but I remember people talking about linking ID to Bitpay payments for larger amounts. Not sure if they actually implemented it.
Yeah, they did. You can read here (about halfway down):
https://bitpay.com/blog/bitpay-dashboard-id/ If you make a payment of more than the equivalent of $3,000 using BitPay, so around a third of a bitcoin in today's prices, you get asked for KYC.
They also enforced KYC for refunds of 1000$ or higher. So if your payment doesn't go through for some reason, and they need to refund you, you will have to go through KYC.
Do any of these gift card providers use BitPay? Gift cards in particular are one area where there is no shortage of merchants to choose from, so avoiding BitPay should be easy enough.
I just tested them all:
- Bitrefill: Not using any third party to process their payments.
- Coinsbee: CoinGate
- CoinCards: BTCPayServer
- eGifter: Uses both
BitPay and NetCents (You can choose)
- GiftOff: OpenNode
- Bidali: accepting payments directly.
- Gyft:
BitPayBitPay facilitate converting your BTC to fiat (withdrawals directly to your bank account) which in my opinion is why a lot of big names (like Namecheap, Shipito, Vultr, Scan UK) are still using it. So, if a merchant is not interested is hodling bitcoin, I doubt they would switch to BTCPay.
What a nice thread @OmegaStarScream. Good job! Thanks again for your permission to translate your thread and post it on the German board. We got a few non English speakers there and I received feedback, that they really appreciated your thread.
I am linking it here again, if thats okay:
[Liste] Gutscheinanbieter für Bitcoins oder Altcoins - 04/2020-snip-
You're welcome. Don't forget to
update it.
I also suggest adding the following info:
- Coinsbee is based in Germany (More german GCs compared to the other providers).
- They accept other payment methods: Cuneros (cuneros.de), klamm-Lose (klamm.de) and Primera (primeraportal.de).