Author

Topic: Credit Card Payment Processor That Pays Out in Bitcoins? (Read 974 times)

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Just wait until coinbase and bitpay step up to this!!
full member
Activity: 210
Merit: 100
The closest thing i can think of is webmoney. U can open a bitcoin wallet and exchange between wallets
hero member
Activity: 632
Merit: 500
I'm looking to receive credit card payments, yet have NO bank account whatsoever.  A coinbase account won't cut it.  I need a direct link.
legendary
Activity: 4410
Merit: 4766
you dont need a credit card provider to do the work,

just have the merchants give their credit card provider the bank details for the merchants coinbase account, which automatically buys bitcoins.

but yea, if a provider later says that a chargeback occurred, the merchant then needs to give fiat back to the card provider if the charge back is honoured,

hero member
Activity: 632
Merit: 500
They would be crazy to do this because of charge-backs.

There is no reason they cannot hold funds in reserve to cover any chargebacks.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
They would be crazy to do this because of charge-backs.
hero member
Activity: 632
Merit: 500
Has any payment processor that anyone knows of taken the bold step, allowing their merchants to receive payouts in Bitcoins?
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