Amazon does not accepted bitcoin directly so far but indirectly with the help of purse.io there are accepting the bitcoin from the past 2 year in my knowledge. We need to know the way to use the bitcoin that's it.
One more thing few months before this amazon team announces that they gonna add bitcoin payment gateway api soon but they did not tried it. Lets hope they accept soon.
Topic: Amazon and Bitcoin - page 2. (Read 619 times)
I doubt if Amazon would dip their payment feet into Bitcoin soon, because of two reasons. 1. They have a strong partnership with PayPal and Credit card companies and they will not jeopardize that relationship. 2. Bitcoin are not acknowledged as a "currency", but rather as a commodity, so the legal issues and accounting problems will be significant, if they experiment with payment options that are not defined as a currency.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
Number 2 is the main reason the won't allow it in the United States.
They might allow it outside the US, but the country concerned would have to demonstrate an existing willingness to use crypto before amazon dipped their toe in.
Amazon doesn't even accept payal, doubt they will accept bitcoin anytime soon.
that's probably because amazon owns a competitor to paypal---amazon payments. i'm guessing amazon not accepting bitcoin has more to do with lack of market liquidity (for settling to fiat) and volatility. if it weren't for those issues, accepting bitcoin is a merchant or ecommerce platform's dream. no fraud issues, no chargebacks.
regardless, it's always nice to see new options for using lightning payments.
There are many articles recently and also video that says that amazon are now accepting btc through lightning network. This is a very good start to dominate a huge market of online selling. You can guys now shop products if you btc through lightning network so cheers to us guys because we are very close to mass adaption.
I doubt it will be happening anytime soon. For now, you could use Bitrefill to buy gift cards for Amazon and redeem them, or simply use Purse.io and get up to 20% off.
Yeah but it just is not the same as Amazon directly taking bitcoin. If they did it would be about much more than buying items from Amazon with cryptocurrency. It would be another huge step forward for bitcoin.There was talk about this at least two years ago but there has been no progress and no further discussion about it. Amazon sells a wide variety of crypto related things if you browse their site, so they are not anti crypto at all. Perhaps they don't want to deal with a payment processor other than the large credit card companies and banks. They're all in bed together as far as I'm concerned.
Amazon doesn't sell anything related to cryptos, merchants do.
Bitcoin isn't yet enough used to attract Amazon to think "oh it could be great to add it". Remember, Amazon has no benefit to add Bitcoin, it's working well as it is. Also, Amazon/Bitcoin is like Amazon/Paypal, it's like cat and dog, old story, that's why Amazon always refused to add Paypal. Especially since Amazon has a competitor product to Paypal, Amazon Pay.
True. There are too many people who do not have visa credit cards and not even PayPal and I bet they also want to buy something in big online shops like Amazon but they don’t have the choice, but its impossible that some of them do not have bitcoins and other cryptocurrency. This thing if it happens will just add another freedom to bitcoin users from being tied to banks and other institutions.
They can use bank transfer, amazon vouchers. I can buy vouchers at the supermarket or where I go to buy cigarettes.
True. There are too many people who do not have visa credit cards and not even PayPal and I bet they also want to buy something in big online shops like Amazon but they don’t have the choice, but its impossible that some of them do not have bitcoins and other cryptocurrency. This thing if it happens will just add another freedom to bitcoin users from being tied to banks and other institutions.
I doubt it will be happening anytime soon. For now, you could use Bitrefill to buy gift cards for Amazon and redeem them, or simply use Purse.io and get up to 20% off.
Yeah but it just is not the same as Amazon directly taking bitcoin. If they did it would be about much more than buying items from Amazon with cryptocurrency. It would be another huge step forward for bitcoin.There was talk about this at least two years ago but there has been no progress and no further discussion about it. Amazon sells a wide variety of crypto related things if you browse their site, so they are not anti crypto at all. Perhaps they don't want to deal with a payment processor other than the large credit card companies and banks. They're all in bed together as far as I'm concerned.
do we really need it? it would be a good sign for mass adoption but in my opinion its not really a need. rakuten is going to be accept bitcoin as far as i have noticed lately. as long as some other mid / big shops accept bitcoin we are on a good way. 
Well, Amazon is no small market bud, its not enough that only big and leading shops accept bitcoin as payment, as much as possible we want all of them to include bitcoin in their accepted currencies because we want mass adoption for bitcoin. Amazon probably is afraid of possible conflict between them, visa companies and PayPal if incase they include cryptocurrency as a mean of payment. I doubt if Amazon would dip their payment feet into Bitcoin soon, because of two reasons. 1. They have a strong partnership with PayPal and Credit card companies and they will not jeopardize that relationship. 2. Bitcoin are not acknowledged as a "currency", but rather as a commodity, so the legal issues and accounting problems will be significant, if they experiment with payment options that are not defined as a currency.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
I don’t think it will affect their relationship with paypal and visa cards if they include cryptocurrencies in their payment means though you are right when you said that there could be an accounting problem in their part with this matter. There is a lot of crypto-users who do not have visa credit cards and though they want to purchase from Amazon they don’t have the means and they don’t find it easy using PayPal too so if they include cryptocurrency that will be great not just for crypto-users but also for an increase adoption and usage of cryptocurrency. We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
Amazon doesn't even accept Paypal on its websites. If people don't find Paypal easy to use then really, they shouldn't buy on the internet at all. Even a 10 years old kid can use Paypal after 5 minutes using it.
There is no accounting problem for a company, just 2-3 more columns to add in their accounting database. From all companies accepting BTC I have never seen one removing it because it's too difficult with accounting.
I doubt if Amazon would dip their payment feet into Bitcoin soon, because of two reasons. 1. They have a strong partnership with PayPal and Credit card companies and they will not jeopardize that relationship. 2. Bitcoin are not acknowledged as a "currency", but rather as a commodity, so the legal issues and accounting problems will be significant, if they experiment with payment options that are not defined as a currency.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
I don’t think it will affect their relationship with paypal and visa cards if they include cryptocurrencies in their payment means though you are right when you said that there could be an accounting problem in their part with this matter. There is a lot of crypto-users who do not have visa credit cards and though they want to purchase from Amazon they don’t have the means and they don’t find it easy using PayPal too so if they include cryptocurrency that will be great not just for crypto-users but also for an increase adoption and usage of cryptocurrency. We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
I doubt if Amazon would dip their payment feet into Bitcoin soon, because of two reasons. 1. They have a strong partnership with PayPal and Credit card companies and they will not jeopardize that relationship. 2. Bitcoin are not acknowledged as a "currency", but rather as a commodity, so the legal issues and accounting problems will be significant, if they experiment with payment options that are not defined as a currency.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
We might see more merchants accepting Bitcoin as a payment option, as soon as regulators sort out the regulation regarding Crypto currencies and the definition of currencies.
I agree on the number 1 thing you had mentioned.They wont tend to risk out their current reputation yet it would mainly affect their relationship with those
traditional payment options like Paypal and Credit Card companies and theres no brainer that they would still stick to it no matter what.They might
consider crypto as an option but it wont still be possible as of today.
For Amazon.com you can buy inside the Copay wallet.
Not anymore, but it's still available in the Bitpay wallet. No premium, of course. It seems insane to pay an 8% premium for the privilege -- Bitrefill is crazy with their premiums. It used to be that we'd get a discount through Gyft or eGifter for using Bitcoin.
1. Amazon never accepted bitcoin if I remember correctly.
2. If they knew accepting bitcoin would significantly benefit their business, they really would've probably done it a long time ago. It's either the potential customer increase is minuscule, or they aren't willing to go through the hassle with it, or both.
Really though, I don't think we should expect them to accept BTC any time soon.
2. If they knew accepting bitcoin would significantly benefit their business, they really would've probably done it a long time ago. It's either the potential customer increase is minuscule, or they aren't willing to go through the hassle with it, or both.
Really though, I don't think we should expect them to accept BTC any time soon.
Purse.io but I've never been inclined to try them myself.
Yeah, but you'll have to essentially dox yourself (shipping info) to an unknown individual, and hope that the user paying for your stuff isn't carding/chargebacking/doing other shady stuff, right?I'm not too keen on opening myself up to that, no matter how big the % off.
No, you can make the shipping address on your wish list private, people don't see your personal address, (not even your name if I'm correct), it's a feature in your Amazon account, I always did it while using Purse.io.
Too bad Purse.io doesn't have an offer from my country, anybody recommends a good place to sell Amazon.fr GC? (other than in this forum)
Correct me if I'm wrong but they did accept bitcoin a while back? I never used it but heard they did.
no, never
We really need Amazon to start accepting Bitcoin as payment again.
Has anyone heard anything in this space?
again? they never have accepted payment in bitcoin or any crypto, it would be cool though if they start now, eventually they will or maybe a decentralized amazon will emerge. Has anyone heard anything in this space?
Correct me if I'm wrong but they did accept bitcoin a while back? I never used it but heard they did.
I never heard that Amazon did accept bitcoin already because I never use Amazon to buy any product, or maybe I am missing something before.Maybe they will not use bitcoin in the near of this year or the next year, but we don't know what will they do if many online stores are using bitcoin as the alternative payment method.
The Amazon will make it easy to add bitcoin for a new option to their user because I am sure they still think about what will the benefit to them if they use bitcoin as the payment option.
Correct me if I'm wrong but they did accept bitcoin a while back? I never used it but heard they did.
Amazon doesn't even accept payal, doubt they will accept bitcoin anytime soon. I suspect its easy to buy Amazon giftcards for 20% off value because of people doing return scams to get free Amazon credit. Happens all the time but they just bite the bullet since its a small percentage of total customers.
Just curious, where do you buy giftcards for 15-30% off?
Sites like bitrefill (which i consider to be the really the only legit supplier for amazon GC), charges an 8% premium...?
https://www.bitrefill.com/buy/amazon_de-germany/?hl=en
I doubt Amazon natively accepting bitcoin would incur fees that high.
https://purse.io/shop is the website that gets you 15% discount on Amazon website. If you buy from local sellers, you can easily get even more discount.
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Why not? Funds can instantly be liquidated.
Especially with a market as big as amazon, i'm sure there are tons of exchanges who are willing to offer specific services to instantly liquidate funds at spot price etc.
Especially with a market as big as amazon, i'm sure there are tons of exchanges who are willing to offer specific services to instantly liquidate funds at spot price etc.
It's not easy as you think. Converting to fiat from Amazon's end involves sending fee, conversion fee, withdrawal fee etc. Amazon will all impose it on the buyer and we already know how they treat their sellers by making them pay high fee for everything. You can easily end up paying min 10% more than now.
Yeah, but you'll have to essentially dox yourself (shipping info), and hope that the user paying for your stuff isn't carding/chargebacking/doing other shady stuff, right?
Not sure about the shipping. There's a guaranteed 5% rate bought through Purse directly. The individual discounters do it through the wishlist so they don't see your address.
Carding is the most obvious turn off and I'm sure there is a mountain of it going on. They don't release the BTC until the item is received so there's some protection, but the buyer might be caught out later on.
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