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Author Topic: BitcoinGateway.com - BTC & MtGoxUSD via Visa/Mastercard (US only)  (Read 15257 times)
The Madhatter
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November 24, 2010, 11:12:20 PM
 #21

4. What did you really tell your merchant number provider that you are selling?
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chaord
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November 25, 2010, 12:23:09 AM
 #22

Ok, so after processing a number of transactions, and finding a couple issues/bugs (nothing major), I have decided to bring the site down for the weekend.  My intention is to address some minor work-flow issues on my end and bring the site back up by Monday (Thanksgiving is in the way).

In the meantime, I want to thank those customers that tried out the service.  I hope everything met (or exceeded) your expectations.

I will update this thread when I bring the site back up.

--Chaord
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November 25, 2010, 12:24:20 AM
 #23

4. What did you really tell your merchant number provider that you are selling?


I said that I sell "digital information tokens", then used a lot of big words. Wink
The Madhatter
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November 25, 2010, 12:37:57 AM
 #24

Okay, don't tell the truth then. Tongue

From my experience; if the merchant number provider doesn't understand what you are selling your application is denied, or you have to put up a large deposit. Sad

Edit: I really do wish you the best. If you can keep your shirt on, and not get steamrolled by fraudsters, you will be running the single most important piece of 'Bitcoin machinery'. Smiley
chaord
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November 25, 2010, 01:12:55 AM
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Okay, don't tell the truth then. Tongue

From my experience; if the merchant number provider doesn't understand what you are selling your application is denied, or you have to put up a large deposit. Sad

Edit: I really do wish you the best. If you can keep your shirt on, and not get steamrolled by fraudsters, you will be running the single most important piece of 'Bitcoin machinery'. Smiley

Thank you for your kind words.  Incidentally, I checked out bitcoin2cc.com today...nice work! I'm wondering if there might be some synergies there with bitcoingateway, eg providing my customers the ability to "cash out." 
The Madhatter
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November 25, 2010, 01:37:32 AM
 #26

Smiley

Yeah, for sure. We should linkswap or something once you get your system up and running.
chaord
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November 25, 2010, 01:41:11 AM
 #27

Smiley

Yeah, for sure. We should linkswap or something once you get your system up and running.


Definitely.  I'm spending the next couple days automating some things so that I can handle much more transactional volume.  Next week I'll throw a link up to bitcoin2cc.com on the SELL page.
The Madhatter
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November 25, 2010, 01:42:22 AM
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Awesome. Wink
anarchy
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November 25, 2010, 05:42:32 PM
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I suggest using automatic phone verification to the card number on file, and using www.iovation.com
chaord
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November 26, 2010, 08:33:53 AM
 #30

I suggest using automatic phone verification to the card number on file, and using www.iovation.com


I'll look into it.  Thanks for the suggestion!  I definitely imagine that something more sophisticated, similar to iovation will be necessary in the future.

In its current form, BitcoinGateway.com should be back up this weekend.  After that I'll focus on a completely new version that will be fully automated and incorporate things like iovation (and perhaps more) Wink.
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November 27, 2010, 01:44:54 AM
 #31

http://www.greenid.com.au/


 Smiley

(for your aussie customers)   Tongue
chaord
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November 27, 2010, 03:43:07 AM
 #32

Site is back up and accepting signups, however purchasing of bitcoins by credit card is still temporarily suspended (family time is eating into my bitcoin time Wink).  Everything will be up and running soon though.  Hang tight.
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November 29, 2010, 06:39:43 AM
 #33

By soon I mean Tuesday.  Sorry its taking so long.
nanotube
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November 29, 2010, 06:44:08 AM
 #34

* nanotube cheers chaord on. Smiley

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sandos
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November 29, 2010, 10:52:49 AM
 #35

Have you thought about using 3D secure?

I would live this over the US-centric calling system Smiley
chaord
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November 29, 2010, 10:20:36 PM
 #36

Have you thought about using 3D secure?

I would live this over the US-centric calling system Smiley

We will work on new solutions soon...have to start somewhere Smiley
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November 30, 2010, 12:49:09 PM
 #37

Hi, I'm interested in buying btc by visa, but I'm affraid to tell my card number etc to site without any real company behind and with unknown security policies. Do you plan to use some well known Visa processor to skip storing card details direcly on your backend? Currently I cannot use it or even tell my friends Sad.

ribuck
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November 30, 2010, 01:00:29 PM
 #38

Hi, I'm interested in buying btc by visa, but I'm affraid to tell my card number etc to site without any real company behind and with unknown security policies...

I don't speak on behalf of the site owner, of course, but you may want to consider the following, given that you seek a "company" with "policies".

A "company" is a limited liability structure, designed to internalise the profit but externalise the risk. And "policies" don't count for a lot. It's the actual "practice" that counts.
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November 30, 2010, 01:34:25 PM
 #39

A "company" is a limited liability structure, designed internalise the profit but externalise the risk. And "policies" don't count for a lot. It's the actual "practice" that counts.

Got your point. But if somebody wanish my credit card I don't have any instance to appeal. I'm probably too much sceptical, but I simply use only 'trusted' providers like paypal (yes, paypal is evil, but mainly for sellers than buyers).

It is not anything personal against service itself. But where are credit cards stored? In Mysql on some cloud VPS together with many other PHP sites with SQL injections? Thanks, no...

teppy
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November 30, 2010, 01:53:46 PM
 #40

FWIW, I've known Chaord for a while now, and he's a stand-up guy.

I've been directing people to BitCoinGateway.com when they need Bitcoins to play Dragon's Tale, and all have reported quick and hassle-free service.

Dragon's Tale is the longest running Bitcoin enterprise in the world.
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