On: GiftRocket's new design has launched

[kapilkale]

We're a payments company in disguise.

[biot → kapilkale]

You're essentially a money transmitter and the location hook is a facade. How have you tackled the uncertainty around the Money Transmission Act? (ref: http://www.quora.com/Aaron-Greenspan/In-Fifty-Days-Payments-...)

[pitdesi → kapilkale]

I like that... Can you elaborate, or is it hush-hush?

Also, what happens when the other person doesn't redeem? (I tried to send myself the free $5 but found the process cumbersome so I didn't redeem). There will be a lot of breakage on this product, which is potentially great for you in the short run but bad in the long run.

[nbaum5 → pitdesi]

What specifically was cumbersome?