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August 17, 2016, 12:38:04 PM |
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Why has amazon not added bitcoin as one of their payment options?
Are there any risks associated with buying and selling on amazon with bitcoins?
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deadsilent
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August 17, 2016, 01:08:59 PM |
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Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment. Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.
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shinratensei_
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August 17, 2016, 02:09:32 PM |
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Why has amazon not added bitcoin as one of their payment options?
Are there any risks associated with buying and selling on amazon with bitcoins?
The important reason for that because the price of bitcoin is volatility and caused it, the amazon is not interesting to accept bitcoin, they will feeling difficult to control their price in bitcoin form.
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OmegaStarScream
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August 17, 2016, 02:16:42 PM |
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Why has amazon not added bitcoin as one of their payment options?
Are there any risks associated with buying and selling on amazon with bitcoins?
eBay and Amazon will more than likely won't accept Bitcoin , at least not anytime soon. Not only they need a lot of users who request Bitcoin but they also need the ability to manage chargebacks etc... (they can do that with PayPal however It's impossible with Bitcoin). If you want to buy anything from Amazon , simply buy a gift card from Gyft or any other providers or use Purse.io
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European Central Bank
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August 17, 2016, 02:34:13 PM Last edit: August 18, 2016, 12:27:16 PM by European Central Bank |
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Where's their incentive? It's hassle. You gotta integrate new systems, promote it and at best you might get 0.1% of sales, probably a bunch less.
They're also a payment processor in their own right and have that token thing so there's some clash of interests too.
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tiggytomb
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August 18, 2016, 12:20:53 PM |
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Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.
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ultrloa
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August 18, 2016, 01:07:34 PM |
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Maybe they are afraid of bitcoins flactuatiom and seriously that can be a big loss for them if they risk to accept bitcoin as their payment processor, but who knows maybe in the future they will truly accept it since the market of bitcoins are increasing maybe they are doing a deep analysis for that so they cannot do a wrong move to their business if bitcoins will gone to failure.
flactuation really is the big barricade for bitcoin to be accepted not only on.amazon but also in different online and local store.
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StarofBTC
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August 18, 2016, 01:59:48 PM |
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Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment. Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.
This thing is not powered by Amazon officially. people can buy amazon gift card with bitcoin because of those amazon re-sellers who accept bitcoin and re sell amazon gift cards. these peoples are totally individual and Amazon not involved in them. maybe Amazon officially accept bitcoin in future. but to be very honest it is hard. because Amazon is just fine with his own payment source.
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xIIImaL
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August 18, 2016, 04:45:56 PM |
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Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.
Who said Bro. I have friend who use to purchase in amazon using the discount from purse.io get some price reductions more than 15%. Even you could try for it and use amazon with discounts...
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Palodar
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August 18, 2016, 04:56:21 PM |
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Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment. Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.
This thing is not powered by Amazon officially. people can buy amazon gift card with bitcoin because of those amazon re-sellers who accept bitcoin and re sell amazon gift cards. these peoples are totally individual and Amazon not involved in them. maybe Amazon officially accept bitcoin in future. but to be very honest it is hard. because Amazon is just fine with his own payment source. This is true. You can buy in amazon using bitcoin through indirect buying. A lot of user here are offering gift card of amazon in exchange of bitcoin. I dont have any idea where the sellers get there gift cards. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Anyone here knows the trick? Hahaha
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ngesotcoy
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August 19, 2016, 01:29:32 PM |
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Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.
Who said Bro. I have friend who use to purchase in amazon using the discount from purse.io get some price reductions more than 15%. Even you could try for it and use amazon with discounts... The discount sounds great, but that is why I will never use this service or others like it. If you get goods from the wrong person it could cause some serious headaches and that is just not worth it.
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geopolisch
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August 19, 2016, 02:20:02 PM |
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Amazon still not accepting bitcoin as payment but they are working with bitcoin as option for payment. You can still buy digital gift cards using bitcoin as payment. Hope it will be available soon so many people will benefit and also establishments which accepting bitcoins.
This thing is not powered by Amazon officially. people can buy amazon gift card with bitcoin because of those amazon re-sellers who accept bitcoin and re sell amazon gift cards. these peoples are totally individual and Amazon not involved in them. maybe Amazon officially accept bitcoin in future. but to be very honest it is hard. because Amazon is just fine with his own payment source. This is true. You can buy in amazon using bitcoin through indirect buying. A lot of user here are offering gift card of amazon in exchange of bitcoin. I dont have any idea where the sellers get there gift cards. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Anyone here knows the trick? Hahaha there is no any trick for this. amazong selling the gift cards him self, just go to amazon, create your account. add a payment detail, like paypal or credit card. and then buy amazon gift cards, amazon gift cards is actually a payment source of amazon.
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Labumi
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August 19, 2016, 02:21:05 PM |
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I think that's not the main problem of the amazon has not received payment for bitcoin. May be due to factors introduction and legal use of the bitcoin which has not been recognized by any country or any person using the internet. So this is only technically related and I think in the future this could be a light for us
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lotfiuser
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August 19, 2016, 04:03:39 PM |
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THEY wont risk cuz amazon is just like middle man
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@prashant
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August 21, 2016, 12:37:04 PM |
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I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.
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asriloni
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August 21, 2016, 12:46:28 PM |
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I think it will never happen that amazon will taking bitcoin directly as a payment unless bitcoin price reaches a stable rate.they already have voucher service so they will not try to gamble with it.
the unstable price is not really a problem because there's an API that exchange the bitcoin which being sent by the sender and will be exchanged to the fiat directly with the equivalent amount when the order was made,so it's definitely resolving the unstable of price problem,maybe they just want to stay on the safe zone and don't want to enable bitcoin before it was officially regulated yet
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JeffBrad12
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August 21, 2016, 03:28:14 PM |
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Why has amazon not added bitcoin as one of their payment options?
Are there any risks associated with buying and selling on amazon with bitcoins?
They're not accepting bitcoin directly for their payment because the price is always unstable but they accepting bitcoin payment indirect with buying their's gift card. Accepting bitcoin for their payment it's not only means you can using your bitcoin for directly in their site.
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U2
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August 21, 2016, 03:31:58 PM |
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Can't see it happening until bitcoin becomes really popular and they start receiving thousands of requests / questions about it.
It's not great but it's true. If we all start hounding them all the time to accept bitcoins it's going to happen sooner rather than later. Let's get on it guys! We need 5 emails each per day!
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Forbiddenone
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August 21, 2016, 05:01:34 PM |
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Amazin will never accept bitcoin directly as already depend on voucher as a alternative to buy product.i hope they might start interchange bitcoin to voucher service globally.
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