Boy, I'm really screwed up. First you had this: (Google Cache)
Now it reads this:
But I found this: http://www.thebitcoinreview.com/site.php?site_id=763
By a Reviewer:
2011-11-28 14:34:44
Works exactly as advertised. Simple to use, extremely prompt service, the best BTC to credit card service that I've used.
Would buy again.
Please clarify, btcinstant, for it would be great if bitcoins could be converted to a re-loadable Visa.
~Bruno~
Not a problem Phinnaeus. So you are seeking specifically Visa ? My original provider just did Visa but the current one does Mastercard. Technically I have access to both. Then I thought about it isn't credit cards universal? Meaning most merchants accept both nowdays so to prevent confusion I just caused you I decided to make it broad. But now seems you need Visa only?
Let me know what other further questions I can answer for you.
Thanks.
Master Card would work just as well. That being the case, the problem is solved. Rashid accepts bitcons via Instawallet, then sends coins to BTCinstant to load/reload his MC which, in turn, he uses to buy gas for his taxi.
Now, tell me how this wouldn't work so that I can come up with another plan.
~Bruno~
Nope, you nailed it perfectly. Now here are some caveats that could be a hindrance to our grand plan. Here they are:
- Now the maximum per card $50 ( but this is going to be raised to $100 shortly). If you could find out from Rashid just how much he plans to fill it up his taxi with I could figure out some more wiggle room to get this raised.
- The fee is $4.95 first time loading Mastercard and $3.95 per re-load therafter. This might cut into his profit a little much to make it worthwhile but once again I'll get the jack hammer out and hammer out a way to reduce the fee. I just think a cabby accepting bitcoins is so cool.
These are the only (2) I can think of at the moment. Let me know what you think.