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You should look into bitcoin (at least know about it and how it can help you as a merchant). Any payment company that deals with credit cards is not just a paym
by shtylman 14y ago
You should look into bitcoin (at least know about it and how it can help you as a merchant). Any payment company that deals with credit cards is not just a payment company but a fraud detection service; at least that is what it should be selling themselves as. Fighting CC fraud (and bank transfer fraud) is a challenge as the system was not designed for the digital space.
- blibble 14y agoit's far too difficult to acquire them at the moment for normal citizens, at least in the UK. I spent at least 4 hours trying to legitimately acquire bitcoins to purchase some pretty physical coins from https://www.casascius.com https://www.casascius.com before giving up.
- shtylman 14y agoIf you only spent 4 hours trying to acquire a completely new currency that is not backed by any major authority yet still usable all over the internet, you might want to spend some more time :) And yes, getting a hold of them is still a challenge. If you want to buy in bulk, you can wire money to many of the exchanges for standard wire rates.
- descala 14y agoDo you know of any European based company accepting bitcoins?
- jamoes 14y agoIn Germany, there's a bar called Room 77 that only takes bitcoins: http://www.npr.org/2012/06/01/154140277/berlin-restaurant-experiments-with-virtual-currency http://www.npr.org/2012/06/01/154140277/berlin-restaurant-ex...