Bitcoin Forum

Bitcoin => Project Development => Topic started by: goldNET on April 17, 2013, 11:06:33 PM



Title: Need Merchant Service with Subscription Support
Post by: goldNET on April 17, 2013, 11:06:33 PM
My site is looking for a quick easy way to accept bitcoin payments for a subscription service. I have yet to find a service that be easily integrated that accomplishes this goal. Any ideas?

Thanks in advance.


Title: Re: Need Merchant Service with Subscription Support
Post by: Stephen Gornick on April 18, 2013, 12:10:29 AM
My site is looking for a quick easy way to accept bitcoin payments for a subscription service. I have yet to find a service that be easily integrated that accomplishes this goal. Any ideas?


That's because bitcoin is a "push" based payments service and not a "pull" based one.  

An E-Wallet service with scheduled payments might be able to do this.

Apparently WalletBit supports this:

walletbit supports basic bitcoin subscriptions

I suspect that requires me to make sure I as a consumer have funds in my WalletBit account prior to the payment date.  

An E-Wallet can only bridge its service providers to those subscribers who also hold an account with that E-Wallet provider.  That E-Wallet cannot pull funds from external accounts.