Credit Card Processor --> Bitcoin Wallet

[JuanHungLo]

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?

[loiterin9]

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.

[JuanHungLo]

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?

[IDKwhatimdoing]

bitpagos.com This website its from argentina it maybe help you. Cheers

[achow101]

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.

[cakir]

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).

[JuanHungLo]

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.

[JuanHungLo]

bitpagos.com This website its from argentina it maybe help you. Cheers

This looks promising.  I'll check it out.

[gotmilk_]

I think stripe.com has that option.