Comment · Fri, July 29, 2022 · ND Owner
Crypto payments
Original post in this thread
TurquoiseGroundhog · 1 points
Tried to check out, does not give an option to do crypto payments.
Was going to ask if it was possible to partial pay or buy a gift certificate with crypto, since I have a little bit left over but not enough to cover a full order.
What they were answering
Direct reply to the original post — see the thread post above.
u/MisterYouAreSoDumb · ND Owner
Unfortunately Coinpayments randomly pulled out of the United States with very little notice. We had to get all our crypto out of there and shut it down in like 8 days. We did not get a clear reason as to why, but I think it is due to recent FinCen requirements that all crypto processors regularly report held assets of all ultimate beneficial owners that are US citizens. That's a big task, so I think they decided to just sever ties with any US citizen instead of putting systems in place to comply with the FinCen requirements. We are trying to figure out an alternate, but we waited years for Coinpayments to finally get a good Bigcommerce integration, and now that we actually have it they pull out... Super shitty.