Bitcoin Forum

Is anyone interested in a service where you can buy BTC instantly with a credit card?
I have been thinking of making one, since buying BTC seems to be a little more difficult then it should be.
The fee would be 10-15%.

Reply here to let me know if anyone is interested.
I don't want to spend time on it if nobody wants it.

People will certainly use the service, but too many people will fraudulently charge-back that your 15% won't be enough and that is why this is not already widely available.

You can use a credit card via paypal to buy linden dollars at virwox.com and then trade them at virwox for bitcoins.

It would make buying BTC easy.  I was thinking maybe an exchange could allow this but would require the user to maintain a balance in their account at or above the possible charge-back amount until the charge-back period is over.  Not a perfect system of course since BTC can loose money and become worth less without any action on the part of the person, but would be better than nothing.

Well I would use 3D secure so it would not be possible to chargeback.
I started using 3D secure on my sites 5 years ago and never got a single chargeback since, and I have accepted tons of dodgy looking orders.

3d secure? is it some sort of insurance? Never heard of it (im not a vendor or merchant).


edit: got it , ignore   http://en.wikipedia.org/wiki/3-D_Secure

you would be out of business in the first week.
(with all the chargebacks obv.)