Difference between revisions of "Amazon eGift card"

From Bisq Wiki
Jump to navigation Jump to search
(edit language and styling to be more concise)
Line 1: Line 1:
−
'''Amazon eGift Cards''' are a payment method on Bisq.
+
'''Amazon eGift Cards''' are one of the more private payment methods on Bisq. They tend to be quick and convenient, but funds must be spent on Amazon.
−
 
 
−
=== Payment method summary ===
 
−
<br>
 
−
Here is a brief summary of the features of Amazon eGift Cards as payment methods on Bisq:
 
  
 
{| class="wikitable"
 
{| class="wikitable"
 
|-
 
|-
−
| Chargeback risk || Low
+
| '''Chargeback risk''' || Low
 
|-
 
|-
−
| Privacy protection || Very high
+
| '''Privacy protection''' || Very high
 
|-
 
|-
−
| Duration || 24 hours. Payment is immediate (as fast as an email)
+
| '''Trade period''' || 24 hours (payment is immediate, as fast as an email)
 
|-
 
|-
−
| Regions || Countries as below
+
| '''Regions''' || Countries listed below
 
|-
 
|-
−
| Amazon Fees || No fees
+
| '''Amazon fees''' || No fees
 
|-
 
|-
−
| Verifiable || High
+
| '''Verifiability''' || High
 
|-
 
|-
−
| Fraud risk || Low
+
| '''Fraud risk''' || Low
 
|-
 
|-
−
| Number of Worldwide Amazon users || 300 million
+
| '''Number of worldwide Amazon users''' || ~300 million
 
|}
 
|}
  
−
=== What countries are Amazon eGift Cards available in?  ===
+
__TOC__
−
<br>
 
−
Amazon eGift Cards are available in the following countries and regions:
 
  
 +
== Regional Availability  ==
 +
 +
Amazon eGift Cards are available in the following regions:
  
 
{| class="wikitable"
 
{| class="wikitable"
Line 56: Line 53:
 
|}
 
|}
  
 +
== Adding as Payment Account in Bisq  ==
  
−
=== Are Amazon eGift Cards a multi-currency payment method?  ===
+
To add Amazon eGift Cards as a payment method in Bisq, go to <code>Account</code> > <code>National Currency Accounts</code> > <code>Add New Account</code>, and then select 'Amazon eGift Card' in the drop-down.
−
<br>
 
−
No, Amazon eGift Cards are not a multi-currency payment option.
 
−
<br>
 
−
A user must create an Amazon eGift Card payment account for each currency they wish to place an offer on.
 
−
<br>
 
−
Amazon eGift Cards are only able to be redeemed on the website they were purchased from. For example to redeem a gift card on Amazon.jp, it must have been purchased on Amazon.jp.
 
−
<br>
 
−
See other details on [https://www.amazon.com/Amazon-1_US_Email-eGift-Card/dp/B004LLIKVU Amazon's product page].
 
  
−
=== How do I add Amazon eGift Cards as a payment method in Bisq? ===
+
{{Admonition_Note | You can trade across currencies by creating Amazon eGift Card payment accounts in Bisq for each currency you wish to trade in, and then purchasing gift cards from the website corresponding to the region for that currency to settle trades.
−
<br>
 
−
To add Amazon eGift Cards as a payment method in Bisq in the client go to > Account > National Currency Accounts > Add New Account > Then select 'Amazon eGift Card '
 
  
−
[[File:Amazon eGift Card - Adding to Bisq.png|800px|thumb|center]]
+
'''Amazon eGift Cards can only be redeemed on the website they were purchased from.''' For example, to redeem a gift card on Amazon.jp, it must have been purchased on Amazon.jp. See more details on [https://www.amazon.com/Amazon-1_US_Email-eGift-Card/dp/B004LLIKVU Amazon's product page].}}
  
−
You then have the option of selecting if you would like your account linked to your email or phone number.
+
You can fill in an email address or a phone number:
  
−
The choice of email or phone only affects how the Seller of Bitcoin will receive the eGift Card. If you select email an email will be sent. If you select a phone number a text message will be sent.
+
# Which one you pick (email address or phone number) only affects how the bitcoin seller will receive the eGift Card (i.e., via email or text message)
 +
# The phone number or email address provided here does not need to be linked to your Amazon account. Once the bitcoin seller has received the eGift Card, they can add it to any Amazon account.
  
−
The phone number or email does not need to be linked to your Amazon account. Once  Seller of Bitcoin has received the eGift Card they can add it to any Amazon account.
+
[[File:Amazon eGift Card - Adding to Bisq.png|800px|thumb|left|Creating an Amazon eGift card payment account in Bisq.]]
  
−
=== Completing a purchase of Bitcoin on Amazon using eGift Cards ===
+
<br clear=all>
−
<br>
 
−
The following Steps are show from the Buyer of Bitcoin perspective. They need to send the Seller an eGift Card.
 
  
−
=== Step 1 - Log in to Amazon ===
+
== Buying bitcoin with an Amazon eGift Card ==
−
<br>
 
−
First step is to log into the respective account of the currency you have agreed to purchase the Bitcoin in. Your Amazon account is able to log into all the above countries.
 
  
−
[[File:1 log in to Amazon.png|800px|thumb|center|step 1: log in to amazon]]
+
=== Step 1. Log in to Amazon ===
  
−
=== Step 2 - Customize eGift card ===
+
First, log in to the Amazon website you'll be buying the eGift card on. You should be able to use your existing Amazon account to log in to any Amazon site (e.g. you can sign in to amazon.de using an account created on amazon.com).
−
<br>
 
−
To mitigate the risks of an Amazon purchase being seen as suspicious it is advised to customize the eGift Card.  
 
  
−
[[File:2 Customize eGift card.png|800px|thumb|center|step 2: customize egift card]]
+
=== Step 2. Customize eGift card ===
  
−
=== Step 3 - Select your eGift Card ===
+
It's recommended to customize the eGift Card to reduce the chances the gift card is seen as suspicious. Feel free to customize the card design, message, etc. Just remember not to include anything about Bisq or bitcoin anywhere.
−
<br>
 
−
Select an eGift Card design you think your counter party will appreciate the most. There are lots of options to choose from. An eGift Card for all occasions.  
 
−
[[File:3 Select your design.png|800px|thumb|center|step 3: select your design]]
 
  
−
=== Step 4 - Enter all details ===
+
* '''Amount''': Choose the amount of fiat to send that matches your trade amount.
−
<br>
+
* '''Delivery''': Email address or phone number of the seller
−
Enter the following details:
+
* '''To''': sender information. It's highly recommended that you enter the email address or phone number in your own Amazon payment account on Bisq, so the seller can then cross-reference it and more confidently accept your payment.
 +
* '''Message''': This is where you enter your trade ID, but please add more information than just the trade ID. The example in the image below disguises the trade ID as a key code, but you could choose anything. Be creative. Again, just remember not to include anything about Bisq or bitcoin anywhere, or anything that would seem strange or out-of-place for an Amazon gift card.
  
−
* Amount: Choose the amount of fiat to send that matches your trade amount.
+
[[File:4 Enter all details.png|800px|thumb|left|Customize your gift card.]]
−
* Delivery: Email or text message (base this on your counter payment details)
 
−
* To: who you want the eGift showing as from. I would advise entering the phone number or email that you have also set your Bisq Amazon account up with.
 
−
* Message: Enter a message. This is where you enter your Trade ID. Please add more information than Trade ID only. In the image I have tried to disguise the Trade ID as beign a key code, but you could choose anything. Be creative. Try and choose something that will make your counterparty smile!
 
  
−
[[File:4 Enter all details.png|800px|thumb|center|step 4: enter all details]]
+
<br clear=all>
  
−
=== Step 5 - Make Payment  ===
+
=== Step 3. Make Payment  ===
−
<br>
 
−
Now you can make payment. Debit and credit cards are welcome. Please note you are unable to pay for eGift Cards with other eGift Cards or any other Amazon credit balance.
 
−
<br>
 
−
Your payment details will NOT be shared with the Seller. The only information they see if the information you choose to enter in Step 4.
 
−
<br>
 
−
After payment you will be sent an Email receipt from Amazon for your purchase. Keep this in case of any issues.
 
−
<br>
 
−
Should the Seller not receive there email or text message you have the option to request Amazon to resend the Email or text. This is done from your recent orders section in Amazon.
 
  
−
=== Step 6 - Seller receives email or Text  ===
+
After your card is ready go, you just have to pay for it! Amazon accepts debit and credit cards, but you cannot pay for an eGift card with another eGift card (or any other Amazon credit balance).
−
<br>
+
 
−
Once the Buyer has completed the above steps they will receive an Email or text message, depending on the option they selected when setting up their account in Bisq.
+
Note: your payment details will NOT be shared with the Seller. The only information they will see is the information you entered to customize the gift card in step 2.
−
<br>
+
 
−
Seller can then check the amount, trade ID etc.
+
After paying, you'll receive an email receipt from Amazon—make sure you keep this email in case of any issues!
−
<br>
+
 
−
When happy they can confirm payment in the Bisq client. Amazon also provider the Seller with an option to send the Buyer an eGift acknowledgement. This will be sent to their email by Amazon.
+
Then make sure you mark your payment as sent in Bisq.
−
+
 
−
=== Summary ===
+
=== Step 4. Seller Gets Notification  ===
−
<br>
+
 
−
Amazon eGift Cards are one of the most private ways of buying or selling Bitcoin on Bisq. It is quick and convenient.
+
Once the buyer sends the gift card, the seller will receive an email or SMS message letting them know about their gift card.
−
<br>
 
−
The negatives, are funds have to be spent within Amazon. You cannot get the funds off Amazon without purchasing anything.
 
−
<br>
 
−
For that reason it is likely Amazon eGift Cards will attract a larger premium than most other payment methods.  
 
  
−
<br><br><br>
+
{{Admonition_Note|If the seller didn't receive a notification, you can have Amazon send another notification (email or SMS) from the Recent Orders section on Amazon.}}
  
 +
Upon checking the payment (making sure it's the right amount, includes the correct trade ID, etc), the seller must confirm the payment in Bisq to complete the trade.
  
−
Go back to [[payment methods]].
+
Optionally, the seller can also acknowledge the gift card through Amazon, which would send the buyer an email letting them know the seller has received their gift card.
 +
 +
== See also ==
 +
* [[Payment methods]]
  
 
[[Category:Features]]
 
[[Category:Features]]

Revision as of 22:14, 18 December 2020

Amazon eGift Cards are one of the more private payment methods on Bisq. They tend to be quick and convenient, but funds must be spent on Amazon.

Chargeback risk Low
Privacy protection Very high
Trade period 24 hours (payment is immediate, as fast as an email)
Regions Countries listed below
Amazon fees No fees
Verifiability High
Fraud risk Low
Number of worldwide Amazon users ~300 million

Regional Availability

Amazon eGift Cards are available in the following regions:

Country Currency Website
Australia AUS https://www.amazon.com.au
Canada CAD https://www.amazon.ca
Europe EUR Multiple websites (.fr, .de, etc)
United Kingdom GBP https://www.amazon.co.uk
India INR https://www.amazon.in
Japan JPY https://www.amazon.co.jp
Saudi Arabia SAR https://www.amazon.sa
Sweden SEK https://www.amazon.se
Singapore SGD https://www.amazon.sg
Turkey TRY https://www.amazon.com.tr
United States USD https://www.amazon.com

Adding as Payment Account in Bisq

To add Amazon eGift Cards as a payment method in Bisq, go to Account > National Currency Accounts > Add New Account, and then select 'Amazon eGift Card' in the drop-down.

Note
 You can trade across currencies by creating Amazon eGift Card payment accounts in Bisq for each currency you wish to trade in, and then purchasing gift cards from the website corresponding to the region for that currency to settle trades.

Amazon eGift Cards can only be redeemed on the website they were purchased from. For example, to redeem a gift card on Amazon.jp, it must have been purchased on Amazon.jp. See more details on Amazon's product page.

You can fill in an email address or a phone number:

  1. Which one you pick (email address or phone number) only affects how the bitcoin seller will receive the eGift Card (i.e., via email or text message)
  2. The phone number or email address provided here does not need to be linked to your Amazon account. Once the bitcoin seller has received the eGift Card, they can add it to any Amazon account.
Creating an Amazon eGift card payment account in Bisq.


Buying bitcoin with an Amazon eGift Card

Step 1. Log in to Amazon

First, log in to the Amazon website you'll be buying the eGift card on. You should be able to use your existing Amazon account to log in to any Amazon site (e.g. you can sign in to amazon.de using an account created on amazon.com).

Step 2. Customize eGift card

It's recommended to customize the eGift Card to reduce the chances the gift card is seen as suspicious. Feel free to customize the card design, message, etc. Just remember not to include anything about Bisq or bitcoin anywhere.

  • Amount: Choose the amount of fiat to send that matches your trade amount.
  • Delivery: Email address or phone number of the seller
  • To: sender information. It's highly recommended that you enter the email address or phone number in your own Amazon payment account on Bisq, so the seller can then cross-reference it and more confidently accept your payment.
  • Message: This is where you enter your trade ID, but please add more information than just the trade ID. The example in the image below disguises the trade ID as a key code, but you could choose anything. Be creative. Again, just remember not to include anything about Bisq or bitcoin anywhere, or anything that would seem strange or out-of-place for an Amazon gift card.
Customize your gift card.


Step 3. Make Payment

After your card is ready go, you just have to pay for it! Amazon accepts debit and credit cards, but you cannot pay for an eGift card with another eGift card (or any other Amazon credit balance).

Note: your payment details will NOT be shared with the Seller. The only information they will see is the information you entered to customize the gift card in step 2.

After paying, you'll receive an email receipt from Amazon—make sure you keep this email in case of any issues!

Then make sure you mark your payment as sent in Bisq.

Step 4. Seller Gets Notification

Once the buyer sends the gift card, the seller will receive an email or SMS message letting them know about their gift card.

Note
 If the seller didn't receive a notification, you can have Amazon send another notification (email or SMS) from the Recent Orders section on Amazon.

Upon checking the payment (making sure it's the right amount, includes the correct trade ID, etc), the seller must confirm the payment in Bisq to complete the trade.

Optionally, the seller can also acknowledge the gift card through Amazon, which would send the buyer an email letting them know the seller has received their gift card.

See also

Retrieved from "https://bisq.wiki/index.php?title=Amazon_eGift_card&oldid=1991"