Post
Topic
Board Hardware
Re: [Work in progess] Burnins Avalon Chip to mining board service
by
tiros
on 25/07/2013, 14:01:04 UTC

Worse is that you can't access your money, and time is crucial for BTC projects.
If I can offer piece of advice to burnin; I would remove PayPal payment option, refund those who paid with it already and advise them to use BTC or bank wire transfer as payment method.

You guys don't think like a business manager and it is crazy to see how flustered everyone gets. By doing this I would imagine he would lose at least 25% of his sales volume. I know I wouldn't have been able to order my miners if this was the case. Not everyone is in the EU to do a bank wire and buying bitcoin in volume is still not easy and sometimes means a loss of 5% or more. Also anyone that wanted to buy would a credit card would not have been able to order from him. I think he is smart and has diversified his incoming funds. Adding more options would be even better, like setting up a cc merchant account. He can always withdraw the funds from paypal as they come in to reduce any risk of his funds being on hold due to an audit. Even in the small chance that did happen, it is easy to keep the account balance low and he would minimize his risk.

I am not in EU and can use bank wire. Do you have banks in your country?
Various payment options exists so you could chose, and if you want it you will find a way.
I don't think anyone doubted in burnin's intelligence.
Looks like you don't know when merchant can and when can't withdraw money. He can't touch it next 45 days when they arrive in his PP account, and if frozen next who-knows-how-many-days-or-months (someone correct me if I am wrong).