Shopify Payments Rejected

I’ve been working in my spare time to launch a new e-commerce website. My GPU rigs that mine Ethereum have been selling on eBay and I figured it was time to branch out and open up a couple more sales channels.

I bought the domain, and looked for an easy to setup e-commerce solution. I somehow managed to settle on Shopify, after some conversations with a friend of mine that runs a guitar builders online store on Shopify.

I signed up, opted for the $30 a month plan, and spent more than a few hours getting used to their interface, layouts, theme customization, product creation, collections, and the usual stuff you would do to set up your online business. After a couple weeks, I revised my eBay listings to reflect the new domain and branding. Things were looking good, SEO was taking effect and I was generating organic search results from Google.

A couple of days ago, I received an inquiry on eBay from a customer that wanted to purchase a rig where he worked, his employer did not want to go through ebay so he pointed out shipping problem with my Shopify cart. I fixed the calculation error and signed up for a better processing plan with a rate of 2.6% + $0.30 for each transaction,  plan costs….$79 per month. Shopify billed me and collected their fees. Two days ago, I logged my first sale. A rig sale for $2495.00 + $99 shipping. Sweet.

Not so fast cowboy, it seems that the instant merchant account is not really instant after all. I got this email today.

 

Hello,

Thanks for signing up with Shopify Payments.

I’m afraid that after reviewing your information and website we believe your business presents a level of risk for customer disputes that we will be unable to support with Shopify Payments.

We will transfer your existing payments to you, but will be unable to accept any additional payments on your behalf from Shopify Payments. I’m sorry we won’t be able to help with your business, and if you have any questions, please let us know.

In the meantime, you can simply switch to one of our other payment gateways. Your Shopify account will remain active even though we can’t set you up with Shopify Payments.

Regards,

Jean-Paul
Risk Operations // Shopify

Really? I fired off an email to see what was up, basically asking if there was something missing, or a policy that needed updating or inclusion. Their response? “Unfortunately, your product base and order patterns present a level of risk that our banking partners are not willing to support.”

Order patterns? WTH is that? I had one order, how can that form a pattern?

So, I cannot accept payments to GPUrigs.com using Shopify payments, even though I paid their inflated fees, have been processing payments with Paypal for five years, and 2Checkout.com for three years. They cannot get behind me selling high end mining rigs. Let’s just say I was dumbfounded, Had I known this from the start, I never would have set it up. I would have stuck with WordPress and WooCommerce and my trusty Payment processors that I have been with for years. I can still use shopify with a third party billing solution like Paypal, but whats the point? They are going to whack me another 1-2% on top of Paypal fees. Why would I need Shopify? I can host a site myself, and since I only sell a handful of products, setting up another store is only a few more hours work. Good bye, Shopify.

Hopefully this post will save someone else the heartache and time I wasted on Shopify

What the Ethereum community and investors should do to save the network.

So, the DAO was hacked. Let me repeat that, the DAO was hacked. Not Ethereum. An exploit gave an unscrupulous character the tools need to siphon off Ether at a rate of about 280 per minute into child DAO that they controlled. Attack vectors can be brutal.

However the Ethereum community feels compelled to save the investors from themselves. The bug in the code that allowed the theft to be perpetrated is not a bug in Ethereum. It was a bug in the DAO code. But none of that really matters.

What really matters is the way this is handled moving forward. Decentralized smart contracts suddenly become a lot less valuable if a centralized developer can convince the network to adopt a hard fork.  No, this is not what needs to take place. What needs to happen, and I think we are witnessing it first hand based on trades and price action. It’s been a steady decline in the value of Ethereum over the past couple of weeks. If the attacker cannot access the stolen funds until July 15th, the markets are reacting by dumping Ether.

This of course makes the millions of hacked Ether a lot less valuable. This is what needs to happen. The network can survive a dump to the tune of millions of Ether if the values were much, much lower. A hard fork can also be implemented to increase the supply, further diluting the stolen shares. Quite possibly, there are other alternatives to rolling back all transactions to a point in time before the attack. Which IMO, is to be avoided at all costs.

There I said it, I am against the hard fork, roll back approach. Close the DAO, its useless as it stands. Roll a patch if it can be fixed and move on from this heist. Let’s just all pull together and push the price down so that whatever the thief makes off with is a whole lot less valuable than it is at this point in time. ETH = .01537 Currently.

I would love to hear some commentary on differing points of view, not just the typical fork or don’t fork debate. That’s been covered repeatedly elsewhere.  Let’s hear some alternative approaches to keep the community integrity and decentralized nature intact.

Roku Not connecting to the Internet

The quick fix: make sure your router’s DNS settings are properly set to an External IP address. If DNS1 or DNS2 show  up as internal IPs such as: 192.168.1.x, then your Roku won’t connect to the Internet.

Big props for finally cutting the cord! Streaming content is the future. Now, most of them time, the Roku device works just fine when you hook it up to your router via wireless or wired connection. However lot’s of users are reporting issues connecting at setup, and others complain of sporadic issues. One issue typically encountered is the auto play of episodes in a series hangs when a segment ends. Here are a couple of options that might help you fix your particular situation.

  1. Check your Wifi’s security settings in your router or hot spot device. Depending on your router and ISP these settings are accessed when setting up Wifi security. Make sure you are using WPA/WPA2 TKIP and not TKIP/AES. There are know compatibily issues with Roku devices and the AES security algorithm. AES is more secure and most people would set their network up to default to AES. Try changing the setting to TKIP and see if it helps. While you are in there, change the network name, to avoid confusion with saved settings. Password does not need to be changed…but you can if you want.
  2. Set your routers Public DNS to Google’s DNS servers. Using static DNS addresses could solve your connection issues. These addresses are 8.8.8.8 and 8.8.4.4. This setup worked for me when my roku refused to play the next episode in a series after finishing an episode.

I’ll add to this if anything else comes to mind or is suggested in the comments.