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Joseph Castillo, the owner of Agora Commodities, now only accepts Bitcoin for online sales, a move that has reduced fraud and improved his service. Castillo talked to Coindesk about his decision, saying that “What we had to do to protect ourselves against card fraud, we no longer have to do with bitcoin – and that saves us on costs.” Customers understood the move and have been working with him to transfer assets via the blockchain rather than the Visa card.

“Gold Dealer Drops Credit Card Payments For Bitcoin” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.