pazza83
commented
3 years ago BitRefill has been scored for inclusion to Bisq:
| Essential | Desirable | Definite No’s |
|---|---|---|
| Very low risk of chargeback | ||
| Way to verify the sender in the received payment and ability to enter a reference | ||
| Instant payment | ||
| Multi-currency | ||
| Significant user base | ||
| High usability and great user experience | **< high amount usability~~ | |
| No KYC required for sending and receiving payments, allows users to trade with upmost privacy. Minimal identifying information as possible (no names, email, phone etc required) | ||
| Low risk of scam attempts | ||
| Traders can provide evidence of payment / receipt | ||
| No minimum limits | ||
| Large payment limits up to 2 BTC | ||
| Likely to increase liquidity and open markets for different countries and currencies | ||
| Low risk of mediation | ||
| Low risk for traders from government agencies | ||
| No fees for transactions | ||
| No changes needed to trade protocol |
Score: 26/32 Percentage: 81.25%
Liisachan
BitRefill
BitRefill Website BitRefill Youtube BitRefill Terms BitRefill Twitter Video tutorials in multiple languages
Background
Bitrefill aims to let people live on cryptocurrency more easily. They provide lots of gift cards, prepaid mobile refills, and Lightning networking services that can be purchased using Bitcoin and other cryptocurrencies worldwide.
A number of users have asked if BitRefill can be added as a payment method.
Recently @prayank23 made a comment about BitRefill being used by people in India to sell their crypto using BitRefill as an alternative to exchanges. I think this is an interesting use case for this payment method.
There might also be more ways that Bisq users would find BitRefill useful.
Why
Bitrefill is the largest and most established service of it's type.
Region
Bitrefill is available in over 170 countries
Currencies
Multi-currency fiat vouchers Multiple cryptocurrencies accepted for payment
Chargeback risk
Low
Size of user base
Unknown, they started in 2014.
Data requirements
To send a voucher to someone you enter a name and email address.
Verification
TLSNotary on website.
Also email confirmations are sent to both parties.
Duration
Instant
Fees
It is free to send and receive.
Fraud risk
Low
Payment amounts
Unknown. BitRefill state:
Additional information
If added I am not entirely sure how the gift card selected would be chosen. It might be a bit messy to have to agree it on every purchase. Maybe when creating the account you can specify what voucher you would like. There is also a BitRefill voucher which is interchangeable into any other BitRefill voucher but these are only available in EUR and USD.
It would be good to hear from anyone with any ideas on how this could be used.