just tried it out to see how it works:
Payment Information
Status: Waiting for your funds...
Total Amount To Send: 154.19802029 XVG (total confirms needed: 5)
Received So Far: 0.00000000 XVG (unconfirmed)
Balance Remaining: 154.19802029 XVG
(here is the Wallet QR code pic)
Send To Address: D5zdi3ksR4nW61FEnYBQsWQvR7CPtikBGg
Time Left For Us to Confirm Funds: 59m 3s
Seller: MG Billing Limited (96%)
Seller Email:
[email protected]Leave Feedback: You will be able to leave feedback once this transaction is completed.
Payment ID: ***********************
154 XVG about 12.30 USD right now vs. 9.99 USD with Credit Card. Sounds fair having in mind that Creditcard might have some additionally processing costs added for the CC Holder.
Thanks for posting. the 23% cost increase over fiat its bad imo.
Trust me, no one using these sites will care...
No one using these sites is going to care about "anonymity" enough to pay the extra costs and jump through the hoops necessary to acquire Verge and pay with it over the method they already use. First you have to acquire XVG which will either involve buying it (and incurring a fee from the service you use, provided your bank/cc even allows it) or mining it (which incurs higher energy costs since most consumer PCs aren't designed to generate large hash rates while efficiently using power). Then you might have to go through the process of converting a crypto you bought/hold into XVG, which incurs exchange fees. Then on top of all that, they're charging you more than if you'd just paid with your cc.
All this so, what, a charge doesn't appear on your statement that only you see anyway? Paying extra to put your dirty laundry on a public ledger that's copied on thousands of computers doesn't seem like great value. I realize that a lot of people's knee jerk reaction is that this "partnership" will lead to mass adoption of Verge, but there is very little evidence to suggest that anyone who already pays for porn will switch to paying with XVG and even less to suggest that anyone who doesn't normally pay will begin to.
you have some valid points.
Having in mind that the average joe is not mining or holding them like we do with ease ......
However, after making a payment of 154 something Verge you can a confirmation email after the amount arrived from coinpayments.net
here the text in case its of interest how such payment works and looks:
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
Hello,
We have received all required funds for your payment of 154.19802029 XVG to MG Billing Limited and your payment is now Complete.
The transaction ID of this payment is: CPCD4SSBDXXXXXXXXXXXXXXX
You can view the status of this payment or leave feedback for the seller for the next 30 days at
https://gocps.net/bxxxxxxxxxxxxxxxxxxxxav/If you were logged in to your account, you will also be able to view the status at
https://gocps.net/9xxxxxxxxxxxxxxxxxxxxxyjx/Notes:
1. Since this transaction is complete all support from this point can only be provided by the seller.
2. If you sent too much cryptocurrency you should receive an email to claim the refund within 8 hours. (Don't forget to check your spam folder if you don't see it!) Please do not open a support ticket before that time.
Thank you for using CoinPayments.net!
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2
iQxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx3CqFpX/MN422
VG4oZenadfgzxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxXiXD2pxlwmKoW
abppxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxbpoyJQQ5i9UbbB9SQ
RIxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxP2KOhrA=
=K+Ms
-----END PGP SIGNATURE-----
(the xxx are from me as i have no idea what the digits in the original message mean, do, are actually :-)))