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What's taking them so long? It's pretty trivial to integrate something like Bitpay or Coinbase for merchant accounts. Maybe they're negotiating a deal with one
by fragsworth 13y ago
What's taking them so long? It's pretty trivial to integrate something like Bitpay or Coinbase for merchant accounts.
Maybe they're negotiating a deal with one of those companies?
- whyenot 13y agoFrom the Marketwatch article: The project is in an early stage, with no decision yet on whether Overstock.com OSTK would work with bitcoin companies to allow bitcoin payments or create its own system. A team of six to 12 people is expected to work on bitcoin payments at the company, said Byrne. http://blogs.marketwatch.com/thetell/2013/12/19/overstock-com-to-accept-bitcoins-ceo-says-money-is-too-important-to-leave-in-the-hands-of-government-officials/ http://blogs.marketwatch.com/thetell/2013/12/19/overstock-co... It doesn't sound like they have quite figured out what they are doing yet.
- gizmo 13y agoNot so trivial. * Presumably they need to integrate with their backend systems for reporting, inventory and tax purposes. * They need to integrate with their customer support system so bitcoin payments are recognized as such. * They have to update their refund policy and other legal docs to take bitcoin payments into account It's not just about making the right API call, you know.