Credit card and Bitcoin payment gateway

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: oblivi on February 23, 2015, 09:50:08 AM

The fees are criminal and is such a lame workaround. Lol at buying Second Life money. I remember I did it when I was a newb and got caugh on the whole QRK hype. I bought 500 QRK thinking I would be a millionaire in a couple months.

lol.... a few months back, I had converted my BTC0.1 to QRK. When I lasted checked the value, it has declined by some 90%. Might be even more worthless now.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Payza:

https://bitcointalk.org/index.php?topic=963314.0;

oblivi

hero member

Activity: 700

Merit: 501

Quote from: bryant.coleman on February 23, 2015, 07:32:25 AM

Two years back I had purchased a few mBTCs using CC. First I had purchased Linden Dollars with CC, and then converted the Linden Dollars to BTC (Exchange was VirWox). The disadvantage was that the markup was too steep. Paid some 10-15% premium.

The fees are criminal and is such a lame workaround. Lol at buying Second Life money. I remember I did it when I was a newb and got caugh on the whole QRK hype. I bought 500 QRK thinking I would be a millionaire in a couple months.

Bralex

sr. member

Activity: 308

Merit: 250

We need the buyer to understand and want to use Bitcoin as that is the most simple method of online purchase by along way, it is usually the seller who would prefer to be paid in hard cash Cheesy

Your method may one day happen but i highly doubt it, it is simple and safe the way it is there is a saying if something is not broken do not try fix it.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Seems too improbable at the time being because of the chargeback issues. As most of us know, a bitcoin transaction is completely irreversible. No one can prevent a merchant from running away with the funds due to the fact that any transaction made with bitcoin cannot be undone.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Two years back I had purchased a few mBTCs using CC. First I had purchased Linden Dollars with CC, and then converted the Linden Dollars to BTC (Exchange was VirWox). The disadvantage was that the markup was too steep. Paid some 10-15% premium.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

to high risky buy btc with cc
with unfamiliar company or merchant .

champbronc2

hero member

Activity: 490

Merit: 500

You cannot do this due to chargeback risk. It's not a sustainable business model because you'll get BTC, but merchant will get charged back for fraud.

You're better off just buying bitcoin.

Q7

sr. member

Activity: 448

Merit: 250

Never come across or heard service like that before, but definitely you can do it manually, that is buying the coins after you got the fiat money.

howtogetfreebitcoins

newbie

Activity: 12

Merit: 0

I do remember coinbase having a possibility to make payment buttons for your website I would look into that as a possibility to sell goods or services online. But you may have to change yout tos or state no refunds unless you wanted to hassle with it like on ebay...

pablos44

newbie

Activity: 15

Merit: 0

Still no solutions in this field?

hollowframe

sr. member

Activity: 266

Merit: 250

Quote from: Foxpup on July 13, 2014, 11:47:36 PM

Not gonna happen due to chargeback risk.

This is exactly the problem. There would be nothing from preventing you from running a scam and then running off with an irreversible payment from the merchant services company.

Foxpup

legendary

Activity: 4536

Merit: 3188

Vile Vixen and Miss Bitcointalk 2021-2023

Not gonna happen due to chargeback risk.

woufwouf

member

Activity: 84

Merit: 10

Well, it's not my money : I built online shops and I lose contracts when I can't do anything user-friendly because there are no simple gateway for some merchants (for example modchips aren't allowed with paypal and other usual gateways).

burekzastonj

newbie

Activity: 28

Merit: 0

well i guess you will have hard work to find out which service provider does exactly that.

woufwouf

member

Activity: 84

Merit: 10

Hello, I'm searching for payment gateway (for online shops) which allows buyers to pay by credit card, but the seller is paid with BTC (or other cryptocurrencies).
As simple as possible for the buyer, even if it would be better if he can also pay by crypto.

Topic: Credit card and Bitcoin payment gateway (Read 3999 times)