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Topic: 2012-11-15 theverge.com - WordPress starts taking payment in Bitcoin (Read 1188 times)

legendary
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legendary
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you have any idea how many bloggers use WordPress?  lots.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
Just a short report - but theverge is a pretty well known news site.

Quote
WordPress starts taking payment in Bitcoin

Jeff Blagdon
2012-11-15

http://www.theverge.com/2012/11/15/3651684/wordpress-payment-bitcoin-bitpay


WordPress, the popular blogging platform / content management system is expanding its payment options for upgrades like going ad-free. Beginning today, users around the world will be able to pay with Bitcoin — the unregulated, decentralized digital currency built on cryptography. Explaining its decision, the company noted that PayPal currently blocks access from over 60 countries, and that many credit card companies have similar restrictions, whether because of politics, fraud, or other reasons.

WordPress says that its Bitcoin payments will be handled by BitPay.com and that there is no need to wait for confirmation since the transaction risk is “already acceptably low.” And while Bitcoin famously doesn’t permit refunds (because of the possibility for fraud), WordPress says it will still honor its refund policy, working with BitPay to get unhappy customers their money back.

WordPress release
http://en.blog.wordpress.com/2012/11/15/pay-another-way-bitcoin/

On Reddit
http://www.reddit.com/r/Bitcoin/comments/139ivm/wordpresscom_accepts_bitcoins/
legendary
Activity: 1092
Merit: 1001
Just a short report - but theverge is a pretty well known news site.

Quote
WordPress starts taking payment in Bitcoin

Jeff Blagdon
2012-11-15

http://www.theverge.com/2012/11/15/3651684/wordpress-payment-bitcoin-bitpay


WordPress, the popular blogging platform / content management system is expanding its payment options for upgrades like going ad-free. Beginning today, users around the world will be able to pay with Bitcoin — the unregulated, decentralized digital currency built on cryptography. Explaining its decision, the company noted that PayPal currently blocks access from over 60 countries, and that many credit card companies have similar restrictions, whether because of politics, fraud, or other reasons.

WordPress says that its Bitcoin payments will be handled by BitPay.com and that there is no need to wait for confirmation since the transaction risk is “already acceptably low.” And while Bitcoin famously doesn’t permit refunds (because of the possibility for fraud), WordPress says it will still honor its refund policy, working with BitPay to get unhappy customers their money back.
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