[dcc1]

"Just like sending funds to bank accounts, a transfer to a debit card costs 25¢ and will arrive in the card’s bank account in 1-2 business days. As always, you’ll need to verify your recipient’s identity.

While we can only support U.S. Visa and MasterCard debit cards at the moment, we’re actively working to bring our transfers API to our users in other countries."

.... uhm or just use bitcoin ...

[pc]

Right now, most of our marketplaces' sellers seem to prefer using their regular bank accounts rather than Bitcoin. But if/when the Bitcoin revolution happens, we'll enthusiastically support that too. (We're running a Bitcoin acceptance beta right now: https://stripe.com/bitcoin)

[applecore]

> Right now, most of our marketplaces' sellers seem to prefer using their regular bank accounts rather than Bitcoin.

Understatement of the year.

[tomblomfield]

Sure, if most of your users are part of the <0.01% of the world who has a bitcoin wallet.

For the rest of us, this could be pretty interesting.

[bnzelener]

It's tough to use Bitcoin seriously on a day to day basis when the value fluctuates so much. Yes, there are security advantages and there's less transactional friction. But that friction has a value, and it's way overshadowed by the volatility of the currency (today).

[latchkey]

This is why many merchants opt to immediately convert to fiat. Bitpay does this.

[vidarh]

In Europe at least I'd expect it to be a total non-starter.

For starters, there's a ton of alternatives, but more importantly giving out the debit card number is high risk - much worse even than handing out your credit card details (getting charges dropped / charged back is much more effort with a debit card) - whereas giving out your bank account details is not (if bank lets anyone do anything other than depositing money in your account with just your account details, the liability is entirely on them).

And for most transfers within the EU, you can do an online electronic transfer and get the money to the recipient in <2 hours - very often in less than 10 minutes.

[tjmc]

Same in Australia. It always amazes me how archaic the US banking system is - particularly the continued use of checks. When my wife (then girlfriend) saw that I owned a check book here in Oz she burst out laughing and called me an old man. That was a decade ago.