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Topic: Ask Amazon for Bitcoin Payments - page 4. (Read 11928 times)

sr. member
Activity: 266
Merit: 250
July 14, 2014, 11:05:45 PM
I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

It just struck me that another very good use of this service (and perhaps a reason for orders being cancelled by Amazon when it doesn't work) is for people trying to drain money from stolen credit cards or hacked Amazon accounts.
Normally the problem with buying online with a stolen card is that you have to actually receive the goods, which means being tied to an address. Here you can send the goods to someone else's address, and get (reasonably) untraceable bitcoin in return.
Purse risk becoming (not necessarily through any fault of their own) a high tech online fence. And Amazon may get fed up of being drawn in to that.


Hadn't thought of that, but that's a fair point. I'll bring it up with Purse to see if there is a way to safeguard against that, perhaps by enabling Amazon to interact with the escrow process or something.
I really don't see any way around this issue as it can take a long time for credit cards to be reported stolen and disputes opened. The bitcoin sellers could potentially be criminally investigated if stolen credit cards are used to have items shipped to them.
Investigated yes, but I doubt if anything could come of it once the investigators saw and understood the escrow system in use. Unless a bidder openly made comments confessing to a theft in the messaging system for a bid, I don't see how we could possibly be held accountable. And if such a comment were made, I'd see what I could do to ferret them out and report them to appropriate law enforcement.
Judges and juries are the only ones who have the authority to make legal conclusions. If the jury thinks that the facts show that the buyer knew the items were purchased with stolen credit cards then it would find him guilty.
hero member
Activity: 700
Merit: 500
July 14, 2014, 09:37:15 PM
Amazon will be the last online retailer to accept bitcoin and only after many lobbying attempts to have it outlawed
How are you so sure? Time will say it. Bitcoins are real money in earnest, of course has its advantages and evil side like everything but it's calling the peoples attention. Amazon is just around the corner.

Whatever makes them money is what they will use
Bitcoin and amazon are not mortal foes perhaps ebay and paypal are though
legendary
Activity: 1708
Merit: 1036
July 14, 2014, 09:11:00 PM
I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

It just struck me that another very good use of this service (and perhaps a reason for orders being cancelled by Amazon when it doesn't work) is for people trying to drain money from stolen credit cards or hacked Amazon accounts.
Normally the problem with buying online with a stolen card is that you have to actually receive the goods, which means being tied to an address. Here you can send the goods to someone else's address, and get (reasonably) untraceable bitcoin in return.
Purse risk becoming (not necessarily through any fault of their own) a high tech online fence. And Amazon may get fed up of being drawn in to that.


Hadn't thought of that, but that's a fair point. I'll bring it up with Purse to see if there is a way to safeguard against that, perhaps by enabling Amazon to interact with the escrow process or something.
I really don't see any way around this issue as it can take a long time for credit cards to be reported stolen and disputes opened. The bitcoin sellers could potentially be criminally investigated if stolen credit cards are used to have items shipped to them.
Investigated yes, but I doubt if anything could come of it once the investigators saw and understood the escrow system in use. Unless a bidder openly made comments confessing to a theft in the messaging system for a bid, I don't see how we could possibly be held accountable. And if such a comment were made, I'd see what I could do to ferret them out and report them to appropriate law enforcement.
sr. member
Activity: 266
Merit: 250
July 14, 2014, 06:19:36 PM
I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

It just struck me that another very good use of this service (and perhaps a reason for orders being cancelled by Amazon when it doesn't work) is for people trying to drain money from stolen credit cards or hacked Amazon accounts.
Normally the problem with buying online with a stolen card is that you have to actually receive the goods, which means being tied to an address. Here you can send the goods to someone else's address, and get (reasonably) untraceable bitcoin in return.
Purse risk becoming (not necessarily through any fault of their own) a high tech online fence. And Amazon may get fed up of being drawn in to that.


Hadn't thought of that, but that's a fair point. I'll bring it up with Purse to see if there is a way to safeguard against that, perhaps by enabling Amazon to interact with the escrow process or something.
I really don't see any way around this issue as it can take a long time for credit cards to be reported stolen and disputes opened. The bitcoin sellers could potentially be criminally investigated if stolen credit cards are used to have items shipped to them.
legendary
Activity: 1708
Merit: 1036
July 14, 2014, 10:34:26 AM
I'll share another experience with Purse: One of my transactions was supposedly filled ~2 weeks ago for a $100 gift card; last week the bidder claimed it had been delivered to me on the transaction page. (Each transaction has a section in which brief messages can be passed back and forth between the BTC seller, the bidder, and Purse.)

I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

Just a minor update on Purse.io - after a couple days without any notification they canceled the contested order I outlined above, freeing up my escrowed funds. So that worked out well for me. My only quibble would be that their system lacks a good "transaction history" page that includes canceled transactions or the ability to view messages on completed orders. Once an order is complete the page for it vanishes and all you have is a record of the BTC transacted on such and such date. Not a big deal, presumably they will flesh out the system as they have time.

In other news I got another pair of orders accepted at 20% and 25% discounts. Smiley
member
Activity: 82
Merit: 10
July 14, 2014, 03:17:47 AM
Amazon will be the last online retailer to accept bitcoin and only after many lobbying attempts to have it outlawed
jr. member
Activity: 53
Merit: 12
July 14, 2014, 03:07:42 AM
They dont even take paypal.
legendary
Activity: 1708
Merit: 1036
July 09, 2014, 02:42:46 PM
I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

It just struck me that another very good use of this service (and perhaps a reason for orders being cancelled by Amazon when it doesn't work) is for people trying to drain money from stolen credit cards or hacked Amazon accounts.
Normally the problem with buying online with a stolen card is that you have to actually receive the goods, which means being tied to an address. Here you can send the goods to someone else's address, and get (reasonably) untraceable bitcoin in return.
Purse risk becoming (not necessarily through any fault of their own) a high tech online fence. And Amazon may get fed up of being drawn in to that.


Hadn't thought of that, but that's a fair point. I'll bring it up with Purse to see if there is a way to safeguard against that, perhaps by enabling Amazon to interact with the escrow process or something.
sr. member
Activity: 476
Merit: 250
July 09, 2014, 12:48:15 PM
I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.

It just struck me that another very good use of this service (and perhaps a reason for orders being cancelled by Amazon when it doesn't work) is for people trying to drain money from stolen credit cards or hacked Amazon accounts.
Normally the problem with buying online with a stolen card is that you have to actually receive the goods, which means being tied to an address. Here you can send the goods to someone else's address, and get (reasonably) untraceable bitcoin in return.
Purse risk becoming (not necessarily through any fault of their own) a high tech online fence. And Amazon may get fed up of being drawn in to that.
legendary
Activity: 1708
Merit: 1036
July 09, 2014, 11:48:56 AM
I'll share another experience with Purse: One of my transactions was supposedly filled ~2 weeks ago for a $100 gift card; last week the bidder claimed it had been delivered to me on the transaction page. (Each transaction has a section in which brief messages can be passed back and forth between the BTC seller, the bidder, and Purse.)

I hadn't gotten the delivery and asked for tracking info, etc., but did not get a response. This morning was the 1 week mark since the bidder claimed it was delivered, so I was planning to open a dispute with Purse to try to resolve it (since my funds are tied up in escrow indefinitely otherwise), but I found Purse had proactively created a dispute last night, reporting that Amazon had canceled the order. I'm still awaiting final resolution on this bid but I appreciate Purse being on the ball and hope to be able to get the transaction canceled out so I can relist again shortly. Having a bidder claim to have paid for an item and not getting it on my end is obviously a worst case scenario, but even in this case it appears to be getting handled well.
newbie
Activity: 2
Merit: 0
July 09, 2014, 12:32:39 AM
WOW,it's a great news if the BTC accpeted by Amazon. Kiss Kiss
sr. member
Activity: 406
Merit: 250
July 08, 2014, 11:29:30 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.

Yes, but what are the buyer/seller protection policies? What if a gift card turns out to be fraudulently obtained? What happens then?
With purse.io you don't get a gift card, you receive actual products and do not release escrow until you actually receive the items. Everything is tracked with Amazon as far as order numbers and tracking numbers.
legendary
Activity: 1708
Merit: 1036
July 08, 2014, 11:16:36 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.
I have been interested in this as well. I would like to see some feedback on both Gyft and Purse.io, if you guys have any.

I haven't used Gyft but have heard nothing bad about them. If I hadn't found Purse I'd be using them myself by now. I wonder how long Purse will be able to command substantial discounts, but so far so good with it.
legendary
Activity: 1708
Merit: 1036
July 08, 2014, 11:14:52 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.

Yes, but what are the buyer/seller protection policies? What if a gift card turns out to be fraudulently obtained? What happens then?

Not sure what you mean by "fraudulently obtained." In my case I'm ordering Amazon gift cards via my wishlist; the bidder who accepts my bid pays for them by credit card, but the gift card is shipped direct from Amazon to my home address. So I'm getting my items direct from Amazon (or vendors under the Amazon umbrella in the case of my tracfone orders). The Purse FAQ covers what to do if items are damaged, etc. when received, as do Amazon's return policies (you can return items for Amazon gift cards, worst case, so that the payment is not refunded to the bidder on your order.)
legendary
Activity: 1708
Merit: 1036
July 08, 2014, 11:11:59 PM
How reputable is purse.io? I love the looks of those discounts, but something tells me it might be too good to be true. I've been buying through Gyft at spot.

That's kind of what I thought so I started small, and have been ramping up as things have gone well. I learned about Purse from an article on Coindesk, FWIW. The owners seem young but earnest; as I mentioned they gave me a token amount ($1) as a goodwill gesture when I asked about an order being accepted and then being canceled (by Amazon, no fault of Purse itself).

I don't know why people would pay 15-25% premiums for bitcoin, but I guess if they don't have bank accounts or other means to transfer fiat to BTC, this is an easy way for them to do it.
legendary
Activity: 1708
Merit: 1036
July 08, 2014, 11:09:11 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?

Purse acts as an escrow in essence. If you are selling your BTC,  your BTC goes into escrow once a buyer accepts your bid and orders your wishlist. But it is not released to them until you click the Delivery Confirmation button. There is also a Dispute button for bringing up issues if something goes wrong, to bring Purse management in to a contested order. I've not used it yet (just normal contact channels).
legendary
Activity: 1708
Merit: 1036
July 08, 2014, 11:03:49 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.

You can check out Purse at my referral link (https://purse.io/?_r=XClu2O) - I really do endorse it. What happens is you create a wishlist at Amazon and then post it on Purse, with the percentage discount (up to 33%) that you want (yeah, it's nuts, but it works). I've gotten 3 items now with a 25% discount, but 15% is more normal. You can ask for whatever you want up to 33% off though. My bids have been accepted within a day or two, up to a week worst case. Your funds go into an escrow account once a bidder purchases your order and has it shipped to you. Once it arrives you confirm delivery and the funds are released.

The Purse operators even paid me $1 (in BTC) once when a deal fell through (due to Amazon's anti-fraud detectors going off on the bidder for some reason) and I asked about it, simply as a goodwill gesture.

Sounds like a neat idea, but also one which could end up with you getting a heavy knock on the door, when the police trace laundered drug money to people buying you gifts on Amazon and come to ask you what you know about it!

About to post the same message.

MoneyPak and Amazon Gift card are heavily used to laundry money. People buying them regularly will eventually have their door knocked by authority.


I haven't had any problems of that sort, and could straightforwardly answer any questions that came up. Because basically there would be very little I could tell the authorities about the person who bought my BTC, and there would be nothing done wrong on my part.
sr. member
Activity: 389
Merit: 250
July 08, 2014, 06:27:14 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.
I have been interested in this as well. I would like to see some feedback on both Gyft and Purse.io, if you guys have any.
legendary
Activity: 1036
Merit: 1000
Thug for life!
July 08, 2014, 06:26:04 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.

Yes, but what are the buyer/seller protection policies? What if a gift card turns out to be fraudulently obtained? What happens then?
sr. member
Activity: 406
Merit: 250
July 08, 2014, 06:24:50 PM
Not sure if this has been mentioned, but I've been buying Amazon gift cards and other items at Amazon (tracfone and airtime, etc.) with bitcoin at a 15-25% discount (!) thanks to Purse.io - well, around 13-23% discount once I replenish my BTC with fiat, but it's still a great deal.


i spend quite a bit on amazon with bitcoins, so this interests me. but ive always bee skeptical of discount marketplaces like this. are there buyer protections for those selling bitcoin/buying amazon purchases?
I have the same concerns. I've been using Gyft for my Amazon purchases, but I may switch to something like this if it looks promising.
Purse is similar to paypal in that it is p2p buying. You buy something via purse.io for bitcoin, the seller pays for the product in fiat and receives bitcoin.
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