srgkrgkj (OP)
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Merit: 1000
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August 20, 2014, 07:43:20 PM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoin
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Swordsoffreedom
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Leading Crypto Sports Betting & Casino Platform
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August 20, 2014, 11:25:18 PM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoinFinally is all I can see was trying to purchase something from overstock from the great white north The use bitcoin option didn't show up so I just postphoned the purchase for a while longer Now if they can get cheaper shipping services it would be golden.
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Buybtc4PP
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Activity: 71
Merit: 10
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August 22, 2014, 01:19:20 AM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoinI thought this was pretty sweet. I was watching some T.V. last week and there was a Overstock.com commercial! It stated that they are now accepting Bitcoin. I was quite shocked to be honest.
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GangkisKhan
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August 22, 2014, 02:16:04 AM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoinGood way to expand customer base without added risk of payment fraud. They should give higher discount to bitcoin users since the transaction fee and fraud rate are lower.
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MyLuckyMichelle
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Activity: 38
Merit: 0
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August 22, 2014, 07:15:45 AM |
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Bitcoins are great for Overstock or any other supplier that accepts Bitcoins, so they should consider giving a discount for payments with Bitcoins. That will also motivate more users to start using Bitcoins.
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itsAj
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August 23, 2014, 04:29:09 AM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoinTheir CEO is very pro bitcoin. They are going to pay their employees' bonuses in BTC this year and are retaining 10% of their BTC revenue in their "coffers" They are making a very big bet on bitcoin and this is not at all unexpected IMO.
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PenAndPaper
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August 23, 2014, 04:45:27 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
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giveBTCpls
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August 23, 2014, 10:14:51 AM |
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I've been reading about this for days now, but when will it be anounced officially by overstock? Also we will still get fucked by international transport taxes.
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polynesia
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Activity: 1358
Merit: 1000
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August 23, 2014, 10:29:15 AM |
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Overstock has long been known as a domestic and electronic product retailer serving thousands of customers in the region of America. The brand hit the news a few months ago when plans for it to accept Bitcoin as a form of payment were first released. Once again the retailer has hit the headlines for similar reasons as it plans to start allowing international customers, from all over the world, to pay with Bitcoin. Read the full story completely @ http://coinfinance.com/news/overstock-to-let-international-customers-pay-with-bitcoinTheir CEO is very pro bitcoin. They are going to pay their employees' bonuses in BTC this year and are retaining 10% of their BTC revenue in their "coffers" They are making a very big bet on bitcoin and this is not at all unexpected IMO. The employees who choose to get paid in BTC are going to get a little bit extra as well. Isn't that wonderful.
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EnfoncerQ2
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Activity: 28
Merit: 0
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August 23, 2014, 04:14:47 PM |
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I cant wait to buy something with BTC.
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negafen
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August 23, 2014, 05:45:19 PM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin.
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botany
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Activity: 1582
Merit: 1064
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August 24, 2014, 12:03:55 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges.
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wasserman99
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August 25, 2014, 02:46:00 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. I would not at all be surprised if they are the first major merchant to do this. Once they would implement some kind of discount for paying in BTC they will likely set a precedent for other merchants. (I have read about newegg having some kind of promotion for people that buy a specific product in BTC, but I think this is too specific to be considered a "discount" for paying in BTC).
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itsAj
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August 25, 2014, 04:43:13 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. I would not be surprised to see this sometime in the future. I would personally consider the most likely time to see this would be would be around the black Friday/cyber Monday sales that most retailers try to use to gain market share and become profitable for the entire year.
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botany
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Activity: 1582
Merit: 1064
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August 25, 2014, 03:48:56 PM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. I would not be surprised to see this sometime in the future. I would personally consider the most likely time to see this would be would be around the black Friday/cyber Monday sales that most retailers try to use to gain market share and become profitable for the entire year. Hope to see it soon. And if it is successful in driving up sales, we can expect all merchants to follow suit.
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routecrypto
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Activity: 28
Merit: 0
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August 25, 2014, 04:54:26 PM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. This is true in theory but in reality the shops usually increase by 3-5% the price if the costumer pays with btc.
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Mightycoin
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August 25, 2014, 05:12:29 PM |
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It's a good news,it would be easy now for many international costumers who lack proper payment options while shopping from sites like that
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itsAj
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August 26, 2014, 01:57:57 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. I would not be surprised to see this sometime in the future. I would personally consider the most likely time to see this would be would be around the black Friday/cyber Monday sales that most retailers try to use to gain market share and become profitable for the entire year. Hope to see it soon. And if it is successful in driving up sales, we can expect all merchants to follow suit. There is no reason why it would not be successful in driving up sales. People are always looking for a cheaper way to buy things. They are also looking for a more convenient way to buy things. Overstock offering a discount in exchange for paying in bitcoin would be both.
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Skrillex
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Activity: 84
Merit: 10
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August 27, 2014, 11:11:04 AM |
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I wish i didnt miss the boat, so i could have enough btc to risk (buying with btc now = risking mass gains in the future)
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wasserman99
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August 28, 2014, 04:00:38 AM |
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The problem with international shipping is import tax. Not that we can't buy with bitcoins.
Import tax will be there even if you pay using credit card. But you will save some money on foreign transaction fee using bitcoin. I also expect overstock to give some discount for those using bitcoins, after some time. After all, they make some savings on the credit card transaction charges. This is true in theory but in reality the shops usually increase by 3-5% the price if the costumer pays with btc. I think most merchants charge nothing extra for their customers paying in bitcoin. The issue is that they should be giving a discount because they are incurring less fees when receiving payment in bitcoin. There are a few merchants that have gotten a bad deal from their bitcoin payment provider who are unknowingly charging a higher price for bitcoin.
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