Topic: [ANN] Selling online never been easier thanks to Mt.Gox's new “Pay Now” button! - page 2. (Read 3970 times)

That's nice you are listed on a website... can I give you my e-mail and you send me the PDF report?  When you get a SAS 70 / SSAE 16, you get a lengthy 30-80 page report you can give to your clients to help them know what they need to know about your operation.  That's what I want to see!!!!!

I want to read an auditor's report attesting to their independent belief that you guys have the balances to back the funds you have on deposit, and that you have a reasonable set of controls in place to ensure business continuity and that they are substantially being followed.  I want to read an auditor's report attesting to the fact that you guys have an appropriate handle and procedures on what to do with funds that are unclaimed or that you are holding on others behalf pending them meeting your AML requirements.

We spoke at lunch in January, we've already gone through another whole audit ourselves in the meantime, getting an audit is as simple as picking up the phone, saying you want a SSAE 16 getting the list of what they'll want to see so you can prepare, and then inviting them out to Japan!

When I see reports in the forums about people having their money kept by Gox with no recourse and a refusal to refund amounts as small as $100 back to their origin, and ever-escalating withdrawal delays... I am not impressed... Go look at my account "casascius" #991 - look at my balance - $0 USD, 0 BTC... I am quite frankly too scared to put any money there, I assume it could implode on a moment's notice just like Bitcoinica... and you and I both know that historically I have kept a balance in Gox that vastly exceeds the fee an American CPA would charge to fly to Japan and produce this report I've been asking for.

Would you like me to be your biggest fan or your critic?  Please man up and get your SSAE 16.  Call today.

Your recent experiences (along with hearing about arbitrary account holds from several other customers) have ensured I will never depend on Mt.Gox for any serious business endeavors. I think they will be forced to stop this nonsense if enough people take their business elsewhere...at least I hope they have the foresight to see this. I sincerely hope you're wrong about solvency problems. I think that would have a devastating effect on all of us, regardless of where we trade.

Please... Mt.Gox Support.  Stop with the lying.  You are unable to process large dollar transactions and many of us suspect it's because of insolvency and/or a setup to allow you to pass the blame off onto other entities when your system continues to fall apart.  This "announcement" smacks of BS.  You can't even handle minor fiat transactions NOW, why would anyone want to trust you with their business, possibly with large(r) volumes of fiat transactions?

Anyone signing up for your service is just asking to be run out of business when you can't/won't pay them the money you owe them.  Anyone considering this needs to be wary.  MTGox can't pay their bills now, what makes you think you'd be anywhere high on the priority list of getting paid when it all comes tumbling down?  The answer is, you won't.  Any funds you were due from them will magically go poof and/or be blamed on a third party entity.

For that we will require more information on the product. This button is a simple "Checkout" or "Payment" button. If you want something more "powerful" please use our Magento Plugin (https://bitcointalksearch.org/topic/ann-unleash-your-magento-based-e-commerce-website-potential-thanks-to-bitcoin-85520).

I believe that we have been pretty straight forward on this and we admitted, even here, that a few number of our customers are suffering from slow withdrawal when it comes to USD. SEPA (EUR) and GBP are however unaffected (as for today). We are working on a solution to solve this matter once and for all and restore previous transfer speed.
This said in your case GBP, you will not be affected.


GBP whtidrawal are made twice a week


I am not sure to understand your question.


Yes we do have them, I am not sure why they have not yet been uploaded, I will have to check this and make sure we are pushing them.


If your account is AML Verified or Truster you will not be affected by this.


I completely understand your point, and while I only have my words here, we are doing everything can to make sure that you will get a great experience using our payment services.

Hi Mike

You know that we are taking this seriously, remember our conversation during this fantastic dinner we had at CES? I am not sure if SAS 70 or SSAE 16 are relevant for us since we are not in the US and or a US Company, I will pass this to the person who's in-charge of that matter here to check it (He may probably already know about it). In the meantime, we are moving forward and Tibanne has already been audited here in Japan by TEIKOKU DATABANK http://www.tdb.co.jp/english/ and you can see Tibanne as a listed company that went through their audit http://cl.ly/3E0q0y2Q0R1r2N0Y1D3u.
Also, AYOAMA & PARTNERS our account, is also acting as a Financial Auditing company in our case and make sure that we are doing things right according to Japanese Law.

Like I said to you before, things are moving, maybe not as fast as we (you and I) would like to, but we are moving forward!

posted by Mt.Gox Support:

Best.  Feature.  Ever.   Displaying "fiat reference value" of transfers made a huge difference to digital gold currencies.  Hopefully this marks another milestone in BTC's uptake.


Frank

Mark my words. It is only a matter of time.

have you seen paypal's fees?!

I think this is awesome

Mt.Gox - The PayPal of Bitcoin

make of that what you will...

+1

MtGox where is your SAS 70 / SSAE 16?  Until MtGox takes this seriously, I am afraid I am having a hard time taking MtGox seriously.

looks good, what about a donation button as well?

holymoly, this is the bees knees.


only nitpick:

may we please have the option to use the BID or VWAP or LOW or w/e at will?
I'd love to use the VWAP for example as I trade large amounts of BTC and the VWAP is generally a better indicator of the price and also takes the possibility to manipulate the spread when placing an order.

Nice work!

This is a good thing that mtgox has launched such a service, prices are competitive too and likely will cause competitors to reconsider their pricing. Competition is a good thing.

As a merchant who would like to use such services I have some things to worry about with this mtgox's solution. Here are rumours and reports of mtgox being rather very slow parting with fiat money lately (i.e. fiat withdrawals are taking way too long).

Could please mtgox comment on how quickly and how reliably merchants can withdraw fiat from mtgox. Please describe a typical scenario and costs involved for a merchant that would like to convert 100% of sales into say GBP and sweep it to their bank account on daily or weekly basis.

How long would it take?
Which risks merchants run here?
Are there terms and conditions for merchants?
If someone pays with "tainted" coins to merchant, will merchant run risk of mtgox doing it's usual PI trick and freezing/confiscating merchants money?

I do want to use mtgox's shopping cart solutions since the claimed top line pricing is attractive. However, I am worried about the mentioned above potential costs and risks enough to not jumping into it just yet.

Can you show that the price is X percent cheaper when you use Bitcoins?

The USD here is just for "Information Only". We made the dual pricing system in order to ease the transition from USD/EUR/YEN to BTC. A bit like what happened in Europe with the Euro when stores offered dual pricing in order to help people to get used to EUR.

Sounds great. So I can set up a product to be priced in USD, will the customer purchase the item in USD? If so how? Is there credit card processing or a bank transfer page?

As for today there is now way for your to get an history of the created Buttons. This feature will be added soon.

Is it possible to see/edit buttons after you've created them?