Bitcoins can now be used to pay for Domino’s Pizza

Posted on February 12, 2013 by admin

Looking to capitalize on hungry computer users that collect Bitcoins, a new online startup called PizzaforCoins launched a simple site that allows consumers to order pizza and pay with the digital Bitcoin currency. Created by Matt Burkinshaw and Riley Alexander, customers go through a standard selection menu to choose options like type of crust, amount of sauce or cheese, different toppings and other add-ons like drinks or sides. Rather than a dollar figure, each item has a specific Bitcoin value.

Read more: http://www.digitaltrends.com/web/virtual-bitcoins-can-now-be-traded-for-dominos-pizza/#ixzz2KjNognXY

 

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Google Wallet moved to cloud

Posted on August 1, 2012 by admin

Google today announced that it has moved its Wallet product on cloud where it will accept all credit and debit cards.

 

 

read more here

Google Wallet is a virtual wallet that stores your credit and debit cards, offers, and rewards cards. Your Google Wallet is always with you, on your phone and on your computer, for shopping in-store and online. It adds up to more speed, savings and security. In this “popup wallet” video, opening Google Wallet, is the opening to a whole new world.

Posted in Cloud, Credit Card Payments, Debit Card Payments, Offline Payments, Payments, Wallet | Tagged , , | Leave a comment

Stripe – Payments for Developers

Posted on July 25, 2012 by admin

 

Stripe makes it easy to start accepting Credit Cards payments on the web.

Full-stack payments

You don’t need a merchant account or gateway. Stripe handles everything, including storing cards, subscriptions, and direct payouts to your bank account.

Stripe.js lets you build your own payment forms while still avoiding PCI requirements.

https://stripe.com/docs

Easy Integration

with Ruby, PHP, Python and many more language support.

Pricing

2.9% + 30 cents per successful charge. No setup fees, no monthly fees, no card storage fees, no hidden costs: you only get charged when you earn money.

currently thousands of websites use Stripe

explore more @ https://stripe.com/

 

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Bitcoin Vending Machine – Exchange Euro coins for Bitcoin (wallets)

Posted on July 20, 2012 by admin
butcoin vending machine

bitcoin vending machine

Bitcoin Vending Machine for exchaning 1 Euro coin for Bitcoin. EasyWallet.org provides a Bitcoin wallet with a simple web interface.
The only way to access the account is through a secret link, which is received in exchange for the 1€-coin.

read more here.

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What is BitCoin?

Posted on July 1, 2012 by admin

What is Bitcoin? A decentralized, digital currency that is changing the face of payments.

Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency.

Video Introduction: http://youtu.be/Um63OQz3bjo

 

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CoinBase (BitCoin, BitPay) Payment System

Posted on June 30, 2012 by admin

CoinBase introduces simple and easy payment system where users can send and receive payments internationally without any payment fees.

Below are the various features of this new payment service:

* Instant Payment

Payments arrive at the speed of an email (just a few seconds) and are confirmed within the hour. No more waiting three business days for checks.

* Bank Transfers

Add and withdraw funds directly to your bank account. We charge just 0.5% when you convert your money into or out of bitcoin. (coming soon)

* Zero Transaction Fees

Stop paying 2.9% plus 30 cents on credit card payments – bitcoin transactions are completely free, with no setup, monthly, or per-transaction fee.

* Merchant Tools

Easily create “buy now” or donate buttons. We also offer full shopping card integration. (coming soon)

* Works Internationally

Bitcoin is an open protocol for money that is truly international (much like the internet itself). Now you can send money anywhere in the world.

* Reduced Risk

Based on the bitcoin which leads to lesser transaction risks as compared with regular payment systems e.g. banks, paypal etc because it works on virtual currencies.

There is a similar BitCoin payment system ‘BitPay’ however it takes 0.99% transaction fee : https://bit-pay.com/

BitCoin: No Risk, No Hassle, No Borders!

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The rise of Virtual Currencies

Posted on June 29, 2012 by admin

In last couple of years the online digital goods sale have increased tremendously. These digital goods include ebooks, games,  subscription etc. The purchase of these goods does not involve any kinds of physical shipping. Suppose you are playing online game on Zynga and planning to buy accessory of the game or willing to pay to replay the game, Since these are not the real world transactions, hence having a kind of virtual currency also can fulfill the payment needs. However the only thing needs to be taken care is to somehow associate the payment currency to the real world currency (e.g. Dollar).

This is a new kind of the payment method where the need of the real currency is not a must instead of having a virtual currency (also known as cyber currency) can complete the purchase. This leads to creation of Facebook Credits, BitCoin or CoinBase.

below is from BitCoin: “Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency.”

 

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