On the phone to PayPal - misinformation it seems

[Phantom Diablo]

interesting article here too
http://www.wnct.com/story/24131716/...nic-cigarette-users-light-up-for-the-holidays

 

[stealthvape]

i may have joked earlier saying bitcoin but having looked at as a form of currency it does seem an option even if as a last resort. disgusting that paypal think they can hold your money ransom though as surely by allowing tranasctions to go through from buyers end they are in breach of there own rules.
as said before it may be a case o renaming products as a loophole too if push comes to shove.

http://bitcoin.org/en/

We accept Bitcoin

 

[Phantom Diablo]

We accept Bitcoin

cool so as someone who has never used it maybe a little explanation as to how it works. could be a godsend for vendors if PP decide to pull the plug but i guess if buyers dont know how to use it could be offputting. something else to maybe spread the word about in the face of possible future issues

 

[Puff dad E]

No restrictions from what I can see but looks a tad confusing, it would seem you have to buy coins from an open market place
different rates for coins, it looks a bit like share trading to me, It will certainly take some getting used to.

 

[Phantom Diablo]

ahhhh but in the word of Pete Seeger!

 

[gords1001]

Just so people can keep track of the conversation on the other site, it appears in America they are not supposed to use PayPal for ecig purchases

http://www.thevapingforum.com/Thread-ATTENTION-VENDORS?pid=2096#pid2096

 

[stealthvape]

cool so as someone who has never used it maybe a little explanation as to how it works. could be a godsend for vendors if PP decide to pull the plug but i guess if buyers dont know how to use it could be offputting. something else to maybe spread the word about in the face of possible future issues

As far as the checkout is concerned we use coinbase.cc so it's much like using paypal. It converts the invoice amount to whatever it's equivalent is it bitcoin. You link your card to your coinbase account.

If you have a bitcoin balance already then it just converts and deducts from your balance

 

[madpiano]

Bitcoins are too geeky and insecure to me. The highly variable exchange rate for starters (I am still kicking myself that I wasn't an early miner of these). What about Google Checkout? Its like PayPal? Does NoChex still exist?

Sent from my Galaxy Nexus using Planet of the Vapes mobile app

 

[stealthvape]

Bitcoins are too geeky and insecure to me. The highly variable exchange rate for starters (I am still kicking myself that I wasn't an early miner of these). What about Google Checkout? Its like PayPal? Does NoChex still exist?

Sent from my Galaxy Nexus using Planet of the Vapes mobile app

Nochex is balls when it doesn't work due to the ip address or address being flagged or for certain countries. They pre authorise the funds from your account but don't claim them so the customer is left without the money for a week. I think certain countries are flagged as no sale when you're ecig related but it doesn't stop them putting the customers funds on hold for a week at a time. It was quite embarrassing explaining the problem to customers when it went wrong. We've got it active as a back up in case pp pull support for ecig vendors like they did in the US

I don't know about google checkout but google marketplace, adsense and adwords don't like egis or anything related so I imagine their payment gateway is much the same.

Like I say, with coinbase you don't buy a load of bit coins you just buy the amount you need for the order.

 

[stealthvape]

Card payments might also become similarly problematic as it depends on the T&C of the gateway, I think a few of them already exclude ecigs - which are clearly tobacco...
@Dexter, thanks for that, I guess their support email will just confirm this.

Now I may have had a breakthrough on my own account having been speaking to someone clearly higher up. I have been told this afternoon that I can remove PayPal Here from my account and with that they are willing to restore my account to one with no rolling reserve, when this is likely to happen I am unsure though - the main thing is I can access my sales monies from December and so far this year.

Fingers crossed it is soon as I have run out of stock in more juices this afternoon.

The beers will be on you this weekend then Imagine how much money they must have in reserves, perhaps it's company policy to try to impose the 30 day thing as a lot of people would just take it on the chin