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Seamlessly Buy with Bitcoin using Zinc
- spada 13y agoI was hoping this would be a payment gateway that accepts bitcoin.
- brayton 13y agodifferent from what snapCard offers?
- dsil 13y agoWell, for now at least, they're not charging the extra 2% that snapCard takes.
- cyclix86 13y agoDoesn't seem very innovative.
- pbharrin 13y agoThey are even giving you money back. Awesome
- HockeyPlayer 13y agoI can't find the exchange rate they use. It always makes me nervous when that isn't clearly shown.
- FriedPickles 13y agoThanks for the feedback! It is the current Coinbase SELL price: https://coinbase.com/api/v1/prices/sell https://coinbase.com/api/v1/prices/sell We'll add it to the order confirmation page soon!
- atulagarwal 13y agoI'm still looking for an exchange where I can buy Bitcoins simply with a Credit/Debit Card. I hurriedly read the title as: Seamlessly Buy Bitcoin using Zinc Missed the "with"! Anyone else wanting this? Or if it already exists, can someone point me there?
- pygy_ 13y agoThe problem with cards and Paypal is chargebacks. You can't get your coins back if someone cancels his currency transaction. Most people don't abuse them, but a handful does, and that's enough to wreak havoc.
- JoshTriplett 13y agoThe only way this could ever work safely is if you partnered with a credit card company prepared to treat a record in the blockchain as sufficient proof to refuse a chargeback.
- CamperBob2 13y agoOr if you treated credit-card bitcoin purchases as options. On the surface it's not a good idea for someone to accept credit cards for bitcoins, but why can't I use my credit card to purchase BTC at the current rate for, say, April 15 delivery? Of course, now I have to trust the seller to follow through, but that's a tractable problem that can be solved with either reputation-based trust or escrow services.
- officialjunk 13y agoI like this. Do you know how long one would have to wait for chargebacks to be no longer an option?
- JoshTriplett 13y agoAt a minimum, chargebacks can occur months later. The chances of a fraudulent chargeback would go down the longer you waited, though the changes of a legitimate "why don't I have my product yet" chargeback would likely go up.
- pkulak 13y agoHaha!
- 13y ago
- TomGullen 13y agoSeems too good to be true...
- m52go 13y agoThis looks awesome, as in, too good to be true. I don't get it...who's paying the difference? And why would you not charge for a service like this? You're providing a service people should find valuable. EDIT: I just checked the FAQs on the website and I'm still not convinced. Coupons? Promotions? What if I already maxed out on coupon codes? What if there are no more left?
- FriedPickles 13y agoWe also source from other vendors. So you may order via a Walmart checkout, but find that your item comes in a box from Target. This is the largest source of per-order savings.
- aarondf 13y agoI'd be so confused when that box showed up.
- m52go 13y agoThat's great, if it works. Will it scale? Not so sure. Anyway, not trying to kill your vibe. Prove the haters wrong. This is great if you can make it work. Charge money though. You deserve it.
- cookrn 13y agoCurious how Target/Walmart would feel about that. Do you have any initial feedback? Like sibling comment from aarondf, I would also be confused as a customer.
- PabloOsinaga 13y agoI guess when you get to a point where you have enough volume with specific retailers ( e.g., Amazon ) you can start negotiating a discounted price if you pay cash. So the savings could be sustainable at that point (potentially). I wonder how you get there though.
- moggflunkies 13y agoIs this Zinc.io that never finished?