Topic: Bitpay needs non business accounts. (Read 1091 times)
I also agree with this. I'm self employed and trade as myself, not a company.
Yeah something for the average Joe to sell something, or accept donations with. That would be super-duper.
Coinbase has non-business accounts.
This is a good point. I like BitPay and it is great for a business but you have a great service that could be very useful for individuals.
There are plenty of people that send and receive money on PayPal that are not businesses.
Then again, I can see some legal gray area if you just start exchanging people's Bitcoins for local currencies. Because then you become an exchange and all the legal BS that goes along with it.
As a payment service, it works well.
I know I would transfer my BTC from MtGox to BitPay for the quick BTC to dollar turn around.
There are plenty of people that send and receive money on PayPal that are not businesses.
Then again, I can see some legal gray area if you just start exchanging people's Bitcoins for local currencies. Because then you become an exchange and all the legal BS that goes along with it.
As a payment service, it works well.
I know I would transfer my BTC from MtGox to BitPay for the quick BTC to dollar turn around.
If you dont own a company but have something to sell why do you need a merchant account with bitpay ?
you mean like a casual seller? like an ebay seller for example?
If you dont own a company but have something to sell why do you need a merchant account with bitpay ?
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