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Some business advice, you are opening yourself up to interesting levels of CC fraud (desirable good, lack of needed info, lack of data for pattern checking). W
by mey 13y ago
Some business advice, you are opening yourself up to interesting levels of CC fraud (desirable good, lack of needed info, lack of data for pattern checking). Which if chargebacks don't directly kill your bottom line, the payment networks will simply cut you off for your high fraud.
- rdegges 13y agoWe're hoping that once we start accepting Bitcoin a majority of purchases will be done through that medium. We've got copy prepared which urges users to pay with Bitcoin due to security concerns, and should have this up tomorrow.
- Giszmo 13y agoI hope you fail with CC and let the public know bitcoin's strength rather than see sneak in some paragraph in the small print of your TOS that allows you to keep the CC data for half a year just in case.
- rdegges 13y agoWe've added Bitcoin support since this comment was added -- but if you look at our website copy now we've revised it to pushed users towards using Bitcoin as the preferred payment medium.
- rpearl 13y agoYour website copy is misleading--bitcoin is not anonymous, and a user must take additional steps to obtain bitcoin anonymously.