I stumbled across a website (
www.setgetgo.com) that lets you receive BTC payments through payment links/buttons or API. Whats cool about it is all you need to do is provide them a BTC wallet address you want to receive payment in, what BTC amount you want to receive, and it will generate the HTML you need to put a link or buy now button! First thing that came to mind was to use this for e-bay transactions you want to be paid in BTC. Their fee is very reasonable (0.0025 BTC per transaction) and you dont need to sign up or provide them any information. I suppose you could also do this to hide how much BTC is in your wallet as no one knows which wallet is receiving the payment. Pretty slick!
I am not affiliated with the site in any way, I just wanted to see what everyones thoughts were on this as I hadnt seen something like this before now.
That is something that should be sipervised and investigated. i dont trust quickly things hat are like this especially if the rules of the game are too simple to earn profits because I dont believe in easy cash as the site is offering to us btc holders
I understand everybody's viewpoints, short of you using SetGetGo and seeing for yourselves that we are not scamming anyone but simply providing the service of a payment processor with fixed fees and not a payment processor with percentage-based fees (which gets REALLY expensive!). Merchants are getting the short end of the stick from the big payment processors out there so we are trying to level the playing field and give players more choices.
Have to stress once more that we are not offering anonymization services. We designed our service so that it was really easy to get going (no account required) and not to facilitate obfuscation of the paper trail from one Bitcoin user to another.
We're working on getting a Money Transmitter license in the US. This requires a couple of things that may go a long way to proving our good faith in this arena. This includes criminal history of the owners of the company along with a significant bond and insurance.
Will keep you all posted when it happens!