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Author Topic: 2013-03-06 BitPay Integrates Bitcoin with Fulfillment by Amazon.com  (Read 3537 times)
sunnankar (OP)
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March 06, 2013, 01:44:09 PM
Last edit: March 06, 2013, 02:32:51 PM by sunnankar
 #1

From MarketWatch:

Quote
BitPay, the world's leading payment processor for bitcoin payments, announces that it has integrated its service with Amazon.com's Fulfillment-by-Amazon (FBA) web service.

"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
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Piper67
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March 06, 2013, 01:51:58 PM
 #2

From MarketWatch:

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BitPay, the world's leading payment processor for bitcoin payments, announces that it has integrated its service with Amazon.com's Fulfillment-by-Amazon (FBA) web service.

Does this mean what I think it might mean???
Scott J
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March 06, 2013, 01:54:17 PM
 #3

Ok, I'm starting to think this isn't a bubble Grin
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March 06, 2013, 01:54:35 PM
 #4

This means that there is now a convenient way for anyone (registered business @ Amazon) to sell anything with bitcoins through Amazon.

Denarium closing sale discounts now up to 43%! Check out our products from here!
sunnankar (OP)
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March 06, 2013, 01:55:59 PM
 #5

This means that there is now a convenient way for anyone (registered business @ Amazon) to sell anything with bitcoins through Amazon.

Correct. It uses the Amazon fulfillment service and integrates it with WordPress blogging software (which many websites use).

It is not equal to Amazon accepting bitcoins; although it is a significant and material step in that direction.

kiba
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March 06, 2013, 01:58:36 PM
 #6

NEED DATE FORMATING, SIRE!

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March 06, 2013, 02:01:22 PM
 #7

Does this mean what I think it might mean???
Maybe.
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PayPal does not offer the same service that BitPay can, so we have to manually process any orders which are paid through PayPal.
It means Gavin needs to get started on allowing the network scale to match PayPal's transaction volume right now, because the need for that many transactions will arrive sooner than anyone thinks is possible.
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Enabling the maximal migration


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March 06, 2013, 02:03:03 PM
 #8



Holy jesus. It's really happening.

Bro, do you even blockchain?
-E Voorhees
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March 06, 2013, 02:05:23 PM
 #9

Here is more information on our website, explaining how it works:

https://bitpay.com/amazon


BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
psybits
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March 06, 2013, 02:07:21 PM
 #10

It's amazing being here and watching all this unfold. Good work BitPay Smiley
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March 06, 2013, 02:13:56 PM
 #11

Did Amazon approve this and do they know about bitcoin and bitpay.com?
cedivad
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March 06, 2013, 02:15:37 PM
 #12

 How does this works? Bitpay anticipates the money to amazon that ships?
Doesn't seem that huge if so.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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March 06, 2013, 02:25:53 PM
 #13

Did Amazon approve this and do they know about bitcoin and bitpay.com?

No, Amazon did not, or do not need to, approve it because it is just a plugin to the WooCommerce plugin. Yes, Amazon knows about Bitcoin. Unknown whether they know about Bitpay.

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March 06, 2013, 02:29:51 PM
 #14

We want the date formatting to be like 2013-03-06 without the 8:32 AM.

ShadowOfHarbringer
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March 06, 2013, 03:43:10 PM
 #15

Holy jesus. It's really happening.

We are watching history being made live.

Also, the Bitpay guys really know how to do their job. Amazing (Or rather: "Amazon" Cheesy).

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March 06, 2013, 04:10:25 PM
 #16

wow amazing news

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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March 06, 2013, 04:47:09 PM
 #17

Some background reading about how important the fulfillment business is to amazon


http://www.wired.com/business/2013/01/amazons-future-not-selling-stuff/

"Remember too on every occasion which leads you to vexation to apply this principle: not that this is a misfortune, but that to bear it nobly is good fortune." - Marcus Aurelius
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March 06, 2013, 07:16:58 PM
 #18


http://www.wired.com/business/2013/01/amazons-future-not-selling-stuff/

From the comments:
"As a retailer that tried selling through Amazon, I can tell you Amazon ALWAYS sided with the customer in disputes. That's why we stopped selling on Amazon."

Problem solved with Bitcoin.
Now if you are selling through Amazon and accept bitcoins there is no risk of fraudulent transactions and you get to leverage Amazon's infrastructure! Win-Win....And Amazon gets to keep their sellers happy.
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March 06, 2013, 09:46:31 PM
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http://www.wired.com/business/2013/01/amazons-future-not-selling-stuff/

From the comments:
"As a retailer that tried selling through Amazon, I can tell you Amazon ALWAYS sided with the customer in disputes. That's why we stopped selling on Amazon."

Problem solved with Bitcoin.
Now if you are selling through Amazon and accept bitcoins there is no risk of fraudulent transactions and you get to leverage Amazon's infrastructure! Win-Win....And Amazon gets to keep their sellers happy.

what happens when a customer wants his coins back?
21after2
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March 06, 2013, 10:35:24 PM
 #20

This manages to be both not all that tangible and a huge step for Bitcoin at the same time, lol! Here's hoping for even bigger things!
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