Topic: Any services like TheBigCoin? (Pay fiat invoices with Bitcoin) (Read 263 times)

I mean.. It looks like Bitrefill is thriving, and they are basically offering the same service you would be offering, but they do so with some huge markup rates on most giftcards (as i said it can be up to 10%).
Perhaps people feel more secure with giftcards since they can attach them to their own account...?

If you don't need a lot of liquidity to create something like this, and you can wrap it in a good UI, with clear instructions and detailed information (extended dashboard with shipping information etc.) I think it very well might be worth trying.

Although, i don't really know whether amazon et al will approve of this, since basically you'll be, (if successful) ordering 100s if not thousands of products from the same account(=same IBAN/BIC rather) shipping to different adresses.
I can already see a lot of problems arising whenever you try to scale it..  

Looking at something like dashbargain, -- it might very well work, but it doesn't seem to be A. automated, or B, very userfriendly. They basically say "submit your order and we'll see about it and send you a coinpayments link later." with little to no other information. I feel like a lot of people that don't know about them aren't inclined to use them.

I don't know, perhaps i'm overestimating the amount of people that actually use Bitcoin for shopping as well, considering other websites removed their BTC payment options after implementing them.

I considered the demand too low for such services (maybe wrongly) and the fact there are already a few websites (as quoted) old and established for some.

Basically, I could even process to pay the bills instantly for the EU and use other currencies for others. As well, a gift cards option, (with a 1:1 rate and no crazy rates). Can't say much, in case I was wrong (I'll do a KW research again) but it was something a little more advanced

Hmm. These are all interesting sites.

So what if a site is non-IBAN? If it's a SWIFT /ACH transfer, won't it take like days to clear? I see some potential problems regarding all that.

I do have to say, your prices/fee structure doesn't seem exactly right. (You're charging 3.5% vs the ~2% advertised.) Still, if i compare that to some other exchanges, bitonic et al, you're offering much better rates.

What's stopping someone from cashing out bitcoins using your service? I mean, there's no KYC, right? 1000EUR per transaction goes a long way. I guess my IBAN would be used as some sort of identifier? Or if i'm using another third party service for cashing out you wouldn't have any identifying information. Interesting.

I think this could be a pretty popular thing if implemented correctly. I would probably use such a site instead of buying giftcards for amazon @ a 10% markup rate.

Check our service https://www.bitbill.eu

We are here since 2013

Yes exactly, here it is

https://bitcointalk.org/index.php?topic=2138498.100

We cannot make SEPA transfers, but will be happy to buy anything for you with a credit card.

www.DashBargain.com
[email protected]

https://bitwants.com/
http://www.dashbargain.com
https://bitcoinsuperstore.us/

I didn't try any of them, just bookmarked long ago because I wanted to create something similar.
Dashbargain should have a topic discussion here if I remember.

If you plan to get a BTC card as suggested, keep in mind some stores don't accept these cards.

I managed to find a service called Bitcoin Super store but not sure how legitimate it is, I suggest you do more research about it.

I would also recommend checking Bitrefill.com for gift cards (You might find whatever product you're trying to buy in Walmart, Target, eBay or other services). You can also order a bitcoin debit card If you're from EU/US.

As a last resort, you can try to find someone to do it for you on the forums. It shouldn't be hard to find someone trustworthy, as long as you're paying a a fee. The only downside of this is that it can be time-consuming sometimes.

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