Bitcoin payment method or Credit card which is more secure for a website ? - page 2.

amaral1977

sr. member

Activity: 686

Merit: 250

Quote from: marukochanx3 on September 21, 2017, 06:04:35 PM

Since the development of technology evolved quickly. Cry

Online shopping site is more pratical than we went to the store.
There are various payment media like Bitcoin [Not all site/store using bitcoin payment method] , Credit Card , Wire Bank Transfer and other payment method. Cool

I would like to ask do you think about a more secure payment , more secure Bitcoin payment or Credit Card payment method ? Roll Eyes

For now BTC is purely based on trust because it is not reversible. When you send it it´s done. Credit card , paypal or other methods being reversible will enable you to add some protection for your transaction even if you don´t know whom you are buying from...

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

I prefer to use bitcoin. I think bitcoin has a much better security level. we only have to send a certain amount of fee to the specified wallet address. while credit cards in my opinion quite vulnerable because it can be accessed anywhere without any security. while bitcoin has private key, f2A and also introduction of IP address when we access bitcoin wallet that we have.

Mr.Hans

newbie

Activity: 5

Merit: 0

Hello everyone, i am a trader looking to buy large amounts of BTC / ETH / LTC
Anyone who wants to sell at the market price please contact me: [email protected]
We also trade Bitmain Antminer.

Thank's
Robert

nelmari

sr. member

Activity: 504

Merit: 250

Now that some online website do accepts bitcoin as payment, I really think it is much more secure if you use Bitcoin payment method than using your credit card. The risk is less when you are using bitcoin.

Mr.Hans

newbie

Activity: 5

Merit: 0

Hello everyone, i am a trader looking to buy large amounts of BTC / ETH / LTC
Anyone who wants to sell at the market price please contact me: [email protected]
We also trade Bitmain Antminer.

Thank's
Robert

MrCrank

sr. member

Activity: 1330

Merit: 258

Bitcoin is more secure for payment,
No need fill own data like card pin, mm/yy.
Payment with BTC is very anonymous.
Only need wait confirmation of payment it can take long time..

Catmony

hero member

Activity: 854

Merit: 500

What you will get with bitcoin as merchant?
- No setup fee and no service fee.
- You don't need to buy anything, your phone will be your machine to accept bitcoin.
- You can wait for 1 confirmation rather than months of verification from banks with card payments.
- You can anonymously use accepted bitcoins anywhere you like or you can also save huge taxes.

Now you can decide yourself. Wink

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: marukochanx3 on September 21, 2017, 06:04:35 PM

Since the development of technology evolved quickly. Cry

Online shopping site is more pratical than we went to the store.
There are various payment media like Bitcoin [Not all site/store using bitcoin payment method] , Credit Card , Wire Bank Transfer and other payment method. Cool

I would like to ask do you think about a more secure payment , more secure Bitcoin payment or Credit Card payment method ? Roll Eyes

Bitcoin was about the privacy to protect the user's data, And i was seeing a lot of the people has tried to steal the credit card. If you have even heard about the carder.
If we can handle our bitcoin in the right way and that will be hundred percent safe rather than use the creditcard. In conclusion the bitcoin was more secure than use the creditcard.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Quote from: marukochanx3 on September 21, 2017, 06:04:35 PM

Since the development of technology evolved quickly. Cry

Online shopping site is more pratical than we went to the store.
There are various payment media like Bitcoin [Not all site/store using bitcoin payment method] , Credit Card , Wire Bank Transfer and other payment method. Cool

I would like to ask do you think about a more secure payment , more secure Bitcoin payment or Credit Card payment method ? Roll Eyes

I guess it depends on what you are searching for, and what your definition of security is. For me, and from a merely "usable" criteria, I consider BTC to be much more safer. There is no credit card number to be stolen etc, so if you own your private keys, only you can have access and make transactions from your bitcoin wallet. So I guess from that point of view, BTC is more secure (I wont even talk about privacy here, that is of course important when it comes to security).
For me, the only problems with the use of BTC, are the sites that offer the service itself. You are in a higher risk of being scammed, specially because the transactions are irreversible, so once you spent your coins, it will be almost impossible to get them back if the merchant is not honest. When using Paypal, or neteller, or even Visa, if things go wrong, there is a good chance that you can get your money back (I already got "saved" a few times using Paypal, and when things went wrong I got my money back).

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

Bitcoin payments are more secure than reversible credit card transactions, lately carding have been bigger problem for merchants who accept usual debit/credit card for payment. Also credit card transactions can be reversed upto 180 days so if you are accepting credit card payments you can't be sure that what you have received will be credited to your account or not.

* Bitcoin payments are non-reversible.
* Bitcoin's price can grow higher with time.
* There is no downtime in bitcoin network like with POS systems.
* No sophisticated machine is needed to start accepting bitcoin payments.

Bitcoin is far better than credit card payments for both users and merchants.

Teraboy

hero member

Activity: 2282

Merit: 505

It's bitcoin all the way, credit card is vulnerable of money stealing, if you save your client's credit card data (well i guess it's actually unnecessary), once the database is leaked, all of the data will be stolen, big chance your clients' money will stolen or their data will be sold in the deepweb. with bitcoin, once you've received the bitcoin in your address, your transaction is done, and there's nothing to worry about. you just need to use quality payment gateway for bitcoin.

marukochanx3

full member

Activity: 167

Merit: 101

Quote from: DaMut on September 21, 2017, 11:40:06 PM

For me the safest way to do the payment when i was the buyer is using payment point(paypal,neteller and else) because it is reversible,
when you are surfing on internet you will find a ton of phising websites and also ton of phising emails.
that is why for the buyer or payment point holder,the safest way to use is a reversible money or something like that.
but for the seller the safest way to do the payment is using Bitcoin because it is irreversible and hardly to detect.
a lot of fraud can be happen when they are using a reversible payment point to pay the product and else,
you can find a lot of cases about this kind of problem,and the seller will get nothing in return and even loss their product.

thnks for ur support sir , bcos i surfing on internet , too much phising web stealing a credit card to make a payment. i think your post like a ur experience Cool

*kidding*

Lucas 666

jr. member

Activity: 50

Merit: 10

it is depend on money you will pay if you choose bitcoin for high number you need to pay high fee to make exchange fast so that cards better otherwise bitcoin better

dasher797

member

Activity: 115

Merit: 10

Get your share of the future

Quote from: marukochanx3 on September 21, 2017, 06:04:35 PM

Since the development of technology evolved quickly. Cry

Online shopping site is more pratical than we went to the store.
There are various payment media like Bitcoin [Not all site/store using bitcoin payment method] , Credit Card , Wire Bank Transfer and other payment method. Cool

I would like to ask do you think about a more secure payment , more secure Bitcoin payment or Credit Card payment method ? Roll Eyes

Bitcoin is always better than then the current payment methode because it is more easy to make transaction and faster

rommelzkie

full member

Activity: 294

Merit: 125

bitcoin is much secure than credit card. however as others says its irreversible, if you made a transaction is all done and there is NO refund.

However credit card is much popular in terms of online shopping so you better stick with it.

In addition for credit card holders. If you know how to reverse the credit card scanner process you can easily read its data
https://www.forbes.com/sites/andygreenberg/2012/01/30/hackers-demo-shows-how-easily-credit-cards-can-be-read-through-clothes-and-wallets/#3dabb66878a6

h0lybyte

hero member

Activity: 924

Merit: 511

In the means of privacy, i think bitcoin is more secure than credit cards.
When you accept credit card payments,you are able to view customer's information and the description of items which they have bought.
Bitcoin doesn't reveal any private information as it is still anonymous.
Bitcoin is almost more secure and instantaneous way to pay than any other payment method but you can choose both for a website.

pooya87

legendary

Activity: 3472

Merit: 10611

as a merchant obviously bitcoin is much safer and more convenient for you.
when using Credit cards and other money transfer methods, there will always be risks of charge back, fraud (like using a stolen credit card or fake transaction,...),... but with bitcoin there is no issue. when you receive the payment and it gets confirmed there is no way to reverse it, there is no way to scam.

but for the users, it is a big harder to trust. because when using money transfer methods they have charge back so in case the merchant was not honest they can get their money back and that doesn't exist in bitcoin. but at the same time, merchants are usually reputable. for example you buy from a website that has been around and working for year, the chances of not being satisfied with their service and not getting a response are dim.

DaMut

sr. member

Activity: 1274

Merit: 263

For me the safest way to do the payment when i was the buyer is using payment point(paypal,neteller and else) because it is reversible,
when you are surfing on internet you will find a ton of phising websites and also ton of phising emails.
that is why for the buyer or payment point holder,the safest way to use is a reversible money or something like that.
but for the seller the safest way to do the payment is using Bitcoin because it is irreversible and hardly to detect.
a lot of fraud can be happen when they are using a reversible payment point to pay the product and else,
you can find a lot of cases about this kind of problem,and the seller will get nothing in return and even loss their product.

marukochanx3

full member

Activity: 167

Merit: 101

Since the development of technology evolved quickly. Cry

Online shopping site is more pratical than we went to the store.
There are various payment media like Bitcoin [Not all site/store using bitcoin payment method] , Credit Card , Wire Bank Transfer and other payment method. Cool

I would like to ask do you think about a more secure payment , more secure Bitcoin payment or Credit Card payment method ? Roll Eyes

Topic: Bitcoin payment method or Credit card which is more secure for a website ? - page 2. (Read 971 times)