To all my online shopping freaks out there, hold on tight because what I’m about to tell you will surely get you wet!
We are already aware of how painstaking the whole process can be when you need to buy something using Bitcoin from the real world. All the enthusiasm pretty much dies down when we get to the cash-out bit. But, we are letting you in on a little magic trick.
Psstt… come closer.
Not so much of a magic trick but it’s a nifty tool that not many people know about. The problem we all face is that when you need to pay using Bitcoins, you are supposed to have a separate wallet or a managing service which acts as a mediator between the two; the buyer and the seller. And, second, many online retailers simply don’t accept Bitcoin payments.
So, with all these turnoffs, online shopping becomes more of a tedious experience rather than a recreational one.
But here’s the gadget we are going to tell you about; purse.io. Yeap, that’s the thing you need to turn your life around.
Purse.io works like a mediator in bitcoin transactions. It connects customers holding bitcoin with gift card holders, and this way it allows Bitcoin users without a bank account, credit card or anything or that sort to easily access it.
To put it simply, Purse.io acts like an escrow until the transaction has been completed. This has been done in the past on Purse’s own marketplace, allowing direct interactions between the buyer and the seller.
The gift card holder then becomes the middleman between you and the place you want to buy from.
How it works
What you do is, you select the products you wish to purchase by adding them to a wishlist on the Purse. Gift card holder then views the orders and use their cards to purchase them. Once they agree to buy you the item, the gift card holder will receive your Bitcoins and you will receive the item that you ordered.
What makes it good
The reason why it makes it ticking is that it allows oneself to get rid of the gift cards that are otherwise unusable. Though there’s a limitation on transaction and conversation fees, it offers discounts in the transaction process.
Though Amazon doesn’t plan on integrating cryptocurrency into their payment anytime soon so this will have to do. And, trust me, Purse.io is doing a great job. It’s something to hold on to until online stores start accepting Bitcoin and other forms of cryptocurrency. And, since that is a long way from now, Purse.io developers were smart enough to identify the gap and fill it in; and we are glad they did. To reassure yourself, even more, you can read up on reviews of people who have made use of it.
Just go to Reddit and see for yourself what this amazing app is doing for all my online store fan consumers. People are buying things as small as clothes to electrical appliances and mobile phones.
So, what are YOU waiting for?