Topic: [ANN] Bit-Pay expands Direct Deposit to CANADA and MEXICO, lower fees for USA - page 2. (Read 5531 times)
March 19, 2012, 09:59:47 AM
Are those fees even competitive to paypal and credit cards??
March 19, 2012, 09:35:24 AM
As an European user, I'm eagerly waiting you can provide these services in EU.
However, another type of service could be very useful for some: I have a bill, which I can pay with bank transfers. I have some bitcoins, that I want to spend. Would it be possible to set up a service, very similar to bitpay, where I could pay this bill using bitcoins? The fee could be paid by the buyer.
However, another type of service could be very useful for some: I have a bill, which I can pay with bank transfers. I have some bitcoins, that I want to spend. Would it be possible to set up a service, very similar to bitpay, where I could pay this bill using bitcoins? The fee could be paid by the buyer.
March 19, 2012, 09:30:45 AM
One day, when the history of Bitcoin is written, Bit-Pay will deserve its very own chapter.
March 19, 2012, 09:02:39 AM
Splitting the funds is an excellent feature. Get your cost in USD, and your profit in BTC if you want to. Also, lower USD fees for the win.
March 19, 2012, 08:58:22 AM
ORLANDO - Bit-Pay can now support bitcoin-accepting merchants in the United States, Canada, and Mexico with direct deposits into their local bank accounts.
Merchants can accept bitcoins with any of our versatile, easy-to-use payment tools. Merchants can choose to keep the bitcoins, or have them converted to US Dollars, Canadian Dollars or Mexican Pesos. The funds are transferred directly to bank accounts in USA, Canada and Mexico, every business day.
Bit-Pay will collect a processing fee from each payment. It is important to note that our payout is guaranteed in the merchants local currency. So if they set an order price in Pesos, they receive that exact amount of pesos, minus our fee. It does not matter how many bitcoins we collect, how long it takes us to sell them, or what we can sell them for. The merchant has zero volatility risk of accepting bitcoins with Bit-Pay.
The processing fees are as follows:
Canada: 3.99 % all inclusive for order processing, currency conversion, and funds transfer
Mexico: 3.99 % all inclusive for order processing, currency conversion, and funds transfer
No Hidden Fees! One low fee is all you pay for everything.
We have also reduced our fees for customers in the United States, starting March 18, 2012:
United States: 2.69 % all inclusive for order processing, currency conversion, and funds transfer
And for all countries worldwide, all of our automated tools only cost 0.99% for bitcoin payouts.
But we are not done yet! By popular demand, merchants can now split their proceeds into two currencies. For example, a merchant can elect to receive 20% bitcoins and 80% Canadian Dollars. The processing fees are only applied to the prorated amount that is to be converted.
Login to your account and select the "Direct Deposit" icon to see the new payout choices!
https://bit-pay.com
Merchants can accept bitcoins with any of our versatile, easy-to-use payment tools. Merchants can choose to keep the bitcoins, or have them converted to US Dollars, Canadian Dollars or Mexican Pesos. The funds are transferred directly to bank accounts in USA, Canada and Mexico, every business day.
Bit-Pay will collect a processing fee from each payment. It is important to note that our payout is guaranteed in the merchants local currency. So if they set an order price in Pesos, they receive that exact amount of pesos, minus our fee. It does not matter how many bitcoins we collect, how long it takes us to sell them, or what we can sell them for. The merchant has zero volatility risk of accepting bitcoins with Bit-Pay.
The processing fees are as follows:
Canada: 3.99 % all inclusive for order processing, currency conversion, and funds transfer
Mexico: 3.99 % all inclusive for order processing, currency conversion, and funds transfer
No Hidden Fees! One low fee is all you pay for everything.
We have also reduced our fees for customers in the United States, starting March 18, 2012:
United States: 2.69 % all inclusive for order processing, currency conversion, and funds transfer
And for all countries worldwide, all of our automated tools only cost 0.99% for bitcoin payouts.
But we are not done yet! By popular demand, merchants can now split their proceeds into two currencies. For example, a merchant can elect to receive 20% bitcoins and 80% Canadian Dollars. The processing fees are only applied to the prorated amount that is to be converted.
Login to your account and select the "Direct Deposit" icon to see the new payout choices!
https://bit-pay.com
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