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Author Topic: Any Merchants Accepting Bitcoins in Non-Bitcoin Related Industry?  (Read 2084 times)
hothothot1994 (OP)
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May 31, 2013, 12:13:58 AM
 #41

I'm sure there is a thread somewhere that could be pointed to that would have all the best options stated, anyone?

www.bitpay.com

Bitpay is nice, and they already offer POS Bitcoin payments (with an iPad). But I'm wondering about the speed, is it really usable? Maybe they use another system for POS as what they use for web payments?

I'm saying this because I did a web payment recently where the merchant was using Bitpay. The payment was only confirmed after the block with my transaction was calculated and included in the block chain. This means it took several minutes to confirm my payment. On the other hand, I paid for the new Humble Indie Bundle yesterday, and they use https://coinbase.com/‎ as a Bitcoin payment processor. There, my payment was confirmed in only a few seconds. That's the speed you need for POS payments.

But on the Coinbase web site I don't find anything about POS systems, they only do web payments...

I quickly looked into coinbase, has anyone had any other experiences with it...either buying from a merchant using it or using it as a merchant?

I'm interested in it, but I know that BitPay is the market leader and very trusted. And they got a big VC investment recently which hopefully will fix any of the delays you mention.
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