Well, that seems to be a common misconception as quite a few providers do currently accept BitCoin. I ran a thread about this in another forum recently and was surprised at just how many providers not only accept BitCoin, but say it works better for them than credit cards.Almost no one uses bitcoin to pay for any services. Paypal and credit cards are the most popular
Well, that seems to be a common misconception as quite a few providers do currently accept BitCoin. I ran a thread about this in another forum recently and was surprised at just how many providers not only accept BitCoin, but say it works better for them than credit cards.
What makes it a bad payment method for the provider. You still run a MaxMind against their IP address and phone number, so what does it matter they pay with BitCoin? They can't perform a charge back, so why misbehave and lose your money?
Yes, you use MaxMInd, Fraudrecord checks, other verification methods, however sometimes they still go through and then you ask yourself if the money you get is worth all the trouble they cause.
We accept Bitcoin payments mainly because we can not that there is a must.