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Author Topic: Taking Payments from UK to US?  (Read 668 times)
praxeologist
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July 04, 2011, 01:53:53 PM
 #1

I run a little (US-based) online store and have some people in the UK who want to buy my product. Since Mtgox let my password be released, I really don't want to use them and don't see why any of these new exchanges are any more secure, so I am thinking to bypass bitcoins entirely if there is a way.

I can accept credit cards and Dwolla, but only from people in the US. I could probably get away with some amount of transactions with things like Paypal but my product (electronic cigarettes) is forbidden. My volume isn't big enough to justify getting some sort of separate processor account for international cards at this point. Any ideas?

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praxeologist
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July 06, 2011, 12:39:42 PM
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Anyone? I guess this is a good example of how little bitcoins are used for actual commerce vs. speculative trading.

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July 06, 2011, 12:50:10 PM
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Why not just suck it up and use bitcoins via a different exchange?
You've pretty much answered your own question as to which payment method you should use.

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July 06, 2011, 02:00:28 PM
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Why? I don't trust any of these exchanges and would prefer to just use a traditional payment system if possible. I guess bitcoin7 looks easier to buy bitcoins for people in the UK since tradehill seems to have disabled instant purchases. Maybe I don't understand the post-Mtgox exchange environment though.

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