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Author Topic: How Delayed Payments from Coinbase to BitPay will be applied  (Read 1316 times)
BitPay Business Solutions
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March 24, 2013, 06:17:49 AM
 #1

full details here:

http://blog.bitpay.com/2013/03/applying-late-transactions-to.html

Quote
BitPay will manually apply the payments to the expired invoices and consider them paid in full. Merchants will receive the IPN after the payment is applied.

For this particular set of circumstances, BitPay will assume the 10% loss on these invoices so that the buyers, and our merchants, are not affected by the inconvenience of the online wallet service that experienced technical difficulties.


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cypherdoc
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March 24, 2013, 11:04:48 AM
 #2

Yet again an example of how an open source community handles problems in a magnanimous way.

The last time was Eleuthria and a select few mining pools and now it's BitPay.

Congratulations and thanks!
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