Bitcoin Marketplace Purse Unveils 'Instant' Amazon Shopping
Purse has announced 'Instant', a new product that aims to expand the appeal of its existing e-commerce marketplace while continuing its focus on Amazon shopping. Launched in 2014, Purse now claims 32,000 users on its traditional 'Name Your Discount' marketplace, which matches individuals looking to buy bitcoin with a credit card and users willing to sell bitcoin in exchange for savings on Amazon purchases. Purse co-founder Andrew Lee explained that Instant finds the company stepping in to play an active role on the formerly peer-to-peer (P2P) platform, purchasing Amazon gift cards from its....
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What if a Bitcoin-accepting marketplace were welcoming to small merchants, a la Etsy, while at the same time offering the vast wares of online giant Amazon? If all goes according to plan, Purse will compete as just such a marketplace with their launch of Purse Merchants. Purse Merchants is now in beta phase, offering early access that’s already been....
A new initiative from bitcoin shopping service Purse, in partnership with Chain and the BitGive Foundation, allows consumers to receive discounts on Amazon purchases and donate to charity at the same time. Called the '1% Initiative', the US-only scheme launched yesterday with the aim of showcasing the benefits of bitcoin both for the consumer and the greater good, while also increasing Purse's customer base. Purse is a platform through which customers can buy products on Amazon using bitcoin. Notably, shoppers receive discounts made possible by other users who pay a premium to buy bitcoin....
Bitcoin startup Purse.io, an online marketplace that enables discounts on Amazon with payments in bitcoin has announced a new partnership with Coinsecure, a prominent Indian bitcoin exchange. Announced yesterday, the new collaboration comes during a time when demand for bitcoin is increasing in India following the controversial demonetization drive in early November. The tie-up is a marked effort by Purse to expand in India during these cash-strapped times. This is in addition to its existing partnership with another major Indian bitcoin exchange, Unocoin. Coinsecure’s own announcement....
For Bitcoiners, Purse.io seems to be one of the best options for spending Bitcoin for goods, as Amazon carries almost anything you would want to buy. In addition to the ability to spend Bitcoin on Amazon products, Purse.io allows you to choose a discount rate between 1-50%. However, since Purse acts as an escrow service, it is extremely unlikely that you will be able to get a 50% discount on anything. In past transactions with Purse, I’ve gotten up to a 35% discount on items that were less than $10, 30% off of items that were less than $30, and 25% off of anything higher than that. In....
On this episode of the official Bitcoin.com podcast, our host Zach Doty sits down with Kent Liu of Purse.io, a service that lets users spend bitcoin on Amazon purchases with discounts. During the show, Liu explains how Purse.io works, and how much users can expect to save by using the service to shop on Amazon with bitcoin. Liu says that the Purse team....