We already shipped decentralised payments.
Now we’re launching another product: Resmic Stores, the Shopify that can never terminate you!
Instant payouts. No KYC.
Founding 20 merchants get lifetime free + custom handle. List closes soooon!
Just DM @0xResmic
Stablecoins have done $46 trillion in total transaction volume in the last year.
That’s >20x the volume of PayPal;
~ 3x the volume of Visa
Source: https://t.co/86dpxBIgAz
Man. @Shopify really sucks if you’re a scaling business, doesn’t it?
Black Friday payouts held arbitrarily till Monday, yet withdrawals hit today.
Make it make sense.
This is why we're building @0xResmic Stores:
No terminations, instant crypto payouts on our live rails. Founding spots open, DM us.
https://t.co/fbzOxA5i7K
Shopify just took me down again, CB rate was about 0.2-0.3% for CNP and digital wallets, was about 2% thanks to paypal wallet being so lenient with the inquiries, I've had 5-6 chargebacks in a few thousand orders
I've spoken with their support team and they told me themselves that paypal wallet doesn't count for your overall chargwback rate and that's other division (allegedly verified by the payments team), took their advice, lost $350k (of profit) last 3 months, im not even a millionaire, but I wouldn't be very far away if this guys wouldn't be ruining my dreams, was on pace of doing my biggest day ever too, so fucking unfair man.
Not expecting anything man, just want to quit at this point ngl, will disappear for a few months, 3 months since I haven't had a single shopify payout investing multi 6 figs in adspend without getting a cent back, it took them 50 days to reply me why my first ever payout was cancelled (have also other $210k on hold)
I swear somwthing, If I don't get this solved in the next 24h, I will never be using shopify payments again, that's for sure, living in fear with a 0.2% chargeback rate is not normal, other friend was down too with the same cb rate recently, please tag them so they can see this and hopefully something happens, im not expecting anything good tbh, anyways, see you soon.
The miscommunication by shopify team costed me a third of an M, nobody is gonna be held responsible or accountable for this, just me, it's actually fucking wild
Take me as an example of what not to do; I've gone bankrupt because I had PayPal Wallet activated following the advice of the Shopify team. If I hadn't listened to them and if they had left the legacy PayPal option activated, I would be operating peacefully (they're going towards a monopoly model where you can only use them and their integrations). Right now, I wouldn't have to deal with any of this and these headaches.
Anyways, happy scaling to everyone
@tobi@harleyf@ShopifySupport
🚀 New feature live on @0xResmic PRO QuickLinks!
Create customisable, shareable crypto payment links in seconds.
Manage, share & track all your payments with real-time updates ⚡
👉 Accept crypto seamlessly with QuickLinks. #Web3#CryptoPayments