[ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant - page 10.

FreeMoney

legendary

Activity: 1246

Merit: 1015

Strength in numbers

Quote from: TehZomB on June 03, 2012, 06:06:09 PM

Is BitInstant ever planning on supporting PNC Bank (or other smaller banks)? I know they're mainly an east-coast bank, but for me (And I'd hope some others), there is a PNC within 5 minutes of work, home, AND school.

Must be a walmart, CVS or 7-11 nearby too right?

TehZomB

sr. member

Activity: 294

Merit: 250

Is BitInstant ever planning on supporting PNC Bank (or other smaller banks)? I know they're mainly an east-coast bank, but for me (And I'd hope some others), there is a PNC within 5 minutes of work, home, AND school.

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: dscotese on June 03, 2012, 04:27:35 PM

Quote from: rjk on June 03, 2012, 02:38:04 PM

Because Bitinstant isn't (currently?) an exchange; they only facilitate you getting money into the existing exchanges.

In other words they aren't interested in converting USD to Bitcoin for customers. No wonder there's no indication of an exchange rate. I checked the coinapult option and they charge 1% for conversion, but don't indicate how coinapult determines the exchange rate.

Hey, we actually do tell you the exchange rate and how we determine it.

If you make a quote, on the second page it says:

Within 60 minutes of your payment, an equivalent amount of Bitcoin will be purchased at the current market price, automatically. These coins will then be sent to you via our partner, Coinapult.com. The email will come from Coinapult with instructions on how to send your coins wherever you'd like.

Please note, Coinapult will charge an extra 1% for the USD to BTC conversion.

The current best estimate for the amount of BTC you will receive from this transaction is ____ BTC

Thanks

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

Quote from: rjk on June 03, 2012, 02:38:04 PM

Because Bitinstant isn't (currently?) an exchange; they only facilitate you getting money into the existing exchanges.

In other words they aren't interested in converting USD to Bitcoin for customers. No wonder there's no indication of an exchange rate. I checked the coinapult option and they charge 1% for conversion, but don't indicate how coinapult determines the exchange rate.

rjk

sr. member

Activity: 448

Merit: 250

1ngldh

Quote from: dscotese on June 03, 2012, 02:25:24 PM

I looked through the FAQ for "bitcoin address" because it makes sense to me for one of the options under "PayTo?" at BitInstant to be "My Bitcoin address", but that option isn't there. Why is that?

Because Bitinstant isn't (currently?) an exchange; they only facilitate you getting money into the existing exchanges.

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

I looked through the FAQ for "bitcoin address" because it makes sense to me for one of the options under "PayTo?" at BitInstant to be "My Bitcoin address", but that option isn't there. Why is that?

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: Tuxavant on June 01, 2012, 04:29:32 PM

Quote from: Piper67 on June 01, 2012, 03:45:29 PM

Oh, and Charlie, if you could make it so that I could bring Bitcoins to Walmart and have them give me dollars, pounds, euros, reais or whatever, that would close the circle quite nicely!

But it might be asking a bit much, maybe Cheesy

Previous comments states this is coming within 4 weeks.

I hope within that time.

Will update soon. We have some new features before we do that.

Tuxavant

hero member

Activity: 784

Merit: 1000

Bitcoin Mayor of Las Vegas

Quote from: Piper67 on June 01, 2012, 03:45:29 PM

Oh, and Charlie, if you could make it so that I could bring Bitcoins to Walmart and have them give me dollars, pounds, euros, reais or whatever, that would close the circle quite nicely!

But it might be asking a bit much, maybe Cheesy

Previous comments states this is coming within 4 weeks.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: Piper67 on June 01, 2012, 03:45:29 PM

Oh, and Charlie, if you could make it so that I could bring Bitcoins to Walmart and have them give me dollars, pounds, euros, reais or whatever, that would close the circle quite nicely!

But it might be asking a bit much, maybe Cheesy

Yes this!! I would be willing to pay a fee for it...

Piper67

legendary

Activity: 1106

Merit: 1001

Oh, and Charlie, if you could make it so that I could bring Bitcoins to Walmart and have them give me dollars, pounds, euros, reais or whatever, that would close the circle quite nicely!

But it might be asking a bit much, maybe Cheesy

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: Gavin Andresen on June 01, 2012, 02:10:58 PM

I love you guys, and hope you're being wildly successful... but:

Plugging in "Deposit $200, get $192" for a cash deposit and then finding out I'll actually have to bring $204.95 or $201.58 because of an extra third-party processing fee feels like bait-and-switch to me. Don't you know in advance how much the payment processors will charge? Does it vary based on location or something?

Thanks Gavin.

We're still negotiating with our partners on the fee's. The past 3 days, the $3.95 fee actually wasn't there, and zipzap brought it back.

We will adjust the formula so it shows accurately.

Are you coming to Vienna next week?

-Charlie

Gavin Andresen

legendary

Activity: 1652

Merit: 2222

Chief Scientist

I love you guys, and hope you're being wildly successful... but:

Plugging in "Deposit $200, get $192" for a cash deposit and then finding out I'll actually have to bring $204.95 or $201.58 because of an extra third-party processing fee feels like bait-and-switch to me. Don't you know in advance how much the payment processors will charge? Does it vary based on location or something?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

@Yankee . You are going to get rich off this. Kiss

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: siulynot on June 01, 2012, 11:09:36 AM

I think that you should make the bitinstant website more mobile friendly. Maybe create a bitinstant app for android or something. I tried to make an order from my smartphone and could not fill the form to generate the payment. It would be perfect if i could make the order from my phone right at walmart and just use the numbers in the zipzap receipt to fill the moneygram slip and receive the funds instantly on my Mtgox mobile app.

1 day at a time my friend, 1 day at a time.

This is in development!

siulynot

legendary

Activity: 1274

Merit: 1000

I think that you should make the bitinstant website more mobile friendly. Maybe create a bitinstant app for android or something. I tried to make an order from my smartphone and could not fill the form to generate the payment. It would be perfect if i could make the order from my phone right at walmart and just use the numbers in the zipzap receipt to fill the moneygram slip and receive the funds instantly on my Mtgox mobile app.

Tuxavant

hero member

Activity: 784

Merit: 1000

Bitcoin Mayor of Las Vegas

Quote from: SkRRJyTC on May 31, 2012, 05:49:13 PM

Another thing I was annoyed by was the addition of the moneygram fee. It would be nice on the quote page to have an asterisk* saying that an additional Moneygram fee may apply if the deposit location you choose utilizes moneygram. Or something like that with better wording Wink

I dont know that that is exactly the case.. I had opted for "bitcoins-to-email" and used the red money gram phone at my local albertson's super market. I was not charged a convenience fee.. Both me and the cashier were suprised there was no convenience fee but everything went through super fast. Bitcoins arrived in my inbox within 2 minutes.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Quote from: Yankee (BitInstant) on May 31, 2012, 05:04:44 PM

Quote from: SkRRJyTC on May 31, 2012, 04:53:01 PM

Support phone number goes to a google voicemail box.

Edit: I hope its not costing anyone anything for me to be creating lots of "payment slips" I never intend on paying...

We were on the phone when you called. Email support is MUCH faster, only use phone is its an emergency please as we have limited lines.

Email support was VERY quick. And although I had much confusion in my experience, I had $$ sitting in my MtGox account before I got home from the store.

Another thing I was annoyed by was the addition of the moneygram fee. It would be nice on the quote page to have an asterisk* saying that an additional Moneygram fee may apply if the deposit location you choose utilizes moneygram. Or something like that with better wording Wink

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: SkRRJyTC on May 31, 2012, 04:53:01 PM

Support phone number goes to a google voicemail box.

Edit: I hope its not costing anyone anything for me to be creating lots of "payment slips" I never intend on paying...

We were on the phone when you called. Email support is MUCH faster, only use phone is its an emergency please as we have limited lines.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Support phone number goes to a google voicemail box.

Edit: I hope its not costing anyone anything for me to be creating lots of "payment slips" I never intend on paying...

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: SkRRJyTC on May 31, 2012, 04:16:00 PM

Thanks for the reply. This is my first time using your service.

I think it would be great to change the button from saying "send funds" to "get quote". That send funds button scares me.

So to confirm, I can only deposit at one of the "Payment Center" locations that show up on the zip zap page?

Edit: Also videos are better than PDF's. But PDF's showing screenshots of the whole process is better than nothing.

Pleasure! And thank you for the suggestions.

I agree with the text change, we will discuss it today and come up with the best text but I like 'Get Quote'

You can deposit at any of them! However, if you choose Moneygram is has to be a MG location. If you choose 7-11 it has to be a 7-11 location.
You can see ALL locations here: https://www.cashpayment.com/#paymentcenters

I agree, video's are a tad more expensive. We had a cool video maker at the office the other day, so we should knock out a deal hopefully within a few days.

Quote from: rjk on May 31, 2012, 04:21:17 PM

It's a shame that there isn't a way to make it completely integrated so no one ever leaves the Bitinstant site. That would be totally the best solution, but I'm assuming the only reason you haven't done that is because ZipZap won't let you.

Great minds think alike!

The reason we haven't done the complete white label integration is because it would have delayed the launch a few weeks for extra development.
We wanted Bitcoiners to utilize new locations as fast as possible. We're working on it as we speak.

Keep the suggestions coming!

Charlie

Topic: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant - page 10. (Read 58412 times)