[VIDEO] How StompRomp eliminates payment fraud by using bitcoin

[BitPay Business Solutions]

New post is up, with a cool video from StompRomp!

http://uptweet.com/viewStory?id=606

StompRomp experiences a very common problem called payment fraud, because they sell a high ticket item.  They, and other merchants, are pretty astute at screening for suspicious activity and payment fraud in their retail stores.  They can check for photo ID, they can look at the condition of the card, and they can get a signature.

But when taking a payment over the internet, to try and reach customers outside of New Hampshire, they do not have the same abilities.  And when taking a payment from a foreign country, the risk of fraud is 3-4 times higher than for domestic transactions.

[ElectricMucus]

fake and gay

[kwukduck]

fake and gay

lolwut?

[DannyHamilton]

. . . and gay

Could you perhaps help me out by explaining in exactly what way is this video engaging in an intimate relationship with another video of the same gender?

[cbeast]

Excellent video. I laughed. My guitar gently weeped.

[paraipan]

Alright, keep up the good work guys!

[paybitcoin]

Nice video! Super smooth payment flow!

I like this quote from the article the best though:

"We have to spend an hour being a private detective on every international sale," says Josh Harvey. "We need to contact the buyer, ask them who is their employer, what is their address history, what is this purchase for. We need to do our own research to assess the risk whether this is a scam or not. I honestly don't know what we are paying Visa for, when we have to do all the work."