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Bitcoin Forum > Bitcoin > Mining > Hardware > Re: CoinTerra no longer accepts Credit Card or Paypal !!!
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Author Topic: Re: CoinTerra no longer accepts Credit Card or Paypal !!!  (Read 920 times)
dragonkid (OP)
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September 26, 2013, 07:30:47 PM
 #1
Quote from: cointerra on September 25, 2013, 04:10:05 PM

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Today I was going to buy 2 miners from your company, and discovered that you no longer accepts Credit Card or Paypal!!

Dragonkid,

Due to circumstances outside of our control, we have been forced to suspend accepting payments through PayPal.

I apologize for any inconvenience this is causing you, but we are working on getting an alternate credit card processor as soon as possible.

We are still accepting BitCoin and wire transfer, and since the availability is limited, we encourage our customers to secure payment through one of these methods to ensure your place in queue.

Regards,
CoinTerra Support

I just thought other members need to know they no longer accepts Credit Card or Paypal.
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October 01, 2013, 01:45:27 PM
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Oh dear! I wonder what happened!?
Thanks for the heads up Dragonkid, I didn't know this happened as it wasn't announced anywhere.
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October 01, 2013, 01:58:36 PM
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Paypal is taking a bath on refunds from the likes of BFL and Terrahash

They probably have screwed it up for everyone.
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October 01, 2013, 02:35:02 PM
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Quote from: Spudsz on October 01, 2013, 01:45:27 PM
Oh dear! I wonder what happened!?
Thanks for the heads up Dragonkid, I didn't know this happened as it wasn't announced anywhere.

KNC + Bitfury October 400 GH/s deliveries.

Once people see the explosion in diff, refunds might rain even for good GH/$ by today's standards.
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October 07, 2013, 08:39:45 PM
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Its probably the same issue I am running into.

Paypal won't touch anything that has even the slightest hint of Bitcoin, calling it "Currency Exchange". Which they state they do not do. This is also true of most merchants like Shopify.

I am in the process of trying to find a Credit Card Processor as well for my website.
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dragonkid (OP)
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October 07, 2013, 09:00:43 PM
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Quote from: SolidSnke on October 07, 2013, 08:39:45 PM
Its probably the same issue I am running into.

Paypal won't touch anything that has even the slightest hint of Bitcoin, calling it "Currency Exchange". Which they state they do not do. This is also true of most merchants like Shopify.

I am in the process of trying to find a Credit Card Processor as well for my website.

I heard that is not really a hard process, as long as you have a business.
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