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Showing 6 of 6 results by btctechie
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Topic
Board Marketplace (India)
Re: About circle.com
by
btctechie
on 12/10/2014, 14:40:11 UTC
Please see this-: http://inc42.com/buzz/new-rbi-rules-to-restrict-creditdebit-cards-international-usage/
May be this is the reason you were not able to carry out your transaction on circle ? Because some non-us folks posted on reddit that they successfully linked their visa/mastercard on circle .
Post
Topic
Board Marketplace (India)
Topic OP
About circle.com
by
btctechie
on 12/10/2014, 13:53:32 UTC
Hi,
Has anyone of you used circle.com ? Is it possible to link Indian bank accounts and then buy and sell bitcoins ? Is it legal to use circle.com in India?
Post
Topic
Board Games and rounds
Re: I want to send you some Bitcoin
by
btctechie
on 22/06/2014, 17:33:58 UTC
Maybe he is checking wallets to see who has a bunch to steal?  Roll Eyes

How can he possibly steal ? Huh
Post
Topic
Board Marketplace (India)
Re: Unocoin - To launch merchant services
by
btctechie
on 22/06/2014, 11:59:21 UTC
Hi,
I saw the flow of payment processing on https://www.unocoin.com/merchants.php . How do you handle volatility risk for merchant as the payment reaches merchant account in 3 days ?
The btc got for the merchant's invoice is sold as soon as the btc transaction is confirmed. Just the merchant getting the INR will take upto 3 days. Merchant will get exactly the INR he has invoiced for his shoppper.
If you are buying a computer for 25,000 INR and if you pay using bitcoin, then the merchant get exactly 25,000 INR with in 3 business days (it will usually be next business day though).

So absolutely no risk of volatility for merchants.

ok, then its fine Smiley All the best guys!!!! I am a bitcoin developer myself and I am happy to see these kind of projects rolling out in India.
Post
Topic
Board Marketplace (India)
Re: Unocoin - To launch merchant services
by
btctechie
on 21/06/2014, 05:21:57 UTC
Hi,
I saw the flow of payment processing on https://www.unocoin.com/merchants.php . How do you handle volatility risk for merchant as the payment reaches merchant account in 3 days ?
Post
Topic
Board Games and rounds
Re: I want to send you some Bitcoin
by
btctechie
on 17/06/2014, 05:07:36 UTC
India !!!! Planning for a bitcoin awareness program here in India. Your donation will help Smiley

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