Author

Topic: Who likes saving up to 35% on Amazon? I DO! (Read 1610 times)

hero member
Activity: 647
Merit: 501
GainerCoin.com 🔥 Masternode coin 🔥
March 19, 2015, 11:27:54 PM
#31
Saving a percentage sounds nice and all, but to me it adds unneeded risk. I have been using gyft to buy Amazon for a while and it works great and little no risk. I read that article where a guy was paid a visit by a LEO for using a carded purchase from purse. I just imagine many scammers use that service for coins.
legendary
Activity: 1526
Merit: 1000
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.


How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?


I ordered something, paid with Bitcoin, the buyer bought it and it was delivered, but then they claimed it hadn't been delivered and got a refund leaving the company out of pocket.
The company then got in touch with me to say that they will have to contact the authorities as I haven't paid for the item that arrived.  Purse say that I shouldn't worry though, so it's ok.  I'll say tell that to the judge when I'm in court.

So you didn't get scammed, the company did.

I'd also say you got nothing to worry about, just tell them the whole story. They fucked up by giving the guy a refund. Why would they do that if the item has been delivered at the address provided by buyer and I assume it was signed for upon delivery.

They won't start any legal action (unless it's a small seller and it was high purchase), although they should, but they should be chasing the scammer not yourself.

The company got scammed, but they have proof that they delivered a product to you that you didn't pay for, so they will go after you.

I know, I have spoken to the company, they know that I haven't scammed them, but if and when they report it they will go after both me and the buyer, they will have to.  Apparently as they are an Amazon marketplace company, any refunds are done automatically.  I actually didn't know about the situation until I got a letter asking me to sign to confirm non-receipt of the item.  I immediately contacted them to tell them that I had received it.

You can argue the semantics of who has been scammed with me, I would just say that the stress of dealing with it and the threats of legal action, along with the complete lack of support from Purse.io here, are not worth the discount available. For what it's worth, the item cost 140€, so I saved 35€.  If push comes to shove, I will probably pay the 140€ to the company to avoid court. Like I say, it's not worth it.



I'm not sure what amazon will/can do against you, but stuff like this is why using purse is a bad idea, in my opinion. It doesn't make to pay that markup for coins, so there are going to be lots of fraudulent transactions. If there is a fraudulent transaction, amazon has your address and you have their product, and fake information from the carder. Who knows what amazon can do to you, but they can't do much to the other person involved because they used fake info.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Guarantee amazon blocks this is no time because it's just a way for people to scam.

How could amazon block this? And why? The orders places through purse are working in accordance to amazon's terms. It's perfectly fine for someone to buy an item for someone else through an amazon wishlist. That's why wishlists exist in the first place.
legendary
Activity: 924
Merit: 1000
I don't think anyone will get 35% on purse. You can ask for it but no one will fill it
newbie
Activity: 42
Merit: 0
wow its a really good news but i wonder how much will this impact the bitcoin prices but for this is a good thing and a trusted way to shop from a trusted website ...
legendary
Activity: 2436
Merit: 1561

I know, I have spoken to the company, they know that I haven't scammed them, but if and when they report it they will go after both me and the buyer, they will have to.  Apparently as they are an Amazon marketplace company, any refunds are done automatically.  I actually didn't know about the situation until I got a letter asking me to sign to confirm non-receipt of the item.  I immediately contacted them to tell them that I had received it.

You can argue the semantics of who has been scammed with me, I would just say that the stress of dealing with it and the threats of legal action, along with the complete lack of support from Purse.io here, are not worth the discount available. For what it's worth, the item cost 140€, so I saved 35€.  If push comes to shove, I will probably pay the 140€ to the company to avoid court. Like I say, it's not worth it.


They don't have a case. For fuck sake, don't pay them anything. You did nothing wrong.

There's plenty of shady companies trying to play on peoples fear of courts. There's nothing to fear. No company will start legal action for 140€. They just trying to trick you to get the money back (sensing you're scared etc). The other guy is probably non-responsive so they know they won't get any money from him.

In some jurisdictions you could actually sue them for what they're trying to do.

Again, they did the refund. If it was automatic, they agreed to Amazon terms.

I honestly don't know what kind of support purse.io could provide you in this case.

Anyone can threat you with court for any reason, it doesn't cost anything.

And why do you people are so afraid of courts? It's not like you have to hire a lawyer for a simple cases. Going to court doesn't mean you're criminal, it could simply mean that 2 parties have a dispute and are not willing or unable to resolve it between themselves.

legendary
Activity: 1218
Merit: 1003
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.


How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?


I ordered something, paid with Bitcoin, the buyer bought it and it was delivered, but then they claimed it hadn't been delivered and got a refund leaving the company out of pocket.
The company then got in touch with me to say that they will have to contact the authorities as I haven't paid for the item that arrived.  Purse say that I shouldn't worry though, so it's ok.  I'll say tell that to the judge when I'm in court.

So you didn't get scammed, the company did.

I'd also say you got nothing to worry about, just tell them the whole story. They fucked up by giving the guy a refund. Why would they do that if the item has been delivered at the address provided by buyer and I assume it was signed for upon delivery.

They won't start any legal action (unless it's a small seller and it was high purchase), although they should, but they should be chasing the scammer not yourself.

The company got scammed, but they have proof that they delivered a product to you that you didn't pay for, so they will go after you.

I know, I have spoken to the company, they know that I haven't scammed them, but if and when they report it they will go after both me and the buyer, they will have to.  Apparently as they are an Amazon marketplace company, any refunds are done automatically.  I actually didn't know about the situation until I got a letter asking me to sign to confirm non-receipt of the item.  I immediately contacted them to tell them that I had received it.

You can argue the semantics of who has been scammed with me, I would just say that the stress of dealing with it and the threats of legal action, along with the complete lack of support from Purse.io here, are not worth the discount available. For what it's worth, the item cost 140€, so I saved 35€.  If push comes to shove, I will probably pay the 140€ to the company to avoid court. Like I say, it's not worth it.

legendary
Activity: 1526
Merit: 1000
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.


How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?


I ordered something, paid with Bitcoin, the buyer bought it and it was delivered, but then they claimed it hadn't been delivered and got a refund leaving the company out of pocket.
The company then got in touch with me to say that they will have to contact the authorities as I haven't paid for the item that arrived.  Purse say that I shouldn't worry though, so it's ok.  I'll say tell that to the judge when I'm in court.

So you didn't get scammed, the company did.

I'd also say you got nothing to worry about, just tell them the whole story. They fucked up by giving the guy a refund. Why would they do that if the item has been delivered at the address provided by buyer and I assume it was signed for upon delivery.

They won't start any legal action (unless it's a small seller and it was high purchase), although they should, but they should be chasing the scammer not yourself.

The company got scammed, but they have proof that they delivered a product to you that you didn't pay for, so they will go after you.
legendary
Activity: 1050
Merit: 1000
But, for new user. They just give abut 8% discount
And some people said their Customer Service is awful Sad

More info : http://www.coindesk.com/review-is-the-purse-discount-really-worth-the-hassle/

Actually, this restriction has been lifted a few weeks ago. You can now spend bitcoin on Amazon with a discount of 50% !
The fees are pretty staggering especially if you're ordering with a large discount and shipping to countries who are not applicable for Free Shipping.

All in all you're getting your 50% discount on the Item you want that's excluding the fees. With the fees you'll probably get round about 20%-25% off.
hero member
Activity: 1372
Merit: 783
better everyday ♥
But, for new user. They just give abut 8% discount
And some people said their Customer Service is awful Sad

More info : http://www.coindesk.com/review-is-the-purse-discount-really-worth-the-hassle/

It's a leveling and trust system similar to any other service which requires continued use.  Think of it like Coinbase, when you have to reach different levels or tiers, before you can unlock larger daily spending amounts.

For Purse, you start out at 8 %, shortly after your discounts will increase and increase over time.

It's to deter the "hit it and quit it" types and potential scammers, that'll use it once and leave.
legendary
Activity: 896
Merit: 1000
Really, they don't even have a 35% in profits or purse offers a 35% discount for Bitcoin users?
You can find a lot of this kind of service on digital good section, it probably works as if you want to end up with Amazon in blacklist.
I am not sure. People who are buying Amazon items as I can tell so far are legit. At least in case of amazon4u I've seen people using his services and no one complained. So I guess he can be considered 'safe' bet in you need to purchase something from Amazon. Unlike Purse services.

Some are offering discount service with some kind of gift cards which could be from black market, it's not legal to use these cards.
and he is right, you might be drawn in blacklist by Amazon if you use these cards.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
Really, they don't even have a 35% in profits or purse offers a 35% discount for Bitcoin users?
You can find a lot of this kind of service on digital good section, it probably works as if you want to end up with Amazon in blacklist.
I am not sure. People who are buying Amazon items as I can tell so far are legit. At least in case of amazon4u I've seen people using his services and no one complained. So I guess he can be considered 'safe' bet in you need to purchase something from Amazon. Unlike Purse services.
hero member
Activity: 630
Merit: 500
Really, they don't even have a 35% in profits or purse offers a 35% discount for Bitcoin users?
You can find a lot of this kind of service on digital good section, it probably works as if you want to end up with Amazon in blacklist.
full member
Activity: 220
Merit: 100
Guarantee amazon blocks this is no time because it's just a way for people to scam.
hero member
Activity: 1372
Merit: 783
better everyday ♥
So are the savings on the Amazon side, or is it because the BTCs are marked up that you "save" 35%?

I think it's 1% fee on any orders placed using Purse, but the Amazon side savings make up for what you pay Purse for using their service.
newbie
Activity: 19
Merit: 0
So are the savings on the Amazon side, or is it because the BTCs are marked up that you "save" 35%?
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
Oh I see from that article something that I didn't knew . So basically it's a trade between different users because it says this :

"A peer-to-peer marketplace that matches individuals wanting to buy items on Amazon at a discount with others wanting to buy bitcoin with a credit card or via PayPal. The service claims discounts of up to 20% for bitcoin shoppers."

I thought that the company is the one that buys and ships to us then we pay them .
That is correct. Company in this case is just a place when people who want to buy or sell can meet. Company itself does not regulate and control customers in any way. So you probably can be scammed often and it will happen sooner or later for sure.
legendary
Activity: 2436
Merit: 1561
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.


How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?


I ordered something, paid with Bitcoin, the buyer bought it and it was delivered, but then they claimed it hadn't been delivered and got a refund leaving the company out of pocket.
The company then got in touch with me to say that they will have to contact the authorities as I haven't paid for the item that arrived.  Purse say that I shouldn't worry though, so it's ok.  I'll say tell that to the judge when I'm in court.

So you didn't get scammed, the company did.

I'd also say you got nothing to worry about, just tell them the whole story. They fucked up by giving the guy a refund. Why would they do that if the item has been delivered at the address provided by buyer and I assume it was signed for upon delivery.

They won't start any legal action (unless it's a small seller and it was high purchase), although they should, but they should be chasing the scammer not yourself.
legendary
Activity: 1218
Merit: 1003
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.


How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?


I ordered something, paid with Bitcoin, the buyer bought it and it was delivered, but then they claimed it hadn't been delivered and got a refund leaving the company out of pocket.
The company then got in touch with me to say that they will have to contact the authorities as I haven't paid for the item that arrived.  Purse say that I shouldn't worry though, so it's ok.  I'll say tell that to the judge when I'm in court.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
Oh I see from that article something that I didn't knew . So basically it's a trade between different users because it says this :

"A peer-to-peer marketplace that matches individuals wanting to buy items on Amazon at a discount with others wanting to buy bitcoin with a credit card or via PayPal. The service claims discounts of up to 20% for bitcoin shoppers."

I thought that the company is the one that buys and ships to us then we pay them .
hero member
Activity: 1372
Merit: 783
better everyday ♥
Pretty goods informations , thanks for sharing those with us .
However I sitll see "Get 20% Off Items At Amazon Using Bitcoin" on Purse.io is that a normal thing or it's a random percentage depends on the item etc ... Can be from 1% to 35%  ??

~ Madness

I believe the discount you get as a new "basic" user is 8%.  You can read this Coindesk article to see the whole Purse process:

http://www.coindesk.com/review-is-the-purse-discount-really-worth-the-hassle/
legendary
Activity: 994
Merit: 1035
I'd rather pay 35% more.  Anyway, everyone can buy Bitcoin easily nowadays, why would people buy them at a 35% premium? Because they are scammers..

This was my first concern as well , but keep in mind their are many people willing to pay 20% more to get rid of their gift cards in many countries that they received through mechanical turk or as affiliate revenue where they choose to get a giftcard instead of ACH deposit because they don't have a US bank account. These employees, or contractors can either turn around and sell the bitcoins on local bitcoins for a 10% premium (thus only seeing a 10% markup of the average 20%) or buy items locally directly with bitcoin instead of buying through amazon where they don't have a US address to ship the items to. FYI- amazon global doesnt ship everywhere , can have high shipping and import charges and has an extremely limited inventory to the countries it does ship to.

legendary
Activity: 2436
Merit: 1561
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.

If the 35% discount was guaranteed, you'd be making a good deal even if you're scammed 1 time every 3 purchases.

How did you got scammed actually? Do they provide escrow? Were you a buyer (exchanged your BTC for amazon stuff)?

I'd rather pay 35% more.  Anyway, everyone can buy Bitcoin easily nowadays, why would people buy them at a 35% premium? Because they are scammers..

You're probably right on this one, but there's also plenty of people with unwanted amazon vouchers/gift cards.

I had a few (small value) not too long ago and was thinking of selling them even at 60% face value (those were for amazon UK though, so harder to sell). But eventually I found something on amazon that I needed.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.

I'd rather pay 35% more.  Anyway, everyone can buy Bitcoin easily nowadays, why would people buy them at a 35% premium? Because they are scammers..
That is exactly the reason why I am not happy as I should be. I need to see how that 'system' works first to believe it is foolproof and I can't be scammed.
I don't care about discount that much I just want to have secure experience. Secondly I do not like coinbase itself, I wish they expand list of their partners in the future.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
Pretty goods informations , thanks for sharing those with us .
However I sitll see "Get 20% Off Items At Amazon Using Bitcoin" on Purse.io is that a normal thing or it's a random percentage depends on the item etc ... Can be from 1% to 35%  ??

~ Madness
sr. member
Activity: 406
Merit: 250
Hopefully they partner up with bitpay as well. There is a decent number of bit coiners that will not use coinbase. I count myself among them.   

You don't have to use Coinbase if you don't want to on Purse.  It's just there if you don't own any at all.

You'll still get Amazon savings no matter which way you pay your BTC.  Savings range from 8% to 35% or so.

Oh nice. Thanks for the info. I pretty much buy everything but perishable food and cars online so that kind of discount from amazon would be a nice annual savings.
legendary
Activity: 1218
Merit: 1003
Purse partners with Coinbase to simplify your Amazon purchases with Bitcoins:

http://www.pymnts.com/news/2015/coinbase-puts-change-in-purse/#.VQm06Y7F9pU

Quote
Purse, a specialized bitcoin platform that lets customers buy products on Amazon at a discount, has partnered with Coinbase to simplify the process, the company announced on Monday (March 16).

Under the new agreement, Coinbase customers will be able to transfer bitcoin from their Coinbase wallets for Purse transactions. “At Purse we strive to make saving on Amazon as easy as possible. We’re happy to announce an update that will make it much easier for mainstream users,” Purse’s blog post said. “With our Coinbase partnership, shopping on Amazon will be as easy as checking out at a Coinbase merchant. Customers can transfer funds from their Coinbase wallet and start using Purse within minutes.”

The partnership with Coinbase will also help with the implementation of new apps and features, the post added, but gave no further details.

Purse’s appeal is built around the relative difficulty of spending bitcoin as well as the difficulty of acquiring it in the first place, and it uses Amazon’s wish-list feature to tackle both those problems. On the Purse platform, a customer who wants to buy a particular item from Amazon posts the item he wants to buy and the amount of bitcoin he’s willing to pay — usually at a discount from Amazon’s price. When a second party agrees to the transaction, the second party pays Amazon for the product and has it shipped to the original customer, who transfers the appropriate amount of bitcoin to the second party.

In effect, the original customer pays bitcoin to get a product from Amazon, while the second party uses a payment card or PayPal to acquire bitcoin.

Purse also recently opened a brick-and-mortar retail store in San Francisco’s Mission District called Nakamoto’s, where only bitcoin is accepted for purchases. The products Nakamoto’s offers are also priced at a 10 percent discount from Amazon’s prices, CoinDesk reported in February.





Win win for both companies, but most of all, to us Bitcoin customers!   Cool

My experience of Purse.io is that the Bitcoin buyers are scammers (3 purchases 1 scam) and that the customer services won't be helpful to look out for you if you are in a bad situation due to scammers on their site.

I'd rather pay 35% more.  Anyway, everyone can buy Bitcoin easily nowadays, why would people buy them at a 35% premium? Because they are scammers..
hero member
Activity: 1372
Merit: 783
better everyday ♥
Hopefully they partner up with bitpay as well. There is a decent number of bit coiners that will not use coinbase. I count myself among them.   

You don't have to use Coinbase if you don't want to on Purse.  It's just there if you don't own any at all.

You'll still get Amazon savings no matter which way you pay your BTC.  Savings range from 8% to 35% or so.
sr. member
Activity: 406
Merit: 250
Hopefully they partner up with bitpay as well. There is a decent number of bit coiners that will not use coinbase. I count myself among them.   
legendary
Activity: 2464
Merit: 1145
this is really good news.
i think this is the first time where bitcoin is used in a closed business cycle without the need of exchnges for bitcoin user.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Purse partners with Coinbase to simplify your Amazon purchases with Bitcoins:

http://www.pymnts.com/news/2015/coinbase-puts-change-in-purse/#.VQm06Y7F9pU

Quote
Purse, a specialized bitcoin platform that lets customers buy products on Amazon at a discount, has partnered with Coinbase to simplify the process, the company announced on Monday (March 16).

Under the new agreement, Coinbase customers will be able to transfer bitcoin from their Coinbase wallets for Purse transactions. “At Purse we strive to make saving on Amazon as easy as possible. We’re happy to announce an update that will make it much easier for mainstream users,” Purse’s blog post said. “With our Coinbase partnership, shopping on Amazon will be as easy as checking out at a Coinbase merchant. Customers can transfer funds from their Coinbase wallet and start using Purse within minutes.”

The partnership with Coinbase will also help with the implementation of new apps and features, the post added, but gave no further details.

Purse’s appeal is built around the relative difficulty of spending bitcoin as well as the difficulty of acquiring it in the first place, and it uses Amazon’s wish-list feature to tackle both those problems. On the Purse platform, a customer who wants to buy a particular item from Amazon posts the item he wants to buy and the amount of bitcoin he’s willing to pay — usually at a discount from Amazon’s price. When a second party agrees to the transaction, the second party pays Amazon for the product and has it shipped to the original customer, who transfers the appropriate amount of bitcoin to the second party.

In effect, the original customer pays bitcoin to get a product from Amazon, while the second party uses a payment card or PayPal to acquire bitcoin.

Purse also recently opened a brick-and-mortar retail store in San Francisco’s Mission District called Nakamoto’s, where only bitcoin is accepted for purchases. The products Nakamoto’s offers are also priced at a 10 percent discount from Amazon’s prices, CoinDesk reported in February.





Win win for both companies, but most of all, to us Bitcoin customers!   Cool
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