If Amazon, Etsy and Bitcoin Had a Baby, Would it Look Like Purse Merchants?
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....
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The online marketplace that lets its customers buy items from Amazon with bitcoin today started looking an awful lot like Etsy, the website that puts a wide range of vendors directly in touch with buyers. Backed by some of the biggest names in bitcoin, Purse's launch of Purse Markets, lets anyone sell almost anything in exchange for bitcoin. Almost. The man in charge of helping recruit this new crop of vendors says the new business model is about more than just a new way for people to make money, it’s a way to grow the number people actually spending bitcoin in an organic way. Purse....
Back in November of 2015, Andrew Lee CEO of Purse.io announced its new venture Purse Merchants via Bitcoin.com’s All-Star AMA sessions. The company has just notified us that Purse Merchants is now live and rolling out its services to the public. Now anyone globally can purchase and sell items for bitcoin utilizing secure escrow transactions. Bitcoin.com....
Following recent coverage of a potential exploit on services that rely on Amazon Wishlist for order fulfillment, Purse.io, a Bitcoin service that allows users to "buy" goods on Amazon using Bitcoin at a heavily discounted price, has clarified that this particular scam has long been dealt with for Purse users. Through the use of a proprietary order tracking system, Purse.io isn't dependent on Amazon Wishlist, which Amazon admits has known errors that lead to scams. Purse.io has several times the Amazon trading action as Brawker; as such, they have the data to construct reliable fraud....
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....
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....