ProtonMail officially accepts bitcoin

kingntking

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Quote from: krishnapramod on August 16, 2017, 10:10:16 AM

ProtonMail is quite popular for using cryptography to deliver end-to-end encryption email service to around 2 million users. They have added bitcoin as one of their officially accepted payment methods.

Quote

Starting from version 3.11 of ProtonMail, it is now possible to pay for premium ProtonMail secure email account using Bitcoin. We have designed the payment system to work seamlessly so that Bitcoin payments are automatically converted to ProtonMail credits which can be used to pay for upgrades, pay invoices, or top up your account. This feature was long overdue, so we are glad to finally introduce this.

Over the past three years, we have had an unofficial way of accepting Bitcoins which involved manually sending BTC to our Bitcoin donation address, and manually confirming the transaction with our support team to receive account credits. However, the general increase in the number of Bitcoin transactions over the years has made that approach unfeasible and made development of an automated system necessary.

We feel this is indicative of a broader trend, where the increased mainstream interest in Bitcoin will make it harder for merchants not to support Bitcoin, which will lead to more Bitcoin support, more transactions, and perhaps the continued appreciation of Bitcoin prices.

Ultimately, we believe having a more significant portion of our revenue via Bitcoin or other cryptocurrencies actually reduces our business risk, by providing more redundancy in the event of the failure of more traditional payment methods.

https://protonmail.com/blog/bitcoin-secure-email/

I was just going through the place and I saw this, I became very happy because it added one more bulb to the dark tunnel of bitcoin acceptance, it is great thing to hear that one more company has started accepting bitcoin.

Daimon88

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Quote from: krishnapramod on August 16, 2017, 10:10:16 AM

ProtonMail is quite popular for using cryptography to deliver end-to-end encryption email service to around 2 million users. They have added bitcoin as one of their officially accepted payment methods.

Quote

Starting from version 3.11 of ProtonMail, it is now possible to pay for premium ProtonMail secure email account using Bitcoin. We have designed the payment system to work seamlessly so that Bitcoin payments are automatically converted to ProtonMail credits which can be used to pay for upgrades, pay invoices, or top up your account. This feature was long overdue, so we are glad to finally introduce this.

Over the past three years, we have had an unofficial way of accepting Bitcoins which involved manually sending BTC to our Bitcoin donation address, and manually confirming the transaction with our support team to receive account credits. However, the general increase in the number of Bitcoin transactions over the years has made that approach unfeasible and made development of an automated system necessary.

We feel this is indicative of a broader trend, where the increased mainstream interest in Bitcoin will make it harder for merchants not to support Bitcoin, which will lead to more Bitcoin support, more transactions, and perhaps the continued appreciation of Bitcoin prices.

Ultimately, we believe having a more significant portion of our revenue via Bitcoin or other cryptocurrencies actually reduces our business risk, by providing more redundancy in the event of the failure of more traditional payment methods.

https://protonmail.com/blog/bitcoin-secure-email/

That’s a very good one to the bitcoin community as a whole cos I have been hoping for long that protonmail will one day accept bitcoin and then would make payments for transactions easier and even better than it used to be.

Argon2

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Merit: 101

It's more like 100K users and 1,900,000 sock puppets. We prob have at least 20 protonmail accounts not counting personal ones.

Paid email is not a solid business model.

somacoin

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Merit: 251

Cool this is a good decision and I also donated a little bit as I'm a long time Protonmail user. Thanks for posting.

JasonXG

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Quote from: BrewMaster on August 16, 2017, 11:31:02 AM

hmm, this is very strange! i thought they have already been accepting bitcoin payments! i guess i have always seed their donation address here: https://protonmail.com/donate and made the bitcoin donation once so i automatically though they do accept bitcoin payments too!

Quote from: iamTom123 on August 16, 2017, 11:09:37 AM

Now, let's hope that more and more customers would be using their Bitcoin to pay for the service.

the donation address already has received 175BTC Wink

That is a lot wow. 175BTC Nice going to them just for a mail app that is a killing to make and its only donations very impression. I really wish that wiki would enable bitcoin donation. They asking for donations all the time bit don't allow us the method to support. Its almost like they don't want help.

mrayazgul

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Activity: 560

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Quote from: krishnapramod on August 16, 2017, 10:10:16 AM

ProtonMail is quite popular for using cryptography to deliver end-to-end encryption email service to around 2 million users. They have added bitcoin as one of their officially accepted payment methods.

Quote

Starting from version 3.11 of ProtonMail, it is now possible to pay for premium ProtonMail secure email account using Bitcoin. We have designed the payment system to work seamlessly so that Bitcoin payments are automatically converted to ProtonMail credits which can be used to pay for upgrades, pay invoices, or top up your account. This feature was long overdue, so we are glad to finally introduce this.

Over the past three years, we have had an unofficial way of accepting Bitcoins which involved manually sending BTC to our Bitcoin donation address, and manually confirming the transaction with our support team to receive account credits. However, the general increase in the number of Bitcoin transactions over the years has made that approach unfeasible and made development of an automated system necessary.

We feel this is indicative of a broader trend, where the increased mainstream interest in Bitcoin will make it harder for merchants not to support Bitcoin, which will lead to more Bitcoin support, more transactions, and perhaps the continued appreciation of Bitcoin prices.

Ultimately, we believe having a more significant portion of our revenue via Bitcoin or other cryptocurrencies actually reduces our business risk, by providing more redundancy in the event of the failure of more traditional payment methods.

https://protonmail.com/blog/bitcoin-secure-email/

There must be some person on their development team that's into it. The only place I've ever run into photon is specifically used buy a VPS hosting site and offered as an email solution for you. Either way, the fact that a mail site is taking Bitcoin isn't really Front Page News especially one that nobody's heard of. This mail provider is not as big as yahoo, gmail or hotmail but still its a good move for bitcoin.

South Park

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I am terrible at Fantasy Football!!!

Quote from: krishnapramod on August 16, 2017, 12:00:13 PM

Quote from: BrewMaster on August 16, 2017, 11:31:02 AM

hmm, this is very strange! i thought they have already been accepting bitcoin payments! i guess i have always seed their donation address here: https://protonmail.com/donate and made the bitcoin donation once so i automatically though they do accept bitcoin payments too!

Quote from: iamTom123 on August 16, 2017, 11:09:37 AM

Now, let's hope that more and more customers would be using their Bitcoin to pay for the service.

the donation address already has received 175BTC Wink

They used to accept bitcoin payments in an unofficial way by not integrating it into user dashboard, but allowing bitcoin users to upgrade by sending bitcoins to their donation address, https://blockchain.info/address/1Q1nhq1NbxPYAbw1BppwKbCqg58ZqMb9A8

And then the user had to contact the support with transaction hash and amount to get upgraded.

Now alongside credit card and PayPal they have officially added bitcoin as a payment option. This gives bitcoin more exposure. ProtonMail users who don't know about bitcoins will come to know about it.

https://protonmail.com/support/knowledge-base/paying-with-bitcoin/

Thanks for the explanation I was under the impression they already accepted bitcoin payments but it seems it needed a little bit of trickery and now protonmail has accepted bitcoin as an official way of payment good for them, they are very popular so this is a good thing.

efeaydin

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It is good to hear that. They provide us privacy but it did not let us to pay with secure cryptocurrencies.

krishnapramod

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Quote from: BrewMaster on August 16, 2017, 11:31:02 AM

hmm, this is very strange! i thought they have already been accepting bitcoin payments! i guess i have always seed their donation address here: https://protonmail.com/donate and made the bitcoin donation once so i automatically though they do accept bitcoin payments too!

Quote from: iamTom123 on August 16, 2017, 11:09:37 AM

Now, let's hope that more and more customers would be using their Bitcoin to pay for the service.

the donation address already has received 175BTC Wink

They used to accept bitcoin payments in an unofficial way by not integrating it into user dashboard, but allowing bitcoin users to upgrade by sending bitcoins to their donation address, https://blockchain.info/address/1Q1nhq1NbxPYAbw1BppwKbCqg58ZqMb9A8

And then the user had to contact the support with transaction hash and amount to get upgraded.

Now alongside credit card and PayPal they have officially added bitcoin as a payment option. This gives bitcoin more exposure. ProtonMail users who don't know about bitcoins will come to know about it.

https://protonmail.com/support/knowledge-base/paying-with-bitcoin/

BrewMaster

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There is trouble abrewing

hmm, this is very strange! i thought they have already been accepting bitcoin payments! i guess i have always seed their donation address here: https://protonmail.com/donate and made the bitcoin donation once so i automatically though they do accept bitcoin payments too!

Quote from: iamTom123 on August 16, 2017, 11:09:37 AM

Now, let's hope that more and more customers would be using their Bitcoin to pay for the service.

the donation address already has received 175BTC Wink

iamTom123

hero member

Activity: 490

Merit: 501

I am not really familiar with ProtonMail and the service they are giving to their big customer base but I do appreciate the fact that they added Bitcoin as part of their mode of payment choices. And I think that there is a strong connection between the two, considering the kind of service that they offering.

Now, let's hope that more and more customers would be using their Bitcoin to pay for the service. As of now, many merchants are actually complaining that they received less business with Bitcoin much less than what they expect. This is of course connected to the fact that many Bitcoin holders are really holding to what they got in anticipation of a higher Bitcoin soon. It is always speculation that is winning the day in Bitcoin and there is nothing we can do about it.

krishnapramod

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Activity: 1470

Merit: 1079

ProtonMail is quite popular for using cryptography to deliver end-to-end encryption email service to around 2 million users. They have added bitcoin as one of their officially accepted payment methods.

Quote

Starting from version 3.11 of ProtonMail, it is now possible to pay for premium ProtonMail secure email account using Bitcoin. We have designed the payment system to work seamlessly so that Bitcoin payments are automatically converted to ProtonMail credits which can be used to pay for upgrades, pay invoices, or top up your account. This feature was long overdue, so we are glad to finally introduce this.

Over the past three years, we have had an unofficial way of accepting Bitcoins which involved manually sending BTC to our Bitcoin donation address, and manually confirming the transaction with our support team to receive account credits. However, the general increase in the number of Bitcoin transactions over the years has made that approach unfeasible and made development of an automated system necessary.

We feel this is indicative of a broader trend, where the increased mainstream interest in Bitcoin will make it harder for merchants not to support Bitcoin, which will lead to more Bitcoin support, more transactions, and perhaps the continued appreciation of Bitcoin prices.

Ultimately, we believe having a more significant portion of our revenue via Bitcoin or other cryptocurrencies actually reduces our business risk, by providing more redundancy in the event of the failure of more traditional payment methods.

https://protonmail.com/blog/bitcoin-secure-email/

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