Is there a way for me to accept credit cards on my site through a third part pro

TylerJordan

newbie

Activity: 58

Merit: 0

Quote from: ranlo on February 25, 2015, 11:14:46 PM

Quote from: BangkokGroup on March 21, 2013, 10:02:58 PM

Is there a way for me to accept credit cards on my site through a third party provider and then said provider automatically converts to Bitcoins and send me BTC rather than fiat?

Not yet, but it's a great request. They already work backwards. Price has been somewhat stable lately though (all things considered) so you can just convert as money comes in.

I can't get the money to come in at all without 501c3 status. In the US - you can't accept US dollar donations (paypal up to $10K, then they start sniffing) without being certified a not-for-profit by the IRS. It's also expensive and takes up to six months.

TylerJordan

newbie

Activity: 58

Merit: 0

Quote from: TXWA on February 25, 2015, 11:02:02 PM

Such a service would be very risky for the cc-provider as he is responsible to collect the money from the used cc's and if somebody uses stolen credit cards to buy, they would be the people that sent the irreversible Bitcointransaction but never received the reversible money from the cc.

Why not just use an escrow system until the risk of fraud is over? Sure would create a delay on getting funds, but better funding than no funding. People like me who are trying to get donations would love a service like this.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: BangkokGroup on March 21, 2013, 10:02:58 PM

Is there a way for me to accept credit cards on my site through a third party provider and then said provider automatically converts to Bitcoins and send me BTC rather than fiat?

Not yet, but it's a great request. They already work backwards. Price has been somewhat stable lately though (all things considered) so you can just convert as money comes in.

TXWA

full member

Activity: 168

Merit: 100

Such a service would be very risky for the cc-provider as he is responsible to collect the money from the used cc's and if somebody uses stolen credit cards to buy, they would be the people that sent the irreversible Bitcointransaction but never received the reversible money from the cc.

TylerJordan

newbie

Activity: 58

Merit: 0

Quote from: koelen3 on February 25, 2015, 01:58:03 PM

Quote from: TylerJordan on February 25, 2015, 04:59:28 AM

Thanks, I've sent Elwar a message. We'll see what happens :-)

Do let know what happened

will do. Elwar hasn't responded yet. I also gave him a link to this thread.

TylerJordan

newbie

Activity: 58

Merit: 0

Quote from: champbronc2 on February 25, 2015, 02:43:01 PM

No and unfortunately you will not find that because that company can't exist due to fraud prevalence.

But what if they put the received funds into an escrow system until risk of charge-back is over?

I've been working to use paypal or google wallet or merchantinc to accept credit cards for donations, but I've found they all want you to have 501c3 status, which takes a lot of upfront money and between 3-6 months of time to set-up...not to mention having the IRS breathing down your neck. I've set-up a NXT-asset for donations via bitcoin through (https://trade.secureae.com/) , but that has a very limited audience - most people who come to the site don't know what that is and won't donate.

I suspect there are a large number of people who'd like such a service - a way to go around the banks, paypal, etc. Suffering a delay to get funds isn't a dealbreaker as not having funds at all is a much worse situation.

Cheers

champbronc2

hero member

Activity: 490

Merit: 500

No and unfortunately you will not find that because that company can't exist due to fraud prevalence.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: TylerJordan on February 25, 2015, 04:59:28 AM

Thanks, I've sent Elwar a message. We'll see what happens :-)

Do let know what happened

najzenmajsen

hero member

Activity: 700

Merit: 500

Quote from: TylerJordan on February 24, 2015, 12:12:42 AM

yes, I am seeking the reverse. I think it would be very helpful for the unbanked who would like to have the participation of those who either don't want the hassle of getting bitcoin just to donate or who are unfamiliar or uncomfortable with bitcoin. I believe this is a huge market.

There are sites that allow you to buy bitcoin with a credit card, so I was surprised that they haven't taken the obvious step of allowing people to link to their site with a code that would auto-generate a pay/donate form specific to the originated website.

If there is fear regarding charge-backs they could just hold the payments until that risk is gone - a hassle for the receiver of the BTC, but better late BTC than no BTC - at least for me. :-)

Hopefully someone will get this going soon.

its actually something that is very weird it doesnt exist , but i think the reason is that then people dont have to use bitcoins , and they wont even know they got converted to bitcoins. and we have to spread awareness :>

TylerJordan

newbie

Activity: 58

Merit: 0

Thanks, I've sent Elwar a message. We'll see what happens :-)

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: TylerJordan on February 24, 2015, 12:12:42 AM

yes, I am seeking the reverse. I think it would be very helpful for the unbanked who would like to have the participation of those who either don't want the hassle of getting bitcoin just to donate or who are unfamiliar or uncomfortable with bitcoin. I believe this is a huge market.

There are sites that allow you to buy bitcoin with a credit card, so I was surprised that they haven't taken the obvious step of allowing people to link to their site with a code that would auto-generate a pay/donate form specific to the originated website.

If there is fear regarding charge-backs they could just hold the payments until that risk is gone - a hassle for the receiver of the BTC, but better late BTC than no BTC - at least for me. :-)

Hopefully someone will get this going soon.

Had to search but got it finally
see this guy
https://bitcointalksearch.org/topic/useful-sites-for-every-day-bitcoin-spending-links-and-reviews-943143

The site bitwage can help you i think , or just PM Elwar , he will help you on this

TylerJordan

newbie

Activity: 58

Merit: 0

yes, I am seeking the reverse. I think it would be very helpful for the unbanked who would like to have the participation of those who either don't want the hassle of getting bitcoin just to donate or who are unfamiliar or uncomfortable with bitcoin. I believe this is a huge market.

There are sites that allow you to buy bitcoin with a credit card, so I was surprised that they haven't taken the obvious step of allowing people to link to their site with a code that would auto-generate a pay/donate form specific to the originated website.

If there is fear regarding charge-backs they could just hold the payments until that risk is gone - a hassle for the receiver of the BTC, but better late BTC than no BTC - at least for me. :-)

Hopefully someone will get this going soon.

moko666

hero member

Activity: 635

Merit: 500

BlasterKVs the king of xbox modding

there are many companies that accept credit cards but none of them pay you in bitcoins
we need to wait and see if any company launch this service
most sellers want to accept bitcoin and get paid in fiat, and you are asking about reverse

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: TylerJordan on February 23, 2015, 10:02:32 PM

Quote from: koelen3 on February 23, 2015, 09:31:17 PM

I can't remember it quite well! but i think there was something btcwage or pay something that change your wage to btc directly

I am specifically looking for a means to accept donations on a website via visa/mastercard/etc. - I'd be fine with BTC sitting in escrow until no risk of chargeback too! I just want this service so I won't need a bank account.

I don't know if like that service exists , i can't remember the guys name but he gets his wage directly converted to btc , so you can search that or wait for someone to reply , his name was something like Elwar or like that
Sorry han! not good with memory
He actually went to all bitcoins for his living and all shit Undecided

TylerJordan

newbie

Activity: 58

Merit: 0

Quote from: koelen3 on February 23, 2015, 09:31:17 PM

I can't remember it quite well! but i think there was something btcwage or pay something that change your wage to btc directly

I am specifically looking for a means to accept donations on a website via visa/mastercard/etc. - I'd be fine with BTC sitting in escrow until no risk of chargeback too! I just want this service so I won't need a bank account.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: TylerJordan on February 23, 2015, 09:21:21 PM

*BUMP*

Is there a way to do this yet? I've seen a few sites that allow direct purchase of BTC with CC...seems like a step away from being able to create a link that would have your website name and BTC address that these companies could then auto-fill-in and allow your customer to give CC details. Why has nobody done this...or have they? Anyone know?

Cheers

I can't remember it quite well! but i think there was something btcwage or pay something that change your wage to btc directly

TylerJordan

newbie

Activity: 58

Merit: 0

*BUMP*

Is there a way to do this yet? I've seen a few sites that allow direct purchase of BTC with CC...seems like a step away from being able to create a link that would have your website name and BTC address that these companies could then auto-fill-in and allow your customer to give CC details. Why has nobody done this...or have they? Anyone know?

Cheers

Mike Christ

legendary

Activity: 1078

Merit: 1003

Nothing like that, but I believe bitpay allows that service the other way around Tongue

paraipan

legendary

Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: BangkokGroup on March 21, 2013, 10:02:58 PM

Is there a way for me to accept credit cards on my site through a third party provider and then said provider automatically converts to Bitcoins and send me BTC rather than fiat?

No, such service doesn't exist yet.

BangkokGroup

newbie

Activity: 24

Merit: 0

Is there a way for me to accept credit cards on my site through a third party provider and then said provider automatically converts to Bitcoins and send me BTC rather than fiat?

Topic: Is there a way for me to accept credit cards on my site through a third part pro (Read 1607 times)