Topic: Spend Bitcoin as Fiat from Phone? - page 2. (Read 1369 times)
This idea is going to be failed if you will go with such phone BTC wallet in an ordinary shop. Yes, such BTC wallet app for phone exist. But you will succeed only in a shop that accept Bitcoin for payment.
Things like this I am sure is already in play after all, a lo of us already have the capacity based on our phones to be able o buy and sell bitcoin without any issue. The remaining part is getting a store to accept bitcoin and thats is all. All that will be needed to make hat happen will be from their part to install the software that would connect with the ones we have and make the transaction a seamless one.
Go to https://bitpay.com and apply for a credit/debit card with them so you can pay with Bitcoin from your debit card. 
I don't think there is an app to pay from your phone yet, but the above method should work.
I don't think there is an app to pay from your phone yet, but the above method should work.
Thanks, do they provide any anonymity? Or do they require the full set of ID, pictures, etc.....
Would rather not deal with that if there are other options! But doesn't seem like there are any.
Go to https://bitpay.com and apply for a credit/debit card with them so you can pay with Bitcoin from your debit card.
I don't think there is an app to pay from your phone yet, but the above method should work.
I don't think there is an app to pay from your phone yet, but the above method should work.
I don't think that's possible. The best solution would be a debit card. Several companies are offering this at a fair price. That would be your best bet.
I agree, Bitcoin debit card si so far the best solution. It's easy to get and easy to use, for me the most convenient way for spending Bitcoin so far. But ih the future there would be probably mobile Bitcoin wallets that would allow direct Bitcoin payments like se are having for fiat money and cards.
I don't think that's possible. The best solution would be a debit card. Several companies are offering this at a fair price. That would be your best bet.
Spending bitcoin as if using fiat is possible with certain wallets that have got the mobile application. Primarily as the user stated based on the country the accessibility of bitcoin similar to bitcoin varies. In most cases localbitcoins serves as a better way to load fiat in term of bitcoin.
But OP wants to buy things from the shops directly from the online wallets. I'm not sure about the other countries but in my country as of now nothing I can buy directly from bitcoins. I think it will take more time to reach that level of bitcoins acceptance. Currently mostly used in gambling, porn and trading purposes.
Are there any usable options that allow us to load BTC to a phone wallet (only a small amount, so not real worried about security) and then walk into a store and pay for groceries (priced in the local Fiat) using part of the BTC balance?
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
I think there are apps that does that already. Some apps that act as your wallet, is affiliated with billing companies like electricity and water, allows you to shop for groceries and even provides specials and bonuses. Though probably it would depend on where you're located.
I believe it is possible, innovation is needed on technology, if it can be done then this will make bitcoin more known, because it will be used in small stores by everyone. This our job to find another way for bitcoin glory.
Are there any usable options that allow us to load BTC to a phone wallet (only a small amount, so not real worried about security) and then walk into a store and pay for groceries (priced in the local Fiat) using part of the BTC balance?
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
I strongly believe that theres still no such feature on what you are seeking for but there are other ways which you can spend your bitcoins depend on the merchant if they do accept bitcoin and also theres a bitcoin debit card which you can use since its visa type just like on usual cards you would able to load up with the use of btc and automatically converts on your currency. Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Spending bitcoin as if using fiat is possible with certain wallets that have got the mobile application. Primarily as the user stated based on the country the accessibility of bitcoin similar to bitcoin varies. In most cases localbitcoins serves as a better way to load fiat in term of bitcoin.
But OP wants to buy things from the shops directly from the online wallets. I'm not sure about the other countries but in my country as of now nothing I can buy directly from bitcoins. I think it will take more time to reach that level of bitcoins acceptance. Currently mostly used in gambling, porn and trading purposes.
hero member
Activity: 714
Merit: 500
IF YOU Enjoy Trade with ME ..PUT Feedback Please
I don't advise anyone to use mobile wallet because the security measures is not fully implemented yet also mobile software is not controlled the way you can control PC .
Are there any usable options that allow us to load BTC to a phone wallet (only a small amount, so not real worried about security) and then walk into a store and pay for groceries (priced in the local Fiat) using part of the BTC balance?
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
I think it depends in the wallet you are using and the country you are in. Here in PH we have coinsph wallet app that stores btc and peso. We can choose to use either peso or btc in purchasing game loads, mobile prepaid and pay our bills. It is quite effective for me since I can use my btc like cash. I can even use it as a source of income too wherein I can put up a bills payment center and an electronic loading station with just my phone, the app and the internet of course.
Spending bitcoin as if using fiat is possible with certain wallets that have got the mobile application. Primarily as the user stated based on the country the accessibility of bitcoin similar to bitcoin varies. In most cases localbitcoins serves as a better way to load fiat in term of bitcoin.
If there is a store that accepts payments using bitcoin from the wallet that is on your phone, I think it's too risky, I think we need to exchange our bitcoin to fiat, bitcoin prices that tend to increase as well as very fast decline, it Which can not be done for transactions from your phone wallet. This will cause losses from the store that receives payment with bitcoin, if the price of the goods you buy is not worth the bitcoin price that is decreasing. To do this there needs to be a better technical, so that no parties feel a loss for the transactions made.
I agree with that but what if there's no other way to transact in using bitcoin. How can we deal on this few years from now if the systems don't accept bitcoin. But just in my case I really cash out my bitcoin change to our currency and that's the time I purchase goods so that it will be useful. If it means to decreasing point I don't have to worry at all.If there is a store that accepts payments using bitcoin from the wallet that is on your phone, I think it's too risky, I think we need to exchange our bitcoin to fiat, bitcoin prices that tend to increase as well as very fast decline, it Which can not be done for transactions from your phone wallet. This will cause losses from the store that receives payment with bitcoin, if the price of the goods you buy is not worth the bitcoin price that is decreasing. To do this there needs to be a better technical, so that no parties feel a loss for the transactions made.
I agree with that but what if there's no other way to transact in using bitcoin. How can we deal on this few years from now if the systems don't accept bitcoin. But just in my case I really cash out my bitcoin change to our currency and that's the time I purchase goods so that it will be useful. If it means to decreasing point I don't have to worry at all.
If there is a store that accepts payments using bitcoin from the wallet that is on your phone, I think it's too risky, I think we need to exchange our bitcoin to fiat, bitcoin prices that tend to increase as well as very fast decline, it Which can not be done for transactions from your phone wallet. This will cause losses from the store that receives payment with bitcoin, if the price of the goods you buy is not worth the bitcoin price that is decreasing. To do this there needs to be a better technical, so that no parties feel a loss for the transactions made.
Are there any usable options that allow us to load BTC to a phone wallet (only a small amount, so not real worried about security) and then walk into a store and pay for groceries (priced in the local Fiat) using part of the BTC balance?
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Since no one else answered your question directly, I will. The answer is no. There is currently no way for you to load Bitcoin on your phone wallet and then pay using fiat.
The only method that is similar to this is Bitcoin debit cards, whereby you pay for things using your Bitcoin balance and a debit card though one of the various companies that provide this service. To the cashier it looks like a normal transaction with a standard debit card (it is), but in reality you are paying from your online Bitcoin wallet. It is very similar to what you are asking for. Hope this makes sense.
Seems like all the debit cards require various form of account verification, was hoping for a phone solution that does away with those requirements....if you know what i mean....
There are plenty of NFC based systems for P2P transactions. While going through some of them I hit through this https://news.bitcoin.com/shake-enables-bitcoin-nfc-payments.
On further going through NFC based cards are also available: https://news.bitcoin.com/nfc-bitcoin-wallet-cards. You can try this service as well : https://plutus.it
Also there is another NFC based cards of which you can find thread at bitcointalk. Recently it was sold but I think services are still going on(mean to say card still is working). Check this thread: https://bitcointalksearch.org/topic/ann-qrypto-the-all-in-one-bitcoin-card-website-launched-1652880
There are many reputed users who have tried this card and have gone without a problem. Contact the OP and he will let you know how his system works if you are interested.
Above are the services available but since you are finding some way to put local groceries then I think they must be accepting payments in BTC and little bit awareness on working of NFC. Those are the only prerequisites that you can overcome by making them aware about it.
Are there any usable options that allow us to load BTC to a phone wallet (only a small amount, so not real worried about security) and then walk into a store and pay for groceries (priced in the local Fiat) using part of the BTC balance?
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Clearly there would be no card, so it would have to be some kind of NFC, Android pay, other contactless solution.
Since no one else answered your question directly, I will. The answer is no. There is currently no way for you to load Bitcoin on your phone wallet and then pay using fiat.
The only method that is similar to this is Bitcoin debit cards, whereby you pay for things using your Bitcoin balance and a debit card though one of the various companies that provide this service. To the cashier it looks like a normal transaction with a standard debit card (it is), but in reality you are paying from your online Bitcoin wallet. It is very similar to what you are asking for. Hope this makes sense.
Jump to: