OKPAY accepting bitcoin as a deposit method - page 4.

paraipan

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Quote from: DeathAndTaxes on November 11, 2011, 08:50:27 AM

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

DeathAndTaxes

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Gerald Davis

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

repentance

hero member

Activity: 868

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http://ptc-investigation.com/okpay.aspx

https://www.okpay.com/en/support/faq.html

Quote

Why is my Moneybookers transfer on hold?

A: For safety reasons and because of Moneybookers chargebacks your transfers are put on hold while being checked. The process may take up two months depending on your OKPAY account operations history. Approximate time of us getting chargebacks is a month.

https://www.okpay.com/en/services/debit-card/fees.html

Quote

Card top-up   $3.00
ATM withdrawal   2% (min. $3, max. $15)
POS transaction   US$1.00 per transaction only

https://www.okpay.com/en/services/fees.html

Their fees are literally worse than those charged by banks. They seem like real predators who intentionally target those who are unable to obtain credit cards or conventional debit Mastercards.

paraipan

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Quote from: bitstarter on November 10, 2011, 09:59:34 PM

Quote from: 2112 on November 10, 2011, 09:55:38 PM

Quote from: stick_theman on November 10, 2011, 09:39:24 PM

Only the time will tell this is not MyBitcoin v2.0.

It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.

my guess is okpay is a front for the russian mob these guys look like mybitcoin 2.0 :/

give them a call and see if Tom W. works there Wink

ps: too bad you can't customize the credit card they offer with a bitcoin logo, sucks

2112

legendary

Activity: 2128

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Quote from: bitstarter on November 10, 2011, 09:59:34 PM

my guess is okpay is a front for the russian mob these guys look like mybitcoin 2.0 :/

Well, the financial dynamics is somewhat different. mybitcoin looked like small-time scam. If OKpay is involved in money laundering they will go out of their way to offer very good deals to the non-laundering customers to create a legal cover and detraction from their primary moneymaking enterprise. If they have 10%-30% margin on their laundering revenue they can plow some of it back to the side bets that provide the cover.

I remeber the days when money laundering was done through the prepaid long distance calling cards. Some of the best deals one could get were offered by the shadiest outfits. One could just call the customer service number and ask for credit for bad quality connection and they would give that over and over, practically with no limits for a single person making phone calls.

bitstarter

sr. member

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BitcoinStarter.com Support Account

Quote from: 2112 on November 10, 2011, 09:55:38 PM

Quote from: stick_theman on November 10, 2011, 09:39:24 PM

Only the time will tell this is not MyBitcoin v2.0.

It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.

my guess is okpay is a front for the russian mob these guys look like mybitcoin 2.0 :/

2112

legendary

Activity: 2128

Merit: 1073

Quote from: stick_theman on November 10, 2011, 09:39:24 PM

Only the time will tell this is not MyBitcoin v2.0.

It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.

stick_theman

sr. member

Activity: 372

Merit: 250

It's registered as an entity in the British Virgin Islands? Domain name is anonymous? Looks like red flags all over the place. Only the time will tell this is not MyBitcoin v2.0.

Bitcoin Oz

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Wat

Quote from: HostFat on November 10, 2011, 05:06:45 AM

The next step is asking Steam to add support to okpay.
Than you will see an huge amount of GPU comming!

Steam forum are down now.
Someone should ask it on the suggestion section when they will come back.

I just asked yuplay.ru ( a good game key seller ) if they can add OKPAY support :-D
Every game cd-key reseller should support Bitcoin/okpay, because all their costumers have GPUs!

Um someone hacked into steam and took all the credit card infos....

roos

full member

Activity: 157

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If there really are a few early adopters with a huge chunk of the total bitcoins, this might be exactly what they have been waiting for. What happens when someone dumps them there and then buys a car of a house.

If they dont have some kind of cap on how much bitcoins one can deposit, they might find themselves with huge problems unloading them without crashing the market.

Shuai

full member

Activity: 189

Merit: 100

bitcoin can be withdrawn through a debit mastercard? Huh

? FUCK YEAH

Jalum

hero member

Activity: 774

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Look ARROUND!

This is going to end well. Roll Eyes

finway

hero member

Activity: 714

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Quote from: worldinacoin on November 10, 2011, 09:26:25 AM

Quote from: finway on November 10, 2011, 08:59:15 AM

Quote from: HostFat on November 10, 2011, 08:56:52 AM

Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast. Grin

Did you try depositing bitcoin?

yes, very quick.

worldinacoin

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Activity: 756

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Quote from: finway on November 10, 2011, 08:59:15 AM

Quote from: HostFat on November 10, 2011, 08:56:52 AM

Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast. Grin

Did you try depositing bitcoin?

HostFat

staff

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I support freedom of choice

16 April 2011:
http://www.getecurrency.com/interviews/188-getecurrency-interview-with-okpay-ceo

finway

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Quote from: HostFat on November 10, 2011, 08:56:52 AM

Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast. Grin

HostFat

staff

Activity: 4270

Merit: 1209

I support freedom of choice

Ok, you quoted me but you have also used an automatic translator Grin

finway

hero member

Activity: 714

Merit: 500

Quote from: HostFat on November 10, 2011, 08:32:23 AM

From their facebook:
A: Deposit via bitcoin is a great feature. When are merchant services for bitcoin coming?
B: Thanks! They're coming soon, aiming next week

So I would say that you are giving to do well also have Twitter

Hanno anche Twitter:
https://twitter.com/okpaycom

Un link interessante:
http://ptc-investigation.com/okpay.aspx

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: HostFat on November 10, 2011, 06:07:54 AM

Quote from: LightRider on November 10, 2011, 05:58:13 AM

Really an interesting development. I think Mojang/MineCraft should look into this payment processor also.

I asked to one of the team about it ( from Twitter )
lol, people will mine to buy minecraft :_D

EDIT:
http://getsatisfaction.com/mojang/topics/can_you_add_okpay_as_a_payment_processor
Put your votes here!

Uhm… why not just vote for this one directly? http://getsatisfaction.com/mojang/topics/add_bitcoin_to_payment_options

DeathAndTaxes

donator

Activity: 1218

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Gerald Davis

Quote from: finway on November 10, 2011, 07:21:18 AM

Can we call OKPAY

A BANK ?

No

Quote

tHIS IS HUGE.

It is but they still aren't a bank.

Topic: OKPAY accepting bitcoin as a deposit method - page 4. (Read 12110 times)