“It charges a 7.5% fee on transactions, but this can slide to as little as 3% given enough volume. Transactions made by credit card are settled in a couple of hours. Customers are expected to go through verification procedures by proving their identity, says the firm, which then allows them to purchase bitcoins using a credit or debit card. ‘I expect this to change as we work towards FinCen compliance,’ he concluded. The company doesn’t yet have compliance, but is working with US lawyer Marco Santori on this issue. In the meantime, Bunce is contemplating pulling out of three US states – New York, California, and Texas – until the issue is resolved.”
http://www.coindesk.com/bitcoin-sales-service-btcquick-hits-nearly-2m-sales/
Related posts:
U.S. Government: The Truth Is Too Complicated and Dangerous to Disclose to the Public
Brooklyn Bodega Owner: Why Merchants Should Start Accepting Bitcoin
BitTorrent serverless chat replaces usernames with crypto keys
CertusBank Ex-Execs, Ousted Over Lavish Expenses, Now Suing
Chicago Sun-Times First Major US Newspaper to Accept Bitcoin
The Road to World Government, World Police, World Tyranny
US Supreme Court Rules Against DMV Disclosing Driver Info
How Dozens of Companies Know You're Reading About Those NSA Leaks
Jim Rogers: "Thank Goodness" For Gold's Correction
Rand Paul opposes U.S. attack that could ‘kill Christians in Syria’
'Free-Range' Kids and the Kidnapping Nanny State
The Future Of Money - A Global Currency?
A Treasure Hunt Within a Treasure Hunt
Gold replaces narcotics as the most valued smuggled item in India
Syria’s Game of Thrones: Obama backs Al Qaida and the Chechen terrorists