We have to accept the fact that they don't really have the choice. They abide by the laws, otherwise, they wouldn't be able to run their business.
It's like the exchange platforms, why not boycott them?
If they had the choice, they probably wouldn't force people with the KYC/AML bullshit. It represents time, money, and resources saved.
Exactly, the sooner people realize that if the business is not doing it themselves and dealing with a 3rd party, be in BitPay, Coinbase Commerce, they have to play by the same rules as anyone else who moves money for someone else.
AS for the news, it allows Wix's users to have an option to pay with cryptocurrency on their e-commerce website. The thing is, almost nobody uses Wix nowadays. Ok, I exaggerate a bit but It's a long time since I've to see e-commerce powered by Wix
They did over $1 Billion in revenue last year so they are not small.
For all the other crap they do, BitPay is at least out there getting crypto into places for people to use it.
And in the process, turning bitcoin more and more in to fiat, inserting themselves as an unnecessary third party in to your transactions, invading your privacy, collecting all your information, tracking your bitcoin's history, and declining your payment or purchase if they want to. I'd rather not be able to spend bitcoin somewhere than spend it under these terms, and indeed, I have told more than a few companies that they have lost my business by using BitPay.
After you told them they would not get your business, did you offer the help them take
BTC as payment and then help get it converted to fiat so they could pay their rent & employees & other vendors? Although we are getting close to the point where a PERSON can live on
BTC / crypto for a business with employees and other bills it's much more difficult. People can also, in general, accept the fact that by using crypto we are paying more for things and loosing the benefits of cash / credit cards. Many businesses would not want to or have the ability to.
I build setups for people to take
BTC for their websites all the time. Some people like to do it that way. Others just want another form of getting paid.
Wix merchants can start accepting crypto payments today by just clicking BitPay in their dashboard settings and then creating an account with BitPay. No integration is required and the BitPay processing fee is only 1%.
Too bad there's no information whether customer also interact with bitpay directly.
They do not, it's just another option on the accept payment screen from what I saw. You have to fill out some information but I don't know if it goes user -> Wix -> BitPay or just user -> Wix or user -> BitPay
edit: I don't have a wix account that accepts payments but one of my clients does where I saw the demo and then found the link that I posted, I am not going to mess around with their payment back end to find out more.
Surely you meant they used to boost Bitcoin usage, but now annoy Bitcoin user (at least for user who have experience with better service or old bitpay).
No, they always sucked. Now they just suck more publicly.
-Dave