Quote
Our payment system will allow standard card payments via PayPal and direct payments in Bitcoin.
The decision to allow Bitcoin payments was of course simple.
The decision to allow other forms of payment was a little harder.
In the end we have decided to open up to allow PayPal payments as well. The main reason for this was to allow people to enter the market. Rather than to only cater for people who have managed to trade or mine the appropriate amount of coins already.
With a greater number of people mining, the whole community gets to benefit and this will make it stronger.
During the initial phase of this business we understand (quite rightly so) that people are a little concerned when sending money or coins to companies that have not been trading for very long. To alleviate some of these concerns we will not be taking any money from our customers until we have progressed much further down development path.
Even when we have made enough progress we will open up our order books with two possible purchase methods. The first will be a standard payment in advance allowing customers to enter as far down the queue as possible (based on a first come first serve bases). The first 500 KNCminers will be sold this way, as soon as the first 500 are sold we will close that order book.
The second order type which will be available at the same time is a 50% upfront payment method. Customers enter the queue as low as possible (first come first serve) with the miner numbers starting at 501 the rest of the 50% payment is then due 3 weeks before shipment.
We will then close that method as soon as we ship our first miner and return to the standard upfront payment method.
The decision to allow Bitcoin payments was of course simple.
The decision to allow other forms of payment was a little harder.
In the end we have decided to open up to allow PayPal payments as well. The main reason for this was to allow people to enter the market. Rather than to only cater for people who have managed to trade or mine the appropriate amount of coins already.
With a greater number of people mining, the whole community gets to benefit and this will make it stronger.
During the initial phase of this business we understand (quite rightly so) that people are a little concerned when sending money or coins to companies that have not been trading for very long. To alleviate some of these concerns we will not be taking any money from our customers until we have progressed much further down development path.
Even when we have made enough progress we will open up our order books with two possible purchase methods. The first will be a standard payment in advance allowing customers to enter as far down the queue as possible (based on a first come first serve bases). The first 500 KNCminers will be sold this way, as soon as the first 500 are sold we will close that order book.
The second order type which will be available at the same time is a 50% upfront payment method. Customers enter the queue as low as possible (first come first serve) with the miner numbers starting at 501 the rest of the 50% payment is then due 3 weeks before shipment.
We will then close that method as soon as we ship our first miner and return to the standard upfront payment method.
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Payment
Main PagePayment
Our payment system will allow the following payment methods:
PayPal
Bitcoin via Bitpay
Bank transfer
The decision to allow Bitcoin payments was of course simple.
The decision to allow other forms of payment was a little harder.
In the end we have decided to open up to allow PayPal payments as well. The main reason for this was to allow people to enter the market. Rather than to only cater for people who have managed to trade or mine the appropriate amount of coins already.
With a greater number of people mining, the whole community gets to benefit and this will make it stronger.
During the initial phase of this business we understand (quite rightly so) that people are a little concerned when sending money or coins to companies that have not been trading for very long. To alleviate some of these concerns we will not be taking any money from our customers until we have progressed much further down development path.
For Bank Transfers please use the following details
In the reference please add your order number so we can track your payment
Account Name : KNCMINER AB
IBAN: SE1850000000054238202171
BIC: ESSESESS
Bank Name: SEB
Bank Address: SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
Main PagePayment
Our payment system will allow the following payment methods:
PayPal
Bitcoin via Bitpay
Bank transfer
The decision to allow Bitcoin payments was of course simple.
The decision to allow other forms of payment was a little harder.
In the end we have decided to open up to allow PayPal payments as well. The main reason for this was to allow people to enter the market. Rather than to only cater for people who have managed to trade or mine the appropriate amount of coins already.
With a greater number of people mining, the whole community gets to benefit and this will make it stronger.
During the initial phase of this business we understand (quite rightly so) that people are a little concerned when sending money or coins to companies that have not been trading for very long. To alleviate some of these concerns we will not be taking any money from our customers until we have progressed much further down development path.
For Bank Transfers please use the following details
In the reference please add your order number so we can track your payment
Account Name : KNCMINER AB
IBAN: SE1850000000054238202171
BIC: ESSESESS
Bank Name: SEB
Bank Address: SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
So I'm not holding out much hope regarding my chances with crypto's, in all honesty 
I'm just enjoying the intellectual exercise I reckon 
