Best way to convert my E-Commerce website to "bitcoin" payments.

legendary

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Quote from: magicmanboy on June 11, 2017, 01:33:04 PM

Problem is, most sites like Coinbase require documents and stuff too, to buy btc. So it's really unpractical for buyers to spend 30 minutes, trying to buy btc, just so they can pay.

it sounds like you want a reverse payment processor - they accept in fiat and you get bitcoin back automatically.

i've seen quite a few people asking about this but no one's offering it for now. it's certainly something i would do if i had the possibility.

you'll never encourage your regular buyers to switch to bitcoin. it just doesn't make any sense for them. you could try and appeal to existing bitcoin owners but there ain't too many who want to let go of their coins.

what does your business sell?

magicmanboy

newbie

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Problem is, most sites like Coinbase require documents and stuff too, to buy btc. So it's really unpractical for buyers to spend 30 minutes, trying to buy btc, just so they can pay.

Qartada

hero member

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Quote from: magicmanboy on June 11, 2017, 04:49:58 AM

99.99% of my buyers, have no idea what bitcoin is.. so using a bitcoin payment gateway is useless since they don't own bitcoins already. Is there maybe a very simple way for users to buy bitcoins and get them sent to me instantly or something similar?

It seems unlikely that anything would work that way around. Bitpay lets you accept Bitcoin and can deposit directly into your bank account, but your users would still have to go through the process of buying Bitcoin (and as you point out, it's just a gateway).

The closest you could get is using Coinbase as a gateway, and suggest buying Bitcoin through their exchange. Then you could accept a transaction from them, or even one of Coinbase's offchain transactions and then withdraw the coins to your own wallet (not that I particularly approve of that centralisation).

PayPal services are hard to deal with due to the risk of chargeback fraud, and credit cards are equally annoying, so they would have to use a proper exchange like Coinbase or or trade P2P with LocalBitcoins.

magicmanboy

newbie

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First of all , not sure if this is the right place to post, but anyways.

Long story short, i have an online shop, currently accepting paypal payments and stuff like that.

I need to find the best possible way, to convert my website to accept "bitcoin" payments. I'm pretty sure there's no way right now to accept Visa/Mastercard and get paid in bitcoin directly right? What's the next best thing? I know Payza lets you withdraw the funds in bitcoin but never used them before.

99.99% of my buyers, have no idea what bitcoin is.. so using a bitcoin payment gateway is useless since they don't own bitcoins already. Is there maybe a very simple way for users to buy bitcoins and get them sent to me instantly or something similar?

Thanks

Topic: Best way to convert my E-Commerce website to "bitcoin" payments. (Read 176 times)