Title: Credit Card Processor --> Bitcoin Wallet Post by: JuanHungLo on July 16, 2015, 02:07:14 PM Hi ,
I am wondering if there are Credit Card Processors that accept credit card transactions for businesses that automatically payout to a bitcoin wallet. Does anyone know of a processor that will do that? Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: loiterin9 on July 16, 2015, 06:44:59 PM Hi , I am wondering if there are Credit Card Processors that accept credit card transactions for businesses that automatically payout to a bitcoin wallet. Does anyone know of a processor that will do that? It's not a simple task. You would need to approach from a e-wallet side a demonstrate to an acquirer that you understand the e-money business first. As you can not charge a card to buy bitcoin. You would charge a card load funds onto an e-wallet and then by bitcoin from your e-wallet. So you need to find a acquire who would take such a business but they will look through your background and experience to make a decision. As the business is high risk, they will ask for business plan, AML policy, risk managment policy, PCI DSS most likely and a licence in EU that would be PSP of E-money, marketing plan etc. If you have all of this in place then it's just a numbers game call them all and apply. If you do not it would be very hard. Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: JuanHungLo on July 16, 2015, 09:46:06 PM From reading the above post I gather that perhaps I was not clear.
I am a business. My business accepts credit cards. I don't want to be reimbursed by electronic transfer in dollars to my bank account. What I want is for a credit card processor to reimburse my wallet in bitcoin. Does anyone know if this is done? Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: IDKwhatimdoing on July 16, 2015, 10:29:34 PM bitpagos.com This website its from argentina it maybe help you. Cheers
Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: achow101 on July 16, 2015, 11:00:31 PM There is no service that does this AFAIK. I have looked around for a while and the only ones I see accept Bitcoin and give you fiat, not the other way around.
Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: cakir on July 16, 2015, 11:03:45 PM You can do it with Payza. They accept Credit Cards etc. And you can request your money as Bitcoin.
Ps: Payza is the good old Alertpay (there were no chargebacks disputes when it was competing paypal back then). Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: JuanHungLo on July 16, 2015, 11:27:02 PM You can do it with Payza. They accept Credit Cards etc. And you can request your money as Bitcoin. Ps: Payza is the good old Alertpay (there were no chargebacks disputes when it was competing paypal back then). Thanks, but they are not credit card processors. They accept VISA only. I am looking for a credit card processor that processes VISA, American Express, Discover, Mastercard for the United States. Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: JuanHungLo on July 16, 2015, 11:29:50 PM bitpagos.com This website its from argentina it maybe help you. Cheers This looks promising. I'll check it out. Title: Re: Credit Card Processor --> Bitcoin Wallet Post by: gotmilk_ on July 16, 2015, 11:35:30 PM I think stripe.com (http://stripe.com) has that option.
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