Stealing directly from Satoshi's original paper:
Commerce on the Internet has come to rely almost exclusively on
financial institutions serving as trusted third parties to process
electronic payments. While the system works well enough for most
transactions, it still suffers from the inherent weaknesses of the
trust based model. Completely non-...
You could have the customer send a message signed with the Bitcoin address used. This can be done with most Bitcoin clients or with most of the online wallets. This proves they have access to the private key for that address and are the owner.
Where they send the email from is not important as long as you can verify the message.
And Blockchain.info has added Facebook "pay a friend" feature.
Another method -- for requesting funds is:
Another thread on this topic:
Under "Payment methods not allowed on eBay" we can see:
Send cash or money orders through instant, point-to-point cash transfer services (that are not banks) such as Western Union or MoneyGram
Pay using online or other payment methods not specifically permitted in this policy
So we have two points against using Bitcoins, technically making it a ...
Regarding this question, its probably worthwhile to check out Bittunes. The company was started in May 2013 with the mission to enable the monetization of file sharing with Bitcoin. The significance of this is that it is not about just using Bitcoin as a way to buy music, but actually incentivising buys (fans) to serve as a new kind of distribution channel ...
I host two bitcoind RPMs (i686, x86_64) on my website which will most likely work fine for you, as they're built for CentOS 6.4. Run this command to install bitcoind :
rpm -ivh http://tvdw.eu/bitcoin-0.8.1-1.el6.`uname -m`.rpm
If you want to download them manually, the files are:
The best way is to generate a new bitcoin address for each order. When the customer wants to check out, you display this address to the customer. You also store this address in your database, associated with this particular order. Once you see (by checking the blockchain) that the proper payment amount has been made to this address, and after waiting for ...
http://CheaperInbitcoins.com You can buy or sell as many items as you want for free, you only pay for upgrades. You can sell items anonymously and as the owner I can vouch for my self and say that we are incorporating our website with an up and coming Web Of Trust ratings system to provide safe, secure and anonymous person to person transactions.
BitPay appears to have an all-in-one solution that allows you to set up a store checkout in a lot of different currencies that will be handled through the use of Bitcoins. As I don't have a hands-on experience with that, I can't vouch for how the system works.
Another convenient way of setting up a payment system would be to use BitInstant which allows a ...
I would suggest integrating https://bitpay.com/
They charge you like any other service but they do all the payment stuff. Also they have plugins for most open source shopping carts Bitpay plugins
Also keep you wallet offline to avoid problems.
I made something exactly like what you need with sample code to be used with electrum bitcoin client. check it here. https://bitcointalk.org/index.php?topic=220494.0
I have been busy to develop it further but eventually I will get to it ^_^.
Enjoy and please share feedback.
If for some reason you don't want to create multiple bitcoin addresses*, you can use this arrangement:
Customer is given your single bitcoin address and a unique invoice number. The invoice number doesn't have to be secret just unique.
Customer is required to pay from a bitcoin address they have the private key for. Until they pay they don't have to tell ...
All Bitcoin transactions are publicly available. This is fundamentally why Bitcoin can work as a truly decentralized currency. Bitcoin is different from the traditional banking system specifically because anybody can see and validate everyone's transactions. If only a few could access the information about people's balance, then it wouldn't be fully ...
Further to @StevenRoose's answer, if you price your goods or services in a non-Bitcoin currency (eg USD), then it's not necessarily a simple matter of looking at a single exchange's best Buy offer to obtain the exchange rate for a transaction.
For example, let's say the customer wants to purchase a US$1000 item, and the best Buy offer on the MtGox exchange ...
Currently still, most companies want to receive in fiat currency. Most of these merchant payment companies function as a man-in-the-middle, so that you don't have to be concerned about anything Bitcoin-related.
They provide functionality with which your customers can purchase goods using Bitcoin and you will receive all payments in your fiat currency of ...
RevokeSSL requires one of the following:
certificates signed by CAs that are willing to include extra information in what they sign.
This is because there is a false revocation attack available if the certificate does not contain the information (the address that's going to be used to create the verification transaction) needed for ...
I wrote a very basic webshop using Armory that does a lot of what you're talking about, though in Flask:
The sensible way to go about doing this would be to run your own bitcoin node so you can be notified whenever payment is sent to the address. You can, of course, use an SPV server (...
Your question indicates some experience with bitcoin, so I am going to be very technical. You may want to look up "smart contracts" as keywords. In the bitcoin world we talk about checklocktimeverify and checksequenceverify, together with some multisig (as escrow service). There are many examples, e.g. here (this is basically what I posted in bitcointalk):
It depends on where your head is, and what your level of skill happens to be.
You could actually run something like BitEscrow, and integrate it into your site. Or you could run a full on copy of Bitcoind, that would do the job without a payment processor. Of course, that requires thinking about things like security, which you might not want to do.
On the ...