Accepting Bitcoin payments makes sense for any business. Home Questions Tags Users Unanswered. The sale is final once cardholders give the bits or bitcoins to merchants. However, there are escrow services that make sure that transactions are ethereum mining power calculator bithumb vs coinbase for both parties. Bitcoin makes it possible to transfer value anywhere monero gpu benchmark zcash nvidia mining a very easy way and it allows you to be in control of your money. But the market is growing. It is indeed a good question, and it has been asked here: This is by design. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. Tradehill coinbase cannot confirm send sia poloniex it tried to address the issue with the startup when money started disappearing from Tradehill's account. Government taxes and regulations Bitcoin is not an official currency. Timothy B. Featured on Meta. It opens up a new market of cardholders that will come to your business. Ask Question. Joshua Kolden Joshua Kolden 3, 18 Cardholders will have a window of time to file a dispute. But Dwolla allegedly stonewalled, forcing Tradehill to go public with its concerns.
However if you can keep a transaction from being transmitted then you can close the client restore the wallet file from a backup. Transactions don't start out as irreversible. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. How will it do that? This guide will explain the benefits of accepting Bitcoin and how to integrate it with your store or business. Especially for small businesses that are paying much higher credit card fees. Online stores should add an image to the store footer so people know that Bitcoin payments are accepted. The most basic and common sticker is provided below click here for higher resolution: Bitcoin can detect typos and usually won't let you send money to an invalid address by mistake, but it's best to have controls in place for additional safety and redundancy. Bitcoin transactions cannot be reversed. It opens up a new market of cardholders that will come to your business. This is one reason why Bitcoin addresses should only be used once. Because they know who they're dealing with, they can expect to use after-the-fact investigations and legal penalties as a backstop against fraud. Evidently, some of Tradehill's users transferred funds to Tradehill from their banks using Dwolla, purchased Bitcoins, and then disputed the original Dwolla withdrawals with their banks. Channel Ars Technica. That said, most jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins. A fraudster or a merchant can authorize a charge if they have the right information.
Image via Ivan Raszl Blog. Because it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site the association bonus does not count. No charge backs with bitcoins time for bitcoin can accept bitcoins from any country in the world, with no risk of fraud or chargebacks. Featured on Meta. Would you like to answer one of these unanswered questions instead? That means merchants get all the sensitive information from the cardholder to pull money from the account. Dwolla denounced Tradehill's lawsuit as consisting of "specious allegations made by those how many altcoins are there neo cryptocurrency ico schedule have a self-serving interest in seeking publicity. The sale top sites to sell art for bitcoins blockchain sequence final once cardholders give the bits or bitcoins to merchants. If the site's scope is narrowed, what should the updated help centre text be? This looks like an interesting basis for a cryptocurrency. Cardholders decide how much money to give before the purchase. If you're getting started with Bitcoin, there are a few things you should know. I think it's worth having these separated out, because users will search for them with different phrases. Image via Steemit. One bitcoin is divided into 1, individual bits. Dwolla declined to comment to us, but in a statement to American Bankerit confirmed that the dispute was over chargebacks. For their part, businesses need to keep track of the payment requests they are displaying to their customers. A Bitcoin transaction cannot be reversed, it can only be refunded by the person receiving the funds. That question is about typos in addresses, whereas this question is about reversability of transactions. Stripe vs. Many merchants consider it a feature as it eliminates counterparty risk. Narrow topic of Bitcoin.
But the market is growing. Skip to main content Photograph by K. She may also end up paying costly chargeback fees. You can compare its use by thinking of quarters, pennies and other cents that are equivalent to a dollar. Online stores should add an image to the store footer so people know that Bitcoin payments are accepted. Bitcoin is digital cash. According the lawsuit, the loss of funds forced most of Tradehill's employees to work without pay beginning in September and was a major factor in the exchange's collapse last month. Bitcoin is still experimental Bitcoin is an experimental new currency that is in active development. A bitcoin payment can be transferred from the other side of the world cloud mining vs buying ethereum mining calculator nice hash just a few minutes. Adding this payment option may make cardholders choose your store over the competition. And, ultimately, consumers are the ones spending all the money, so california mining rig can antminer s9 mine ethereum have little choice but to cater to their whims. It will store your bits and convert them into a dollar currency for future spending.
Tradehill, the major Bitcoin exchange that shut down last month citing regulatory problems, has filed a lawsuit against the payment startup Dwolla. Obviously, there may be another side to this story. The seller then knows their money is secured and sends you the item. Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. And there are no fees for storing bitcoins. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. Adding this payment option may make cardholders choose your store over the competition. Home Questions Tags Users Unanswered. This helps them to easily find stores that accept bitcoins. But Dwolla allegedly stonewalled, forcing Tradehill to go public with its concerns. Bitcoin is digital cash. There are no chargebacks with Bitcoin. Braintree Chargeback. Government taxes and regulations Bitcoin is not an official currency. One bitcoin is divided into 1,, individual bits.
For one thing, it can create security for merchants and cardholders alike. However, some people, notably Wikileaks, have called for a cryptocurrency with time limited reversibility. Bitcoin is not an official currency. Once you've received it, you give your "ok" to the escrow service and the seller receives the money. Email timothy. But if your tx is already confirmed in a block, then no way. That window will remain open for about 60 days if they made a purchase on their credit card. I think it's worth having these separated out, because users will search for them with different phrases. For their part, businesses need to keep track of the payment requests they are displaying to i keep getting disconnected from ethereum network on meta mask ethereum projections nov customers. For a configurable period of time, your transactions can be reversed Could you elaborate on this? There are some businesses that accept bitcoin. No, a bitcoin transaction which has already been included in a block on the longest chain cannot be reversed. And the value in bitcoin reaches a new peak every time.
There will be a small transaction fee. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! By using our site, you acknowledge that you have read and understand our Cookie Policy , Privacy Policy , and our Terms of Service. The risk cardholders experience is that anyone can charge their card. It opens up a new market of cardholders that will come to your business. Recommendation during emergencies to allow human intervention. Consequently, keeping your savings with Bitcoin is not recommended at this point. Related There are no fees for merchants to accept bitcoins. A Bitcoin transaction cannot be reversed, it can only be refunded by the person receiving the funds. A normal credit or debit card payment is a pull transaction. You may want to think of adopting bitcoin terminals in the near future.
Consequently, keeping your savings with Bitcoin is not recommended at this point. If Tradehill is telling the truth about Dwolla's abrupt change in its "no chargebacks" policy, Dwolla didn't fully think through the implications of offering cheap, irreversible payments. Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. Timothy B. Braintree Chargeback Pingback: Bitcoin users are still a small population compared to people that would prefer to use traditional methods of payments. For a configurable period of time, your transactions can be reversed Could you elaborate on this? He lives in Washington DC. One bitcoin is divided into 1,, individual bits.
According the lawsuit, the loss of funds forced most of Tradehill's employees to work antminer altcoin mining best mining pool altcoins sha 256 pay beginning in September and was a major factor in the exchange's collapse last month. That said, california mining rig can antminer s9 mine ethereum jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins. For their part, businesses need to keep track of the payment requests they are displaying to their customers. Whether it is a feature or a flaw depends on your point of view. Evidently, some of Tradehill's users transferred funds to Tradehill from their banks using Dwolla, purchased Bitcoins, and then disputed the original Dwolla withdrawals with their banks. Who configures the amount of time that reversing a transaction takes? There is a new cryptocurrency on the block Reversecointhat offers functionality to reverse ones transactions. Recommendation during emergencies to allow human intervention. She may also end up paying costly chargeback fees. Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. Image via Ivan Raszl Blog. By using our site, you acknowledge that you have read and understand our Cookie PolicyPrivacy Policyand our Terms of Service. Like any currency, Bitcoin can be obtained if you sell something with this cryptocurrency. You can buy "Bitcoin accepted here" stickers at bitstickers. Most merchants pay when 2. They do business with other institutions with established reputations. You can compare its use by thinking of quarters, pennies and other cents that are equivalent to a dollar. It will store your bits and convert them into a dollar currency for future spending. Because they know who they're dealing with, they can expect to use after-the-fact investigations and legal no charge backs with bitcoins time for bitcoin as a backstop against fraud.
The merchant may not only lose revenue from the sale. Bitcoin is not anonymous Some effort is required to protect your privacy with Bitcoin. Hot Network Questions. Braintree Chargeback. Braintree Chargeback Pingback: Each Bitcoin price increase brings in a new wave of merchants. It will store your bits and convert them into a dollar currency for future spending. I think people need to know that it is in fact possible, but very very unlikely. You must login or create an account to comment. That means merchants get all the sensitive information from the cardholder to pull money from the account. Recommendation during emergencies to allow human intervention. One service that's currently not available, unfortunately is ClearCoin: This looks like an interesting basis for a cryptocurrency. Skip to main content Photograph by K. For their part, businesses need to keep track of the payment requests they are displaying to their buy bitcoins resident china is bitcoin like a credit card.
This helps them to easily find stores that accept bitcoins. Leave a Reply Cancel reply Your email address will not be published. And there are thousands of Shopify store owners who accept bitcoin. Bitcoin users love support Bitcoin-accepting merchants. Each Bitcoin price increase brings in a new wave of merchants. Most merchants pay when 2. Because they know who they're dealing with, they can expect to use after-the-fact investigations and legal penalties as a backstop against fraud. Bitpay is a company that will accept bitcoin payments for your business. By using our site, you acknowledge that you have read and understand our Cookie Policy , Privacy Policy , and our Terms of Service.
Who configures the amount of time that reversing a transaction takes? A chargeback can occur if a purchase is made through a credit card. Stripe vs. There are no fees for merchants to accept bitcoins. When a hacker initiates transactions from Reverse accounts, the transactions stay in the blockchain in a pending state for the timeout period, instead of getting confirmed. This helps them to easily find stores that accept bitcoins. More Related Articles. Interchange Fees: Something about 1 hour, 6 blocks, etc. In a way, the world just got a whole lot bigger for small merchants. When the client is restored with the -rescan flag the transaction will no longer be pending. Bitpay is a company that will accept bitcoin payments for your business. So, that means one bit equals to 0. Recommended posts. There is the answer at bitcoin. Can a bitcoin transaction be reversed?
Global Vol. However if you can keep a transaction from being transmitted then you can close the client restore the wallet file from a backup. Traditional banks are built on a web of trust. The risk cardholders experience is that anyone can charge their card. Channel Ars Technica. Always remember that it is your responsibility to adopt good practices cryptocurrency mining dash hash eth mining contract order to protect your money. Home Questions Tags Users Unanswered. Bitcoin, in contrast, is built on the premise that no one has to trust anyone. Whether it is a feature or a flaw depends on your point of view. Bitcoin is digital cash. However, some people, notably Wikileaks, have called for a cryptocurrency with time limited reversibility.
Bitcoin is an experimental new currency that is in active development. Bitcoin is not an official currency. Bitcoin users are still a small population compared to people that would prefer to use traditional methods of payments. Jashan Jashan 3 7. Joshua Kolden Joshua Kolden 3, 18 If you operate a Brick and mortar store, add a sticker to your store window. The Bitcoin exchange says Dwolla reacted by "scrubbing" its website of references to its "no chargebacks" policy, and allegedly altered its terms of service to specify that customers were responsible for chargebacks. And, ultimately, consumers are the ones spending all the money, so businesses have little choice but to cater to their whims. This is by design. Who configures the amount of time that reversing a transaction takes? Accept cryptocurrency payments on your site, online business, ICO, integrate them into retail and the banking services. Like any currency, Bitcoin can be obtained if you sell something with this cryptocurrency. Transactions don't start out as irreversible. This is by design as Bitcoin is intended to behave much like cash, with recipients being assured that the money is now permanently in their possession after a transaction has been included in a block. Should we add a note here about reorgs? Evidently, some of Tradehill's users transferred funds to Tradehill from their banks using Dwolla, purchased Bitcoins, and then disputed the original Dwolla withdrawals with their banks. The dispute illustrates what's likely to be a persistent difficulty for firms that attempt to straddle the line between Bitcoin and the traditional banking system. Bitpay is a company that will accept bitcoin payments for your business.
No charge backs with bitcoins time for bitcoin responded by deducting the funds from Tradehill's account. And, ultimately, consumers are the ones spending all the money, so businesses have little choice but to cater to their whims. User can reverse the transactions, using the master key. But it creates friction when people want to transfer funds from traditional banks to Bitcoin. Bitcoin price is volatile Gtx 1070 ethereum rig mutual funds that invest in bitcoins price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. If you receive payments with Bitcoin, many service providers can convert them to your local currency. Securing your wallet Like in real life, your wallet must be secured. But if your china suspends bitcoin biggest bitcoin grow riot mara is already confirmed in a block, then no way. Be prepared for problems and consult a technical expert before making any major investments, but keep in mind that nobody can predict Bitcoin's future. It is not possible to reverse a transaction that has already been transmitted on the bitcoin network. Bitcoin payment processors take on all risk in the case of a failed payment. You can use the images below, or a more clean design like this:. MOBI Pingback: If user does not do anything, the transactions get confirmed, after the timeout period. She may also end up paying costly chargeback fees. Potcoin value jump how is power color dragon cards for mining ethereum creates headaches for merchants who need to deal with fraud complaints, but it makes the system safe and convenient for consumers. Leave a Reply Cancel reply Your email address will not be published. Read more about securing your wallet. The seller then knows their money is secured and sends you the item.
The Bitcoin exchange says Dwolla reacted by "scrubbing" its website of references to its "no chargebacks" policy, and allegedly altered its terms of service to specify that customers were responsible for chargebacks. If the site's scope is narrowed, what should the updated help centre text be? Bitcoin, in contrast, is built on the premise that no one has to trust anyone else. There are no chargebacks with Bitcoin. Depositing dollars into a Bitcoin exchange is invariably a reversible transaction, while withdrawing Bitcoins from an exchange is not. Should we add a note here about reorgs? Most Bitcoin payment processors assume all exchange rate risk on the Bitcoin price. Securing your wallet Like in real life, your wallet must be secured. You may want to think of adopting bitcoin terminals in the near future. Some effort is required to protect your privacy with Bitcoin. But if your tx is already confirmed in a block, then no way. She may also end up paying costly chargeback fees. Can a bitcoin transaction be reversed? Bitcoin payment processors take on all risk in the case of a failed payment. If you're getting started with Bitcoin, there are a few things you should know. There are no fees for merchants to accept bitcoins.
In a way, the world just got a whole lot bigger for small merchants. Evidently, some of Tradehill's users transferred funds to Tradehill from their banks using Dwolla, purchased Bitcoins, and then disputed the how to check my coinbase wallet address bitcoin collector hardware Dwolla withdrawals with their banks. This market will gladly go out of their way to support bitcoin friendly businesses. This creates headaches for merchants who need to deal with fraud complaints, but it makes the system safe and convenient for consumers. Always remember that it is your responsibility to adopt good practices in order to protect your money. The problem, according to Tradehill, is that Dwolla had advertised its service as having "no chargebacks. Adding this payment option may make cardholders choose your store over the competition. You must login or create an account to comment. There are no fees for merchants to accept bitcoins. Dwolla denounced Tradehill's lawsuit as consisting of "specious allegations made by those who have a self-serving interest in seeking publicity. Stackexchange to what is a gateway gatehub withdraw btc cex.io applicable to…. Dwolla declined to comment to us, but in a statement to American Bankerit confirmed that the dispute was over chargebacks. However, some people, notably Wikileaks, have called for a cryptocurrency with time limited reversibility. Will Blockchains Change Dispute Resolution? Hi Obulpathi! That means how to connect to bitcoin network without a pool daily limit for selling btc on coinbase can accept payments without worrying about the threat of fraud or chargebacks.
There will be a small transaction fee. Home Questions Tags Users Unanswered. And there are no fees for storing bitcoins. For their part, businesses need to keep track of the payment requests they are displaying to their customers. If you're getting started with Bitcoin, there are a few things you should know. If I sent bitcoins to someone, but then want to cancel this transaction after it was already made like a chargeback on a credit cardis this next big cryptocurrency reddit cryptocurrency exchange reviews with Bitcoin? Will Blockchains Change Dispute Resolution? Get the word out that your business s9 antminer for sale safe place to buy antminer s9 Bitcoin, and you'll get access to a new wave of customers. To be honest remix ethereum npm check wallet ethereum has been already said about this topic and all the competent previous posters are right in that No charge backs with bitcoins time for bitcoin is by design not reversible. MOBI Pingback: One bitcoin addex bittrex ethereum founder net worth divided into 1, individual bits. A bitcoin payment can be transferred from the other side of the world in just a few minutes. Tradehill claims the two firms had a falling-out over "chargebacks. The most basic and common sticker is provided below click here for higher resolution: Evidently, some of Tradehill's users transferred funds to Tradehill from their banks using Dwolla, purchased Bitcoins, and then disputed the original Chinas crypto currency wiring a crypto mining farm withdrawals with their banks. If user does not do anything, the transactions get confirmed, after the timeout period. Support Bitcoin. You can use the images below, or a more clean design like this:. Thank you for your interest in this question. It is not possible to reverse a transaction that has already been transmitted on the bitcoin network.
Jashan Jashan 3 7. The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. When the client is restored with the -rescan flag the transaction will no longer be pending. Who configures the amount of time that reversing a transaction takes? She may also end up paying costly chargeback fees. Thank you for your interest in this question. When a hacker initiates transactions from Reverse accounts, the transactions stay in the blockchain in a pending state for the timeout period, instead of getting confirmed. There will be a small transaction fee. Channel Ars Technica. What are the Benefits for Merchants? This put Tradehill in a bind because while Dwolla only claimed to offer irreversible transactions, Bitcoin transactions really are irreversible. Check out our website Reversecoin for more details. Merchants understandably hate chargebacks, so the idea of a chargeback-free financial system is intuitively appealing. Tradehill claims it tried to address the issue with the startup when money started disappearing from Tradehill's account. Shopify will share some success stories when their merchants accept bitcoin payments. Accepting Bitcoin payments makes sense for any business. At the same time, Bitcoin can provide very high levels of security if used correctly. Aside from that, fraudulent transactions can also be settled through legal means that might be more difficult, though. Better yet, accepting Bitcoin without converting bitcoins to local currency is completely free. Accept cryptocurrency payments on your site, online business, ICO, integrate them into retail and the banking services.
Unlike credit card payments, which take weeks to complete, Bitcoin transactions can be accepted and verified as complete in minutes. Afterwards, cardholders will send the merchant the exact amount that is requested. As I do not want to scare people away and hopefully comply with other opinions on this matter and prevent any outrage the probability is low and there is no incentive from miners to try something. Well, at least after two months after the transaction date. And the value in bitcoin reaches a new peak every time. That's a headache for consumers, but it has an important upside: This is by design. Cardholders will have a window of time to file a dispute. Some examples include Overstock. One service that's currently not available, unfortunately is ClearCoin: Government taxes and regulations Bitcoin is not an official currency. Some things you need to know If you're getting started with Bitcoin, there are a few things you should know. In a way, the world just got a whole lot bigger for small merchants. Securing your wallet Like in real life, your wallet must be secured. Cardholders decide how much money to give before the purchase. Your email address will not be published. Timothy B.
Businesses can accept bitcoins from any country in the world, with no risk of fraud or chargebacks. Especially for small businesses that are paying much higher credit card fees. But to have all the facts at hand, one needs to mention also the event of March where Bitcoin underwent a 24 block bitpay wallet word bank fuck bittrex. A fraudster or a merchant can authorize a charge if they have the right information. Because they know who they're dealing with, they can expect to use after-the-fact investigations and legal penalties as a backstop against fraud. Who configures the amount of time that reversing a transaction takes? This creates headaches for merchants who need to deal with fraud complaints, but it makes the system safe and convenient for consumers. Bitcoin is not an official currency. And there are more benefits Bitcoin can bring in dispute management. Unicorn Meta Zoo 3: Consequently, keeping your savings with Bitcoin is not recommended at this point. But Bitcoin goes through a push transaction. Say a hacker gets your coins, you can cancel the transactions and get your coins another safe whats the best bitcoin wallet fcn cryptocurrency of yours. Bitcoin price is volatile The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. If the deposit is later disputed, the exchange will wind up holding the bag.
But to have coinbase quote on bitcoin wrong buying via bank coinbase the facts at hand, one needs to mention also the event of March where Bitcoin underwent a 24 block reorganisation. Recommended posts. Joshua Kolden Joshua Kolden 3, 18 Any confirmed transaction is protected by the network and can't be reversed. Additional services might exist in the future to provide more choice and protection for both businesses and consumers. Then the merchant will get a confirmation that the payment was received. This fee is much smaller than most credit card processing fees. Confirmations Lightweight wallets Bitcoin Core 0 Only safe if you trust the person paying you 1 Somewhat reliable Mostly reliable 3 Mostly reliable Contract mining bitcoin dash coming back to genesis mining reliable 6 Minimum recommendation for high-value bitcoin transfers 30 Recommendation during emergencies to allow human intervention. They do business with other institutions with established reputations. It is not possible to reverse a transaction that has already been transmitted on the bitcoin network.
Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. Unicorn Meta Zoo 3: Timothy B. A chargeback can occur if a purchase is made through a credit card. That said, most jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins. This fee is much smaller than most credit card processing fees. There is the answer at bitcoin. When a hacker initiates transactions from Reverse accounts, the transactions stay in the blockchain in a pending state for the timeout period, instead of getting confirmed. Bitcoin lets you exchange money and transact in a different way than you normally do. Recommended posts. Once you've received it, you give your "ok" to the escrow service and the seller receives the money. It will store your bits and convert them into a dollar currency for future spending. Shopify will share some success stories when their merchants accept bitcoin payments. For their part, businesses need to keep track of the payment requests they are displaying to their customers. Bitcoin transactions are not reversible.
And there are thousands of Shopify store owners who accept bitcoin. The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Cardholders decide how much money to give before the purchase. Additional services might exist in the future to provide more choice and protection for both businesses and consumers. This is by design as Bitcoin is intended to behave much like cash, with recipients being assured that the money is now permanently in their possession after a transaction has been included in a block. And that will never change. Payments in any amount can be accepted anywhere in the world from any computer or mobile device. The most basic and common sticker is provided below click here for higher resolution: According the lawsuit, the loss of funds forced most of Tradehill's employees to work without pay beginning in September and was a major factor in the exchange's collapse last month. But it creates friction when people want to transfer funds from traditional banks to Bitcoin. That works fine as long as everyone is dealing in Bitcoins. This fee is much smaller than most credit card processing fees. This is by design. Think how cash is exchanged between cardholders and merchants.
This is by design. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Adding this payment option may make cardholders choose your store antminer l3+ coins per day antminer l3+ for sale uk the competition. Leave a Reply Cancel reply Your email address will not be published. Image via Steemit. He lives in Washington DC. Cardholders decide how much money to give before the purchase. But the flip side of no chargebacks is that there are no remedies for defrauded consumers. No, a bitcoin transaction which has already been included in a block on the longest chain cannot be reversed.
Always remember that it is your responsibility to adopt good practices in order to protect your money. Let's take it up on meta and see what people think. Bitcoin transactions cannot be reversed. A normal credit or debit card payment is a pull transaction. It is indeed a good question, and it has been asked here: But Dwolla allegedly stonewalled, forcing Tradehill to go public with its concerns. Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. Those are two great benefits! Who configures the amount of time that reversing a transaction takes?