If you remember or someone else knows something let me know.
Edit: This wouldn't happen to be it would it? https://coinvoice.com/ looks exactly the sort of thing I need I guess.
Topic: Bitpay changed since I looked at it ages ago, could someone explain it to me? (Read 563 times)
March 07, 2014, 05:04:36 AM
March 07, 2014, 03:58:59 AM
I recall reading about a service that turned fiat invoices by professionals into btc
Unable to remember the name of the company...
Unable to remember the name of the company...
March 07, 2014, 03:20:40 AM
Bah, I just had a closer look at the small print and things like that, it looks like they still don't do processing for customers who want to pay in fiat money but pay merchants in Bitcoin, they do it in the other way round still though, if anyone wants to let me know of a service that does do that though I'd appreciate it as I'm on the lookout for one.
March 07, 2014, 02:15:35 AM
So I'm looking at different ways to make parts of my business ( particularly Jewellery ) more appealing and one of the things I'm regularly ranted at about is how I should get some kind of method of just getting that weird human money accepted on my website. I'm currently looking at Bitpay which is reasonable enough but I think the way they work has changed a bit since I last saw it ages ago ( way back when Bitpay first started ) as they're not totally clear on the details so I need you guys to clear things up for me.
. Can you choose for customers to be able to pay you in GBP/USD/EUR etc. but only receive Bitcoins?
. Will they force information out of you or ban your account if you choose to only receive Bitcoins?
. Are you liable to anal probing by the IRS/HMRC if customers are paying fiat money to you but you are only receiving Bitcoins?
Let me know what you think, I just realised this is probably accountants territory but it's worth a shot, I'll probably have a better chance of sales on the Jewellery side of things if people can just whip out a credit card rather than wtf over the Bitcoin thing.
. Can you choose for customers to be able to pay you in GBP/USD/EUR etc. but only receive Bitcoins?
. Will they force information out of you or ban your account if you choose to only receive Bitcoins?
. Are you liable to anal probing by the IRS/HMRC if customers are paying fiat money to you but you are only receiving Bitcoins?
Let me know what you think, I just realised this is probably accountants territory but it's worth a shot, I'll probably have a better chance of sales on the Jewellery side of things if people can just whip out a credit card rather than wtf over the Bitcoin thing.
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