bitcoinpay.com any reviews please

[negon]

I'm looking for reviews on bitcoinpay.com please post here if you have used them or have otherwise experience with this Bitcoin processor.

I just signed up for my BitCoinPay.Com account using an e-mail address an password.

The account setup process is pretty easy so I add my website and details about what it is I'm selling and my business model. The status shows immediately as Approved! Now I was wondering will they check my website and let me know if the site is indeed approved and in compliance with their accepted business policy or are they like some of the many other payment processors out there which check the account once payment is in the account and then block it?

Their website can be found here http://www.bitcoinpay.com

 

[JohnSeed]

I can only find this one SCAM review http://bitcoinpay-scam.blogspot.nl/ about them

 

[JohnLocke]

@auric you may start slowly with them. Did you contact them to ask for a review of your business?

 

[negon]

Contacted them, no reply

 

[negon]

Still no reply lol.. seems they have no interest to get any new customers there!

 

[yuseff]

so are they scam? what is the verdict?

 

[kolagin]

They are not a scam I have used them for small amounts since 3 months working for me.

 

[yuseff]

are you taking settlements in bitcoins or u have connected a bank account?

 

[negon]

so are they scam? what is the verdict?

Got a reply. They are responding fast once you have a contact there! They don't seem to me like a scam but more a "new" company that entered into something where there is a high demand for their service. The verification process is OK and looks professional but too professional for me I stoped the process with them.

 

[kolagin]

are you taking settlements in bitcoins or u have connected a bank account?

taking bitcoins and get settled in EURO no problem so far. Connected Cyprus bank account trouble free.

 

[yuseff]

were you able to settle large sums/ transactions?

 

[suzy]

You need to be careful with this provider, again it is a unlicensed operation so you never know when they fly!

 

[kolagin]

were you able to settle large sums/ transactions?

What you mean large sums? I have transferred 1800 euro so far.