lets people pay with a CC but in the background its fulfilled seamlessly in BTC

[markbarsno]

Hi,

Do you know if is there a service that lets people pay with a credit card to buy a product or service but in the background its fulfilled seamlessly in bitcoins?

regards

[pedrog]

Hi,

Do you know if is there a service that lets people pay with a credit card to buy a product or service but in the background its fulfilled seamlessly in bitcoins?

regards

Here you go:

https://bitcointalk.org/index.php?topic=1410577.0

Enjoy.

[markbarsno]

one more thing... I'm looking for online processing company which can offer me such a service.
So I bassicly need an app which I wlil integrate on my website and they will do all "the magic" in the background...

thanks.

[franky1]

one more thing... I'm looking for online processing company which can offer me such a service.
So I bassicly need an app which I wlil integrate on my website and they will do all "the magic" in the background...

thanks.

due to risks of chargebacks, ID scammers and card cloners such services are high risk. which is why no payment merchant will offer a client(website) to convert funds that do not belong to their 'client' (the website) straight to bitcoin. because the client is the website not individual customer. and if a customer scammed. the website escapes with the bitcoin. making the payment merchant at a loss because they are not directly connected with the scammer.

EG
customer wants to buy a TV via YOU, uses credit card with payment merchant(not you). then YOU supplies TV to customer. and payment merchant gives bitcoin to YOU.
customer chargebacks payment merchant. so payment merchant loses fiat AND btc.
also payment merchant is not you so has no records of a TV being sent, thus cannot show evidence to cancel the chargeback.
also payment merchant never got anything from you directly. so double loss

for risk aversion it will always be a 2 step process due to AML/KYC
meaning you have to receive the credit card funds of many customers to make the funds yours, then you convert them to btc using your credentials

[pawel7777]

one more thing... I'm looking for online processing company which can offer me such a service.
So I bassicly need an app which I wlil integrate on my website and they will do all "the magic" in the background...

thanks.

You could just provide multiple payment options (i.e. PayPal for fiat/cc + Bitpay for bitcoins). But I sense you're thinking of starting scam website where people could pay with their credit cards, while you're getting anonymous and irreversible payments in bitcoins. If so, there's no such service (for the reasons mentioned in franky1's post above).

[Kprawn]

I do not know if VISA and MasterCard will allow a Bitcoin backend, because Bitcoin is direct competition for them. I think the closest you might get

to that, might be Xapo www.xapo.com debit card. The problem with this is, you have to get your customers to signup for the card at a 3rd party,

where you want someone to use their current card, but the backend are Bitcoin? Oh, this is not globally available.. 

[jak3]

yup some wallets are doing think type of stuff nowdays but thats proves the protentaility of bitcoin as bitcoin is better compared to banks or any other services like paypal or anythink it not only does it with lower transaction fees but also with anonymity