Forgetting the Myth of "Ease of Integration" When Selling Digital Products with Bitcoin
The article discusses the challenges faced by digital product creators when trying to integrate Bitcoin payments due to limitations of traditional payment gateways. It highlights the author's decision to build a custom payment processor to overcome issues related to scalability, security, and transaction costs. The experience emphasizes the importance of having control over payment systems for successful global sales.
- ▪Many digital product creators struggle with payment gateways that do not support international transactions due to regulations.
- ▪The author initially attempted to use popular libraries for Bitcoin integration but faced significant issues with scalability and security.
- ▪After creating a custom payment processor, transaction processing times improved dramatically, and security was enhanced without relying on intermediaries.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3942594) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } pretty ncube Posted on May 21 Forgetting the Myth of "Ease of Integration" When Selling Digital Products with Bitcoin #webdev #programming #rust #performance The Problem We Were Actually Solving We had a digital product that we were eager to sell to customers worldwide. However, our chosen payment gateway refused to support international transactions, citing anti-money laundering (AML) and know-your-customer (KYC) regulations.
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