Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
erk
on 30/07/2013, 20:46:50 UTC
Far from it I've insisted you pay by credit card and call your issuing bank and ensure they will cover your ass after the Paypal 45 day window shuts. Mine will. I rang Barclays and recorded the lady in the fraud department on loudspeaker to be super sure. If anything I was instrumental in ensuring KnC accepted card payments. Read the damn thread.

Oh really, so would you share that with all us? I will be glad to hear such conversation.

https://www.kncminer.com/pages/payment

Quote
Our payment system will allow the following payment methods:

 PayPal

 Bitcoin via Bitpay

 Bank transfer

By the way, why KnC did not included "credit card" in their list of accepted payment method if 'was instrumental in ensuring KnC accepted card payments'?


my guess is that they wanted to cut the time window down from 60 to 45 days using Paypal instead of CC.
My guess is they didn't want the hassle and cost of opening a credit card online merchant facility when they had the relatively easy Paypal for which most shopping card software would have a plugin, but credit card would need something specifically written for their bank.