox automatically?
3.  i assume i need to download a BitPay app onto my Android?
4.  which Android wallet app have you found to be most reliable?

Great innovation, congrats.

Is it really 5 seconds to transfer though?

We will distinguish green addresses, so yes use them when you can for fastest approval.

We are working on some other proprietary ways to detect double spends.  For now, we are accepting every 0/unconfirmed after a few seconds, but eventually our risk model will make this alot better.

Franks is the merchant.  We make a little app like that for every merchant.  Click through the 4 screencaps on our site to see the flow of the app and the invoice. 

The merchant needs an Apple or Android phone, and so does the customer.  The customer can use any bitcoin wallet on their phone.  The customer does not need an account with Bit-Pay.  Just scan and pay the unique address.

I've tested it with Mt Gox Mobile wallet, Instawallet, and the Bitcoin Wallet on Android by Andreas.  They all work very fast.  Once the money is sent, the notification pops up on the merchant invoice in less than 5 seconds.  This is going over the regular bitcoin node network, so it's not an internal Bit-Pay to Bit-Pay thing.  It works from every wallet we've tested so far.

We pay the merchants in dollars if they want.  We have many different ways to convert bitcoins to dollars quickly for them.

This is awesome! Thank you so much for making this happen.

yeah I agree, this is what we need to bring it mainstream. Now if we can only convince people that bitcoin is a currency and not a stock.

More amazingness from the Bitpay guys. Getting tired of all the amazingness.

Bitcoin is not (yet?) a currency, it is a payment method = USD proxy and a speculative commodity.

Why? Because noone actually accepts Bitcoins, as people tie the prices to the current exchange rate in FIAT money, making it impossible to know how many Bitcoins a certain product is going to cost in a day or even in a few hours. A functional currency is also something you can hold to preserve most of your purchasing power for hours, days, weeks and months. This is not true for Bitcoin, counting since June.

Problem? :P

it is a currency in the way that you can use them to barter for products.... isn't that the definition of a currency? I am selling a few items for a bitcoin price, the value of bitcoins decreased a bit, so I raised the price a bit. in the end, i get my btc and then use those to buy other things, once my fiat is turned to digital coins, I do not go back, I just use it till its gone.

Great Job!
Is the ap for the Iphone only for Jailbroken phones, or is it web based?

It's web based.

Really smart feature. You're making real life payments with bitcoins almost as easy as online payments.

Is there any specific protocol for QR-Codes? I noticed you used address=...?amount=... Are there any other QR Code specifications common to all mobile wallets? This reminds me of this thread (https://bitcointalk.org/index.php?topic=2038.0).

PS: in the screenshot from Step 3 you actually couldn't make the payment, could you? It says 0 available BTCs
PSS: this chick looks even hotter than the other one :P

Only the merchant has to type in the total.  For the buyer, tt's even easier.  Open wallet, Scan, Send.  No typing!

I tried a bunch of wallets, and they all worked fine.  In the video we do make actual payments using Mt Gox Mobile.  That seems to be the best wallet right now.  But for the screencap on the website I needed something brand-neutral.  and through a bit of testing, I had emptied the wallet :/

but it certainly is true of bitcoin counting since March. so i guess it depends on exactly when you count from, huh? :D

by the way bit-pay guys/girls, this is awesome work! i'm using Andreas' Android wallet and happy with it so far.

OK, let's do some due diligence.

bit-pay.com
"Domain control only" SSL cert.
No business address found on site.
Traceroute leads to a Rackspace location.

Bit-Pay, LLC
Dun and Bradstreet has a report.
Location: BIT-PAY LLC
411 E AMELIA ST, ORLANDO, FL

Checking address:
Property type:   Residential Duplex (2 units)
Last sale:    $635,000  on May 10th, 2005
Bedrooms:   4
Bathrooms:   3
Year built:   1925

Also at this address:
SOOPERMODELS LLC, 411 E AMELIA ST, ORLANDO, Florida
http://www.soopermodels.com/
operates "Stare Magazine"
http://www.staremagazine.com/
Listed under bit-pay "Featured Merchants" on
https://bit-pay.com/featuredMerchants.html

Also at this address
AEROTECH

Checking Florida corporate registration:

Florida Limited Liability Company
BIT-PAY LLC
Filing Information
Document Number   L11000063599
FEI/EIN Number   NONE
Date Filed   05/31/2011
State   FL
Status   ACTIVE

Principal Address
411 E AMELIA ST
ORLANDO FL 32803

Mailing Address
411 E AMELIA ST
ORLANDO FL 32803

Registered Agent Name & Address
BUSINESS FILINGS INCORPORATED
1203 GOVERNORS SQUARE BLVD STE 101
TALLAHASSEE FL 32301-2960 US

Manager/Member Detail Name & Address:

Title MGRM
GALLIPPI, ANTHONY
411 E AMELIA ST
ORLANDO FL 32803

Title MGRM
PAIR, STEPHEN
3135 FOXHALL OVERLOOK
ROSWELL GA 30075

Annual Reports
No Annual Reports Filed

Image of filing: http://www.sunbiz.org/COR/2011/0613/00142789.Tif
Email address in filing: tonygallippi@gmail.com

Checking Anthony Gallippi:
http://www.manta.com/g/mm8px9r/anthony-gallippi

Aerotech Southeast
411 E Amelia Street
Orlando, FL 32803-5315
Phone: (407) 426-7797
"Aerotech Southeast in Orlando, FL is a private company which is listed under motion picture producers and studios. Current estimates show this company has an annual revenue of Less than $500,000 and employs a staff of 1 to 4."


OK, that's a quick start. We now know that "bit-pay" is operating out of an house, who's behind it, and some other things they're doing. So if they "lose" any funds, it's clear where to send lawyers and cops.

Wanna buy my house?  It's a historic preservation home.  almost 90 years old.   I don't know what you are getting at?

Some us get anxious when we can't communicate with a business we are dealing with out-of-band via "snail-mail", or as Nagle suggested, in person.

My personal standard is only a PO box (since the only electronic payment I am comfortable with is bitcoin).

Well if you are desperate for information you are welcome to come ring my doorbell.  Our press girl has a phone number published on the site.  Our top merchants have our personal numbers.  If it's an emergency our merchants can always reach us.  

We are firm believers in bitcoin.  I've operated a web business for 10 years, called STARE Magazine, and when I learned about bitcoin, I asked the simple question "ok great, how do I accept this on my website?".  And for 2 weeks I got nothing.  And then, Steve and I teamed up and formed Bit-Pay.  Because if I had a need, thousands of other people had a need too.  And here we are.

This is pretty cool! You guys are churning out products at an amazing rate - impressive! :-)

Do many of your merchants choose to get paid in USD? I have lately been thinking, that - while Bitcoin is still young and the exchange rate is volatile - it might be a good idea to not only protect the merchant from exchange rate volatility, but also the customer. So a customer would keep USD on their phone and only exchange those to Bitcoins at the last minute.

Of course this first seems a little paradoxical, to go from USD to Bitcoin back to USD. But one could think of Bitcoin as the common interface here, allowing variable partners on both sides.

A disadvantage is, that it would introduce the fees for an additional exchange step. On the other hand, the customer would have to exchange from USD to Bitcoin at some point anyway, so as long as the fee is on a percentage basis, it doesn't really make a difference whether they do it once in advance or always "just-in-time" for smaller amounts. And it might be possible to still be cheaper than credit cards even with all that factored in.

Obviously the exchanges are in the best position to offer this feature. If they have a mobile app, it should not be too difficult to offer a special payment screen, where the right amount of Bitcoins are bought on the market and then immediately transferred.

With a solution like this, customers would more or less have the impression of simply paying USD with their phone and as far as they are concerned, Bitcoin is just some technology that makes it happen in the background.

I see promising projects in the Bitcoin world every week. I have to admit that this one is on another level, it could be a game-changer for the entire Bitcoin economy. This makes life so easy for both the merchant and the customers.

Please continue your good work, I am looking forward to the demo video :)

They do not hold your earnings, you receive those into your wallet every day. So worst case scenario is they steal one transaction and the company packs up and moves to Singapore. All for your 5 BTC.

I think the potential of 1-3% of all bit-pay transactions for years to come is decent motivation not to jump ship with your transaction of selling a bag of Cheetos.

This is great, I love it.

I would like to see (not necessarily from your team, bit-pay merchant solutions) an app that embeds local stores that accept bitcoin onto a google maps type interface.

Does such an app (or even website) exist? I don't mean just a list of local stores, I am super lazy and a consumer whore. I need a map!

Awesome job mate, this will definitely help the Bitcoin economy out.  Thanks for all the hard work!

I have had a few problems getting it to start, but it could be because I am low on space. I sent a feedback request rather than posting it on the app review.  I am sure this will be a great app after reading all the posts here.

I think it's a good idea for everyone to download this if you have a smartphone, even if you do not think you will use it. I don't think I will use it but surely the more downloads this gets, the more popular the app will be and the more exposure bitcoin and bitpay receive. Winners all round =)

Was thinking the same thing. I figured I would create one if it did not exist but made sure to go ahead and check first to see if there was one.

I found this:

http://www.bitcoinmap.com/

Friggin sweet.

Thanks for the find. This goes to show the exact purpose of such a website/app. I had no idea there was a merchant in my area that accepts bitcoins (chapel hill, NC).

totes going to bitvinyl later to pick up a beastie boys record.

This is seriously awesome.

Now I need to find Bitcoin businesses in the MSP area! C'mon, Minnesota, get with it!

-Jix

Has anyone told you that you kind of look like Nicolas Cage?   :)

Congratulations, a great product to be sure!

Bitcoin's anonymous "financial institutions" have a terrible track record. New ones need to be checked out thoroughly. Who's behind them? Do they have a history of success doing anything else? What do they commit to contractually?  How are disputes resolved? 

I expect to see contractual statements like "all payments made after NNN will be transmitted to ACH by NNN". Reliably getting cash out of Bitcoin's "financial institutions" has been hard. About once a week, someone is complaining that one of the exchanges was supposed to send them money but hasn't. Then we hear someone from the exchange claiming that their bank has dumped them, or their money transfer service is down, or some other "cat ate my homework" excuse for not paying on time.

They have all of those covered on their website.

https://bit-pay.com/legal.html

No, they do not.  They have an "acceptable use policy", plagiarized from PayPal's acceptable use policy (https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=ua/AcceptableUse_full), and a "privacy policy", plagiarized from PayPal's privacy policy (https://cms.paypal.com/cgi-bin/marketingweb?cmd=_render-content&content_ID=ua/Privacy_full&locale.x=en_US). They do not have any terms which contractually bind "bit-pay" with regard to financial transactions.

This is important. Potential merchants need to know about transaction reversals, chargebacks, payout limitations, delays in payment, separation of customer funds from company funds, and dispute resolution procedures. All of those areas have created major problems for users of other Bitcoin-related services.

This is two guys with no financial experience operating out of a house in Florida. The odds are that they will screw up. Merchants need legal protection for when they do.

you know, you should just STFU.  we all know you're a paid shill basher of bitcoin.   otherwise, you wouldn't be spending so much time here and you would've taken my bet of 100 BTC to you.  when bitcoin skyrockedts again, you're gonna lose your job.

That is stated clearly on their website for all merchants:
https://bit-pay.com/accountingHelp.html

You'll find these same clauses in the terms of virtually every payment service on the internet because they all face similar risks.

To the extent the policies leave any questions that our merchants might have, we answer them.  Some of the details of how we process payments are not visible unless you've opened an account.

That's not true, we operate out of two houses, one in Florida and another in Georgia.  Tony has experience as a merchant for over 10 years and I have experience in building and managing the development of financial software.  We both have prior experience in owning and operating small businesses.

Stupid, serious question: Is it too high tech? Why not just print up a QR code included on person's bill? He can leave cash or pay with bitcoins or any mix of that. This way, you only need the customer to have internet. Waitress can check the terminal in back to verify payment came through. Or print up 100 qrcodes before and hand them to customer. Waitress would write total due on the sheet of paper.

It's actually more of an issue for the customer to have internet than the restaurant.  There are lots of possible ways to make it work.  This is just a small step in the right direction and something easy for us to do.  Ultimately, it would be nice to do away with the use of paper altogether...either restaurant checks or FRNs ;).  We'll be piloting this with a few restaurants to see how well it works in practice and go from there.

Putting a QR code on the paper receipt at the customer's table is a great idea. Waitress drops it at the table, customer scans it, sends the coins needed plus tip, and then the waitress should be able to verify the transaction back on that fancy little touchscreen they use in the back to manage bills.

+1 to that. Integration with current hardware is probably difficult though...

It's also great from a marketing perspective...if every bill has a QR code and a caption below that says "Pay with Bitcoin", then every patron will see that on the their bill, regardless of whether they actually pay with bitcoin or not.

Wow I didn't even consider that... that would be killer.

A little harsh, but they should have hired a lawyer to do their legal.  They are nice enough guys in person.

i think it would also help a lot if every place that employs this also has some free wi-fi to piggy-back off.

i wonder if it would be possible for the merchant to configure a specialised wi-fi hotspot that only allows bitcoin transactions, and no other internet traffic? :D

You really want to know what their terms are before even talking to them.

This matters a lot. PayPal is noted for one-sided terms of service.  WePay, which was supposed to be a better alternative to PayPal, originally had terms of service like "we can cancel your account and keep the money". They've since fixed that. Dwolla started with no written terms of service and then started reversing transactions. Mt. Gox still doesn't have terms of service, and has reversed transactions.

The online money transfer industry has a bad record, and the Bitcoin-related operators have an even worse one.

Nagle,  I would love to hear your reply to cypherdoc's accusations.  From the posts I have read from both of you,  it would seem that cypherdoc's assessment is correct.

No one is paying me.  Nor do I need a job. I'm not anonymous. I'm on here under my real name, John Nagle. I'm reasonably well known in the early history of the Internet; look in any TCP/IP textbook. I've run "downside.com" for the last 10 years, and have a good track record in publicly predicting what's going to collapse well before it does. I called the dot-com crash company by company with a automated simple cash flow analysis, the mortgage crisis (in 2004, 2006, and 2007), the oil spike (in 2005), and the auto industry bankruptcies, back when the conventional wisdom was that the world economy had reached a "great moderation".  I was right, and many others were wrong.

So who is this "cypherdoc" person, anyway?

(Trusting you to not just claim you are that John Nagle of course)

Indeed you are, thanks for the clarification. I read your posts differently knowing that.

How easy would this be to hack? Since everything with Bitcoins get hacked these days...

This is a good question, btw. I hope the Bit-Pay crew take this aspect very seriously.

someone who believes in Bitcoin unlike yourself.  and my apologies if you are who you say you are and truly believe in what you say.

my problem with someone like you who spends enough time on this forum to be considered a Senior Member is that your negativity is way out of proportion to your participation here.  why would you put up so many posts on this site if it was indeed a ponzi scheme?  saying that you're here to warn people doesn't cut it for me.  clearly you've contributed greatly to the negativity surrounding Bitcoin and have i'm sure scared off plenty of investors. are you destructive by nature?

i looked at your site and the first thing that strikes me is that your short blurb on Bitcoin is basically a couple of short paragraphs based on a price chart and an opinion.  there are plenty of price charts that have done that and exploded back to the upside.  and there are plenty of Cassandra's such as yourself that have called "ponzi" to various schemes throughout history that have gone bankrupt doing so.  you've spent more time, effort, and words posting here than on your own website.  one post a year for the last 3 yrs?  that makes no proportional sense and makes me reasonably think you have an agenda and yeah, that usually means being paid.  "Deathwatch", "Misery Row" across the top of your page? and i love this:

http://www.downside.com/cryingman.gif

i'll bet you totally missed the Nasdaq run up of the 1990's and started calling for a top around 1996.

you're clearly an extremely negative person as your website suggests.  claiming to have called the tops of many bubbles is highly questionable  and certainly doesn't mean you've profited from it along the way.  as they say, a broken clock is right twice a day.  i'll bet you've called many other investments "ponzi's" and been deadly wrong as well.  as a long time active investor in many markets i have learned to expect the unexpected.

its too early to make any definitive statements on Bitcoin as you have.  perhaps its too early for me to be as positive as i have.  we've only been at this for a few months.  internet speed in this new digital age for the last 12 yrs for the masses easily could have been the sole cause of the ramp to 31 and subsequent fall.  this ramp and fall has nothing to do with the underlying technology and merits of Bitcoin.  in fact, i think the ramp to 31 so quickly indicates an incredibly bright future ahead as people were quick to see the underlying prospects of Bitcoin as a digital analogy to gold. does gold have an economy built around it?  no.  

i've studied the technology in depth and talked to the devs and i think Bitcoin has a bright future.  i personally think it has all the attributes of gold and doesn't even need an economy surrounding it to succeed but i could be wrong. but its possible that it best function could be as a store of wealth. we'll just have to see.  it has all the properties that can solve the many problems we're seeing in the financial industry today and gives us a financial tool we've never experienced yet in history.  clearly no one knows the future but i remain positive.

which is why i spend much of my time and effort here contributing to something i believe in.  so why aren't you?  and if its negativity and ponzi's you believe in, why isn't your website more developed?

edit:  you've called Bitcoin a Ponzi.  clearly either you don't understand the definition of a Ponzi or you don't understand Bitcoin.

Bitcoin has aspects of a Ponzi scheme, in that, during the runup phase, those getting money out were getting it from people who put it in earlier, and much of the gain accrued to the people who set the thing up. Some early proponents wrote about Bitcoin as if it generated revenue, which is why I used the term "Ponzi scheme".  The important point is that Bitcoin speculation is a zero-sum game. There's no revenue being generated.  It's a variant on a pyramid scheme, or, as someone else wrote, "technically it's a pump and dump".  There are many variations on this theme; check out "High Yield Investment Programs".  The common elements are 1) it's zero-sum, and 2) the early adopters make money at the expense of the later ones.

Bitcoin, as a technology, does solve one problem - irrevocable unidirectional money transfer between remote anonymous parties. The Bitcoin world then shows how a financial system based on irrevocable unidirectional money transfer between remote anonymous parties fails.  That's what interests me.

The Bitcoin ecosystem requires centralized trusted parties to operate - exchanges, "online wallet" services, payment processors, and such. The idea behind Bitcoin was supposed to be that no central services were required. But the Bitcoin technology doesn't solve enough of the problem to allow that.

Because Bitcoin transfers can be anonymous, the community assumed that trusted services could also be anonymous. That has not worked out well. Many of the services have turned out to be run by people who took the money and ran. Even the services that are still around are on the flaky side. That's why I take a hard line on due diligence.

The interesting technical question is whether an anonymous system that doesn't require centralized trusted parties can be developed.  It has to do more than support simple money transfer. It needs a way to guarantee that, before the transaction becomes irrevocable, both sides have received whatever they agreed to receive. That's hard, but may not be impossible.

That's all I'm going to say in response to "cypherdoc", other than Parker Posey's line from "Party Girl": "Get a last name and we'll talk".

maybe both?

Well. It doesn't require them, although it ends up making things easier for a lot of people. Only one out of all my Bitcoin transactions have been to a "centralized" exchange, the rest have been P2P.

For one thing, since I have been of the opinion that for Bitcoin to succeed people must use it and not speculate in buy-and-hold I've always told people who become interested in Bitcoin that they can get some from me, at market rate. (Which is currently about half of my average acquisition price)

I wish more people did, and I have high hopes for the current bubble deflation to weed out most of the get-quick-rich "it can only get higher" so-called investors.

@Nagle

This kind of post make you sound like you work for Paypal or some other financial "institutions"..

Apple was founded by a couple of guys out of a garage in California. Hewllet and Packard convened in a garage in Palo Alto.
To me the story of two guys operating out of a house in Florida sounds rather promising.

Proprietary software is doomed and so is Paypal.

clearly you don't understand what a Ponzi scheme is.  your post has so many misconceptions that i'm not going to address them directly but indirectly.  i prefer to contrast Bitcoin with a ponzi scheme as defined by Wikipedia:

http://en.wikipedia.org/wiki/Ponzi_scheme

firstly, there is no fraud involved in the technology itself which is composed of the computer network and block chain via generation of bit coins and tx verification.  all the security issues we've witnessed are secondary phenomena from businesses surrounding the trading of Bitcoin itself.  secondly, its not a company or organization that generates revenue to be distributed to shareholders.  Bitcoin acts like money or currency, or a store of value.  the USD or gold do not generate revenues either but they do go up and down in value relative to other currencies.  you  wouldn't call these 2 forms of money ponzi's would you?  thirdly, Bitcoin doesn't necessarily require an ever increasing flow of money to become more valuable.  we could keep the same number of people invested in Bitcoin as there is today but if these same people begin to perceive more value in a Bitcoin, they will pay more for them driving the price up.  fourthly, Bitcoin is not destined to collapse IMO.  its been out for almost 3 yrs now and the network or block chain itself has not been disturbed.  many hackers have tried but failed.  no one's been cheated via a double spend and no past tx's have been altered.  fifthly, no one is selling securities here; these are Bitcoins, unique to themselves and more a form of money than anything.  sixth, i don't see any authorities claiming they are illegal either.  

as far as the early adopters; they did not solicit OPM to get their computers mining btc's.  they invested their own fiat USD's to "earn" those bit coins by dedicating computational power and time along with electrical costs to generating Bitcoins, securing the network, and verifying tx's.  at the beginning in 2009 it was far from clear Bitcoin would go to 31.  in fact, the famous 10000 btc's for a pizza is indicative of this.  no malice of intent as in a ponzi was ever present in these early adopters as that guy would never have given up that many bit coin for a mere pizza if he knew the price would subsequently ramp.  as the idea caught on of course the price ramped as many see a valid promising concept.  and of course, some of the early adopters (not all) sold as they became more valuable.  that is not a ponzi.  there was risk involved. would you call those early buyers of Apple stock who are selling today at $400/sh ponzi schemers?  i think not.  also, the Bitcoin network or block chain shows no signs of vanishing from fear of being "found out".  its a mathematical concept that just keeps grinding along no matter what the USD price.  this will persist even if the price down to $.01.  no returns were promised and no one is going to run off with the btc's in the blockchain.  they will always be there freely available to anyone who wishes to buy them.

there is no "schemer" that acts as a hub for its victims.  there is no schemer acting to prevent or minimize withdrawals from the system.   there is no schemer "promising" higher returns.  there is no schemer acting to deceive.  you might point to BW but he is not involved in the mathematics or source code behind Bitcoin in any way, just the "business" surrounding Bitcoin.

the drop in price could simply be from a worsening of the general economy.  no one knows for sure.  the fundamentals, though, have not changed one iota and the network will persist.  its possible for a competing technology  will come along and replace Bitcoin or that a fatal flaw may be exploited in the future but it sure doesn't look that way to me.  but these potential weaknesses in no way indicate a ponzi scheme.

if you choose not to respond to cypherdoc it would be more from you not willing to be intellectually challenged.

@Nagle I can appreciate that you don't believe bitcoin will be successful.  I also understand that there have been several spectacular failures when it comes to bitcoin related businesses and people are understandably cautious.  I think you have good intentions by trying to check into the operations of bitcoin related businesses, but I encourage you to contact us directly, talk to us by phone, and even meet with us in person if you have concerns about our operations.  We are just a couple of people trying to find a niche in an exciting new frontier.

Dude, this is the future!  Bitpay rocks! All kinds of cool!

Dollar is a ponzi scheme, euro is a ponzi scheme, gold is a ponzi scheme, your dog is a ponzi scheme.
Bitcoin is a revolutionary secure protocol.



Not more, not less. So stop bashing and be positive.



No centralized system is mandatory, only convenient to develop new services.



Agreed, due dilligence is always needed.


You call it escrow ? Anyway, for every scam, there is thousands of successful transactions.


Irrelevant and arrogant.

These guys are the real deal.  Very friendly, smart, and successful.  One even takes pictures of hot chicks as a side gig, ah to be single.  We are lucky to have them.  If they could quite their day jobs you'd know a lot more so accept Bitcoin and use Bit-Pay!

i completely agree.

Does anyone know what happens incase there is a delay on the confirmation on blockchain ? I had a transaction sent to Neteller through bitpay and took around 24 hours to confirm but didn't show up on my Neteller account. Usually it shows up right after 1 confirmation.

Do you all still believe that Mobile phones are safer for any money transactions, it is the most dangerous tool which will expose to you to the world and pave the path to steal your information related to you wallet or any money. If you are still interested to use Mobile phone for pay out things, then remove those software where they ask permission to access your entire phone details.

I used several payment services the past few days and they all eventually went through even though the transaction showed that it had timed out.

Ugh. Resurrecting the dead. And here I was thinking that Bitpay had come out with something new and better again.

Has happened to me in past . The balance eventually shows up in neteller . Contact the support and they will probably expedite it. give them all the details as well.

So i have been experimenting with the mobile POS terminals for a garage sale i have coming up and is pretty easy to work with, dont know if im going to be able to use it but i guess is good to know how it works in a possible scenario.

Thanks guys. Neteller replied that they were tracking my payment and have received it and will credit it to my account ,  So doesn't look like it was a problem . I was just worried because at first it showed rejected.