Purse Launches Charitable Giving via Amazon Smile
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....
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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....
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....
To put this into perspective, Amazon discounts can range anywhere from 10% to 22%. A smaller discount will usually see orders filled a lot quicker, though. India remains a hotbed for Bitcoin activity in recent years A new partnership between Purse and Unocoin will allow residents to shop on Amazon at a discount. With cryptocurrency usage in India expanding rapidly, it makes sense for companies to explore the market. Purse wants to improve the local online shopping experience, and offer Bitcoin users appealing discounts at the same time. Amazon is quickly becoming the fan favorite among....