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Title: I want a merchant to accept my bitcoins, which merchant solution to suggest? Post by: shads on November 27, 2011, 12:14:14 AM I want to purchase some goods from a US merchant. The good are not illegal but they are on the paypal shitlist so he can't use them. His current options are western union, moneygram etc...
If I'm going to pay $20 for a WU money order and deal with the delay of sending it to him and him having to cash it, I'd much rather pay a premium to cover his currency risk and pay in bitcoins. But it seems a good opportunity to upsell him in accepting bitcoins as a normal payment method. Now this guy has never heard of bitcoins and probably has little interest in them beyond the ability to accept foreign payments quickly. So what I imagine he would want from a solution would something like this: He provides a bitcoin address for payment, the solution calculates bitcoin value based on exchange rate + small risk premium, once bitcoin is received it's immediately put on market and converted to USD. Is there a merchant solution that does all this? Particularly the last part as his key interest will be fast cross border payments into USD. Title: Re: I want a merchant to accept my bitcoins, which merchant solution to suggest? Post by: Beroper on November 27, 2011, 02:46:07 AM yep, he can do like this.
you send him btc, then he sells btc on mtgox, he will have mtgox usd. then he makes a offre on exchanger service(higner fee,like aurumxchange.com) or on this forum(free fee, some buyers can do sepa/bank wire,if they are trusted,then no risk) Title: Re: I want a merchant to accept my bitcoins, which merchant solution to suggest? Post by: Littleshop on November 27, 2011, 05:21:32 AM Look into both bit-pay.com and btcinch.com, they both seem to do what the merchant is looking for.
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