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Board Service Announcements
Re: BTC buy&sell - best rates from HiRiBi.com
by
Hiribi official
on 08/05/2017, 14:09:13 UTC

Thank you for your reply, I have this response to your points:

1) Why does HiRiBi need to ensure everyone uses one currency, if they don't want to? Does something prevent HiRiBi from sending different currencies to different customers on a case by case basis? I use PayPal myself, it requires in the region of <5 clicks and 1 minute to effect such changes on each transfer. For example Amazon a US company, well aware that USD is the most popular currency in the world, still gives currency options for local customers. Being flexible is a good thing in my opinion.

That's understandable.
There are two possible fees that I am aware of. One is a Pay for Goods and Services fee, the solution for that is to use F&F. Another is a cross border transfer fee that is country dependent. One possible solution; I believe PayPal provides a chart of the fees. You could create a box for users to enter the country of their account and from there calculate the fees.

Thank you for your advice, this is really useful information.
But now we don’t yet consider the possibility of payment in a different currency except USD due to internal features of the service.
Perhaps in the future we will be able to introduce the functional you talking about.


2) What difficulties? How is it hard to process F&F payments? I have used it myself, I didn't see any. Please tell me about them.

I have used PayPal for 6+ years now, as a buyer and seller on eBay and sometimes to transfer money even internationally, and I fail to see strong reason in your points.

Please enlighten me on what I may have missed. Thank you.

You are absolutely right, but if we are talking about hundreds transactions per month?
PP strictly controls fraud with FF payments. As I told earlier, at the start of our service we tried this type of payment, bit it was hard to proceed so we change to regular payments.


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