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Author Topic: Bit-Pay.com / Super Boost for Bitcoin Economy  (Read 7240 times)
elements
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July 28, 2011, 02:30:32 AM
 #1

Hi,

to all people interested in selling stuff for bitcoin (at least in the US)
I recommend watching the bitcoin show episode 30 in which the new merchant accepting/checkout service www.bit-pay.com is presented extensively.

It is so usable like nothing seen in the btc-world so far!

make sure to check out the site, too - they have a nice video.


BTW: I don't have anything to do with them and I don't even live on the same continent BUT I really think this could help bitcoin!

»A common mistake that people make when trying to design something completely foolproof was to underestimate the ingenuity of complete fools.« - Douglas Adams
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July 28, 2011, 02:31:38 AM
 #2

Agreed.
Keyur @ Camp BX
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July 28, 2011, 03:09:39 AM
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Agreed - they have built a great product!  Stephen and Tony are great guys to work with.

- Keyur



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July 28, 2011, 03:09:44 AM
 #4

Just signed up for it today.

This looks like the bitcoin solution to PayPal.

Now every website that sells stuff should be able to easily sell using bitcoin.

I cannot wait to give it a try.

I am surprised that they needed my company EIN though.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
elements
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July 28, 2011, 03:14:19 AM
 #5

Just signed up for it today.

This looks like the bitcoin solution to PayPal.

Now every website that sells stuff should be able to easily sell using bitcoin.

I cannot wait to give it a try.

I am surprised that they needed my company EIN though.

Well, not quite every site:
currently only businesses in the US...LIKE ALWAYS - hint, hint Keyur Wink

...but still!

And I wrote them an email and already got a response - they hope to be able to expand to Europe, too very soon.

»A common mistake that people make when trying to design something completely foolproof was to underestimate the ingenuity of complete fools.« - Douglas Adams
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BitPay Business Solutions
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July 28, 2011, 03:25:15 AM
 #6

Thanks guys!  I was about to post a thread but I'll just add to this one.

We need to walk before we run here.  Bit-pay is still in beta-test, and we can't support hundreds of merchants tomorrow.  Since every install has a little customization we want to make sure every merchant gets our full support to get going.

Too many bitcoin startups have grown too fast beyond what they can support.  And when a problem happens, suddenly thousands of people cannot get their emails answered!  We don't want that to happen.  We'd rather grow a little more slowly and make sure we can support every merchant we take on.  We're in this for the long haul.

Believe me, we would LOVE to open bit-pay up to every business in the world, and we will get there.  We just ask that you are patient with us, as every week we will add new features to our site that will enable us to bring on more merchants. 

We do have the Merchant Application at our site, and anyone interested should apply now.  If we feel we can meet your needs with what we have, we'll approve you sooner.  If it's a more complicated install, it may take more time.  Please be patient and we look forward to serving you!

Thanks
Tony

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
BitPay Business Solutions
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July 28, 2011, 03:38:15 AM
 #7

Can anyone update the list of "Shopping Carts" on the wiki and add Bit-Pay?  I can't see how to do that.

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
geek-trader
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July 28, 2011, 03:57:43 AM
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Your website is a bit slim on the details (no sound here, so I have not watched the video.  I tend not to watch video.  You may find that developers tend to not watch video, we like to read.)

I have a website that sells stuff.  I use PayPal shopping cart.  Can I do a similar thing with Bit Pay?  The PayPal shopping cart is dead simple to implement.

alternately:

I am transitioning my site to Wordpress.  Is there a Wordpress plugin for Bit Pay?

Thanks!

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
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Bitcoin Swami
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July 28, 2011, 04:13:01 AM
 #9

Your website is a bit slim on the details (no sound here, so I have not watched the video.  I tend not to watch video.  You may find that developers tend to not watch video, we like to read.)

I have a website that sells stuff.  I use PayPal shopping cart.  Can I do a similar thing with Bit Pay?  The PayPal shopping cart is dead simple to implement.

alternately:

I am transitioning my site to Wordpress.  Is there a Wordpress plugin for Bit Pay?

Thanks!

Bruce did it step by step on the bitcoin show today and it looked hella easy.  Just like paypal but with alot more cool features.
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July 28, 2011, 04:18:38 AM
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Your website is a bit slim on the details (no sound here, so I have not watched the video.  I tend not to watch video.  You may find that developers tend to not watch video, we like to read.)

I have a website that sells stuff.  I use PayPal shopping cart.  Can I do a similar thing with Bit Pay?  The PayPal shopping cart is dead simple to implement.

alternately:

I am transitioning my site to Wordpress.  Is there a Wordpress plugin for Bit Pay?

Thanks!

Bruce did it step by step on the bitcoin show today and it looked hella easy.  Just like paypal but with alot more cool features.

More with the video.  Roll Eyes  Am I the last devotee of the written word?  Grin

I'll check it out.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
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July 28, 2011, 04:24:30 AM
 #11

I watched the video and they are a liiiiiiiiiiiiittle too liberal on the "Eliminates fraud" jargon.

It doesn't eliminate fraud, it eliminates the buyer being able to "renig" on his transaction. A fraudster can still pay with stolen bitcoins.
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July 28, 2011, 04:34:42 AM
 #12

@bit-pay

You might want to look into changing your logo. Paypal isn't a nice business and may sue you.

EDIT: Just watched the video, your service sounds great.

elements
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July 28, 2011, 04:42:12 AM
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Huh I don't see the similarities you see. Why would paypal sue bit-pay?

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BitPay Business Solutions
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July 28, 2011, 04:46:38 AM
 #14

@bit-pay

You might want to look into changing your logo. Paypal isn't a nice business and may sue you.

EDIT: Just watched the video, your service sounds great.

Thanks.  We have a designer working on a new logo.  In fact we had a little beauty contest last night with lots of color options. 

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
geek-trader
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July 28, 2011, 04:59:40 AM
 #15

Your website is a bit slim on the details (no sound here, so I have not watched the video.  I tend not to watch video.  You may find that developers tend to not watch video, we like to read.)

I have a website that sells stuff.  I use PayPal shopping cart.  Can I do a similar thing with Bit Pay?  The PayPal shopping cart is dead simple to implement.

alternately:

I am transitioning my site to Wordpress.  Is there a Wordpress plugin for Bit Pay?

Thanks!

Bruce did it step by step on the bitcoin show today and it looked hella easy.  Just like paypal but with alot more cool features.

an HOUR!  Seriously?  This is why I read.  Give me a transcript of that show and I'll read it in 10 minutes or less.

Look, Bit Pay.  Give me written documentation, or I (and other developers) wont use you.  It's that simple.

[edit - I implemented PayPals shopping cart in an hour. I'm not watching an hour long video ]

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
elements
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July 28, 2011, 05:05:41 AM
 #16

sigh. then don't. the economy will probably survive without bitkamikaze using bit-pay.

BTW you don't need to watch the show. it is so easy that you will understand it on the fly anyway if you have created your own sites.

»A common mistake that people make when trying to design something completely foolproof was to underestimate the ingenuity of complete fools.« - Douglas Adams
Use the trusted German Bitcoin exchange: https://www.bitcoin.de/de/r/5wcwts
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geek-trader
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July 28, 2011, 05:22:33 AM
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sigh. then don't. the economy will probably survive without bitkamikaze using bit-pay.

BTW you don't need to watch the show. it is so easy that you will understand it on the fly anyway if you have created your own sites.

I'm not the Kamikaze developer OR the King Of The Mountain developer, I'm just a degenerate gambler.  Grin

But, I am a developer for the past 13 years, and I can speak for developers when I say we want written documentation, BEFORE we register, or we're not going to use you.

And the Bit Pay site does not have this, or at least does not have it where I can easily find it.

If you DO have it, put it out front!  If you don't have it, get it.  Trust me, this is important.  Example code.  Test beds.  "real" merchant APIs have this.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
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July 28, 2011, 05:38:56 AM
 #18

Can anyone update the list of "Shopping Carts" on the wiki and add Bit-Pay?  I can't see how to do that.
I've added a boilerplate page to the wiki and linked it to the "Shopping Carts" category. I didn't take the time to fill out any of the content. I might squeeze in some basic info before I go to bed.

https://en.bitcoin.it/wiki/Bit-pay

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July 28, 2011, 05:51:29 AM
 #19

I think it's a bunch of fucking bullshit and a rip off of the bitcoin community.
Isn't it already a bunch of crap that we pay 3& to credit card companies. They claim to charge that for their "highly protective, massively fraudulent services that use thousands of computers and office buildings thousands of employees etc etc etc.

So why are we expected to pay these guys 2% of every transaction to use this service as a merchant?
What did they do, besides write a simple program, which should give them 2% off all merchants fees? What do they do that qualifies this HUGE EXORBITANT FEE from these guys? I don't get it. I call this a bunch of baloney

I hope another one comes along next month and moves these guys down 2 notches.

Why does Bitrebel have 65+ Ignores?
Because Bitrebel says things that some people do not want YOU to hear.
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July 28, 2011, 05:56:01 AM
 #20

Haha if you don't like the service don't use it, but 2% is hardly unreasonable.  If it is so easy, then make a competitor and charge whatever you want.
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