|
Title: Payment Processor That Gives Payouts in Bitcoin? Post by: Sage on April 16, 2013, 01:34:32 AM Has anyone created this yet?
Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: justusranvier on April 16, 2013, 01:37:04 AM BitPay has done that for a long time. Coinbase does it. So do probably all the others.
Or do you mean a payment processor that accepts dollar payments and gives the merchant Bitcoins? There's a problem with that, since the payment processors is now exposed to chargeback risk. Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: Anonymouss on April 16, 2013, 01:38:40 AM Has anyone tried OkPay? I heard they give you a mastercard so its instant cashouts?
Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: Sage on April 16, 2013, 04:17:51 AM BitPay has done that for a long time. Coinbase does it. So do probably all the others. Or do you mean a payment processor that accepts dollar payments and gives the merchant Bitcoins? There's a problem with that, since the payment processors is now exposed to chargeback risk. I'm looking for a credit card processor that pays out in Bitcoins rather then wire transfers. Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: Elwar on April 16, 2013, 04:19:30 AM BitPay has done that for a long time. Coinbase does it. So do probably all the others. Or do you mean a payment processor that accepts dollar payments and gives the merchant Bitcoins? There's a problem with that, since the payment processors is now exposed to chargeback risk. I'm looking for a credit card processor that pays out in Bitcoins rather then wire transfers. That would be unlikely because of chargebacks. Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: Sage on April 16, 2013, 04:22:01 AM BitPay has done that for a long time. Coinbase does it. So do probably all the others. Or do you mean a payment processor that accepts dollar payments and gives the merchant Bitcoins? There's a problem with that, since the payment processors is now exposed to chargeback risk. I'm looking for a credit card processor that pays out in Bitcoins rather then wire transfers. That would be unlikely because of chargebacks. There is no reason it couldn't be done with a funds buffer period, just like credit card processors do now to cover chargebacks. Title: Re: Payment Processor That Gives Payouts in Bitcoin? Post by: Stephen Gornick on April 16, 2013, 04:25:56 AM I'm looking for a credit card processor that pays out in Bitcoins rather then wire transfers. Nothing works like this, but others have asked: Looking to accept USD and transfer to Bitcoin - http://bitcointalk.org/index.php?topic=134373.0 Real money to Bitcoin payment processor - http://bitcointalk.org/index.php?topic=113336.0 Where (country) are you (i.e., country?) |