Bitcoin seller btcQuick hits nearly $2m in sales

“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/

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