High risk business

[sal69]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

[avikz]

If it is a pharma shop then why are you calling it a high risk business? Are you planning to sell banned drugs??

You can always accept bitcoin for your shop and there are few websites like bitpay and coindesk who can help integrating.

[The Sceptical Chymist]

Well I'm damn curious: what kind of pharma are we talking about here?  Can you be specific?

[Dr.Osh]

Well, are you going to sell the kind of drugs? if that is true, then do not do it, it's a very big risk. better find another business, it may make a loss and input into the prison, but it's all up to you, if you dare to take risks, then nothing can stop you from this

[bitdumper]

Bitpay provides integration for websites and handles all the technical things (price fluctuations during paymenet too). You can get payment in USD or bitcoins.

[pooya87]

what do you mean by high risk business? is it an illegal business? if not you can use bitpay, they are a good and trusted payment service that you can easily use to receive payments in bitcoin or people pay in bitcoin and you receive the fiat.

[Oralmat]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

I can't understand your question.
If you want to question from us, IT'S Pharma Business?
So why you write the Heading " High risk Business" ?
But i don't want to discourage you, i just want detail of your question.

[robelneo]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

If you are going to use a wordpress script there are a lot of plugins that you can use to accept bitcoin or you can go to the blockchain there are tutorials there on how to install bitcoin payment to your online shop,i wonder why you called it high risk e-shop does it deals with drugs or armaments?

[MyBTT]

Well I'm damn curious: what kind of pharma are we talking about here?  Can you be specific?

Lol that's pretty funny seeing as your name is "The Pharmacist". I see what you did there. (I hope that's what you were trying to do )

If it is an illegal business, then please just get off this forum.

[Quartx]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

If it is indeed a drug store and your BCT account was accessed without anonymous software you are probably already being tracked.

You would probably need some mixing services though

[alani123]

If it is a pharma shop then why are you calling it a high risk business? Are you planning to sell banned drugs??

You can always accept bitcoin for your shop and there are few websites like bitpay and coindesk who can help integrating.

It's called that because most payment processors classify it as such. Many credit card payment processors will refuse to process payments for websites that sell pharmaceuticals online, mostly due to legal complications, the transaction being illegal in jurisdictions they have no control over etc. Finding a service that would process CC payments for such a store is possible but has high fees. I guess that's why OP is trying to work with BTC.

OP there's a wiki page on accepting bitcoin payments for your business. Be sure to check the ToS and reputation of the service you're interested into before deciding to go with them.

[sal69]

Thank you for a help guys. It's not illegal business. I will check the Merchant HowTo.

[MyBTT]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

If it is indeed a drug store and your BCT account was accessed without anonymous software you are probably already being tracked.

You would probably need some mixing services though

Well I really doubt that. All that he said is that it is a high risk pharma business. So now people are getting tracked because they are starting a pharma business?

[yenxz]

Dear bitcointalk users,

I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.

have you try to find thrid party for your bitcoin payment?i see some bitcoin payment third party like bitpay,bitbayarand another third party,its not matter what your bussiness,i think accept bitcoin is good choice.

[ethereumhunter]

The risk of online shop who accept bitcoin is price of bitcoin fluctuating.

[danda]

A lot of people use bitpay.  I'm not sure of their policies with regards to "high risk businesses".  A nice feature of bitpay for many merchants is that they can convert the received funds into USD and deposit to your bank account.

Also, Bitpay is a third party, and it is more in the spirit of bitcoin to accept it yourself directly.  

There is a software package for directly accepting Bitcoin called cryptowoo that has a nice feature-set and is well maintained.  It is not free, but is inexpensive and does not have ongoing transaction fees.   note: I am not the author of that package, but I did recently survey all the available open source packages and found cryptowoo to be a superior alternative.

If you are technically inclined, you could install cryptowoo yourself.  Otherwise, you would be wise to seek the services of a professional.

also: Besides cryptowoo, it is not *that* hard to hack together a custom solution that uses bitcoind.  The trickiest part is avoiding a hot-wallet situation.

[coinplus]

What kind of a pharma business is a high risk business?

The risk of online shop who accept bitcoin is price of bitcoin fluctuating.

Bitpay integration can easily handle that.