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Author Topic: why aliexpress don't use bitcoin ?  (Read 3770 times)
Meuh6879 (OP)
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February 25, 2015, 11:59:58 PM
 #1

it's a real question because i see many other payment method from isolate country ... and aliexpress don't allow paypal.
so bitcoin is more competitive for fees (and chargeback, too).

 Smiley

 Grin and the 24h to verified the credit card payment is ... you see what i mine ...  Cheesy
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February 26, 2015, 01:26:53 AM
 #2

They have their own payment system. They own little paypal.
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February 26, 2015, 03:37:21 PM
 #3

Today do not using. But surely will use in a near future.

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February 26, 2015, 03:40:30 PM
 #4

Adding Bitcoin on Aliexpress won't work with their policy I guess mate . As we all know that Bitcoin is irreversible once you do the transaction . so basically if you send BTC to the seller It's done . there is no way you can claim your buyer protection to be extended or do Chargeback even if the seller don't send the goods .

~ Madness

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February 26, 2015, 03:40:58 PM
 #5

They have their own payment system. They own little paypal.
But paypal is accepting BTC so they should too soon.
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February 26, 2015, 03:52:34 PM
 #6

Adding Bitcoin on Aliexpress won't work with their policy I guess mate . As we all know that Bitcoin is irreversible once you do the transaction . so basically if you send BTC to the seller It's done . there is no way you can claim your buyer protection to be extended or do Chargeback even if the seller don't send the goods .

~ Madness

That is where an escrow service comes in handy?
There are more ways to do so, with btc it could be easyily setup. Aliexpress could accept the payments and pay the merchant through their own creditcard service?
If all needs to be reversed they fix it with the merchant and then pay back the bitcoins?

It would be great though, got some great deals and looking for more Smiley

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February 26, 2015, 04:01:08 PM
 #7

Dont they already have something called Alipay ? And just like you would argue for any other store to accept bitcoin, aliexpress already has more options for payments than most of the other marketplaces.

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February 26, 2015, 04:20:55 PM
 #8

Dont they already have something called Alipay ? And just like you would argue for any other store to accept bitcoin, aliexpress already has more options for payments than most of the other marketplaces.

Correct.  They have their own payment system called Alipay, which is why they don't incorporate Bitcoin:

http://global.alipay.com/ospay/home.htm

They'd be cannibalizing their own product by doing so.  If and when Bitcoin approaches their level of transaction volume, I'm sure they'll consider adding it as an option.

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February 26, 2015, 04:22:42 PM
 #9

Dont they already have something called Alipay ? And just like you would argue for any other store to accept bitcoin, aliexpress already has more options for payments than most of the other marketplaces.

Correct.  They have their own payment system called Alipay, which is why they don't incorporate Bitcoin:

http://global.alipay.com/ospay/home.htm

They'd be cannibalizing their own product by doing so.  If and when Bitcoin approaches their level of transaction volume, I'm sure they'll consider adding it as an option.
we're probably gonna get added once bitcoin shows the world how amazing it is :>
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February 26, 2015, 04:31:42 PM
 #10

Considering the opposition faced by Bitcoin in China, it is not surprising to see major Chinese retailers such as Alibaba / Aliexpress avoiding BTC payments. Hopefully they will reconsider their decision in a few years.
Meuh6879 (OP)
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February 26, 2015, 06:06:03 PM
 #11

As we all know that Bitcoin is irreversible once you do the transaction . so basically if you send BTC to the seller It's done . there is no way you can claim your buyer protection to be extended or do Chargeback even if the seller don't send the goods .

Aliexpress use always an Escrow (it's not alibaba !).

So, you can have a complete recovery of fund if you don't receive the item ... or a partial refund if the item is not the descripted indicate on the action.

Aliexpress is like ebay but without paypal (job do by aliexpress in internal).
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February 26, 2015, 06:09:00 PM
 #12

i believe it is matter of time and it will have crypto currencies system installed in it.

MY ACCOUNT WAS HACKED, BUT THIS ASSHOLE DIDN'T CHANGE THE PASSWORD. I DON'T USED THIS FORUM FOR AGES. YOU COULD SEE IT FROM MY ACTIVITY. I USED THIS FORUM FOR FUN AND TO GET SOME BTC FROM SIGNATURES.. NOW I SEE TERRIBLE POSTS AND CRIMINAL OFFENSE FROM MY ACCOUNT. I FEEL VERY SORRY FOR ALL WHO HARMED FROM THIS LAYER ASSHOLE.. I exported my outbox when he was doing dirty jobs.. OUTBOX HERE FOR DOWNLOAD
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February 26, 2015, 06:11:20 PM
Last edit: February 26, 2015, 06:46:09 PM by Meuh6879
 #13

yes, i think too ... when i read "so, the 50% hashrate of bitcoin is located in China, now ... in 2015".

 Grin things doesn't append by error ...
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February 26, 2015, 06:23:37 PM
 #14

Basically because they already have their own payment system/processor? The alipay is what they call it afaik.

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February 26, 2015, 08:25:31 PM
 #15

Dont they already have something called Alipay ? And just like you would argue for any other store to accept bitcoin, aliexpress already has more options for payments than most of the other marketplaces.

Correct.  They have their own payment system called Alipay, which is why they don't incorporate Bitcoin:

http://global.alipay.com/ospay/home.htm

They'd be cannibalizing their own product by doing so.  If and when Bitcoin approaches their level of transaction volume, I'm sure they'll consider adding it as an option.
we're probably gonna get added once bitcoin shows the world how amazing it is :>

6 years in. I think we are already past that phase now. Its just the volatility which keeps the people out from investing into it.

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February 26, 2015, 08:33:46 PM
 #16

they don't work with shits Smiley

they want real cash not "bitcoin". same for others. do you really think that a big company needs BTC? hahah

even they accept bitcoin(because it's trendy) they don't own it. they get cash from an exchange like Bitpay.
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February 26, 2015, 10:37:30 PM
Last edit: February 27, 2015, 01:02:28 PM by mayax
 #17

they don't work with shits Smiley

they want real cash not "bitcoin". same for others. do you really think that a big company needs BTC? hahah

even they accept bitcoin(because it's trendy) they don't own it. they get cash from an exchange like Bitpay.
They could be their own exchange, it's well known the Chinese love Precious Metals and non inflationary wealth. Once they can set up an exchange 100% and have zero issue they will be exchanging the BTC themselves.

they don't need complications and why would they need BTC? BTC market is TOO small. up to 1.5 mil users and only up 100.000 regular users.

a medium online referral program has more members Smiley  

let's not forget that wordpress doesn't accept BTC anymore. they only got up to 1-2 BTC payments per week... YES, 1-2 payments/weekly. Smiley

BTC market is a joke. it's only propaganda and nothing more.
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February 26, 2015, 10:51:31 PM
 #18

they don't work with shits Smiley

they want real cash not "bitcoin". same for others. do you really think that a big company needs BTC? hahah

even they accept bitcoin(because it's trendy) they don't own it. they get cash from an exchange like Bitpay.
They could be their own exchange, it's well known the Chinese love Precious Metals and non inflationary wealth. Once they can set up an exchange 100% and have zero issue they will be exchanging the BTC themselves.

they don't need complications and why would they need BTC? BTC market is TOO small. up to 1.5 mil users and only up 100.000 regular users.

a medium online referral program has more members Smiley  

let's not forget that worldpress doesn't accept BTC anymore. they only got up to 1-2 BTC payments per week... YES, 1-2 payments/weekly. Smiley

BTC market is a joke. it's only propaganda and nothing more.

Worldpress, what the fuck is that?


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February 27, 2015, 03:16:08 AM
 #19

I have been looking at aliexpress for a while, is it pretty safe to buy stuff from there? I ask because alibaba looks sketchy some time and they are the same company.
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February 27, 2015, 09:31:09 AM
 #20

Adding Bitcoin on Aliexpress won't work with their policy I guess mate . As we all know that Bitcoin is irreversible once you do the transaction . so basically if you send BTC to the seller It's done . there is no way you can claim your buyer protection to be extended or do Chargeback even if the seller don't send the goods .

~ Madness

They can add a Escrow feature like ebay
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