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Author Topic: Android app idea: Buy Bitcoin as in-app purchase  (Read 4505 times)
ZuonKing
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July 25, 2013, 12:42:55 PM
 #1

I'm searching for an android app for Bitcoin (a bitcoin wallet?) with the ability to buy Bitcoin as in-app purchase using the Google Play credit.

This forum is full of genial programmers thus if a similar app don't exist I'm sure there is a reason.

Do you know something about this?

Thank you

Zuon King
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Mike Hearn
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July 25, 2013, 12:58:45 PM
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Couple of problems:

1) 30% overhead!

2) The transactions are often backed by credit cards, so there is a long list of things that aren't allowed. See the last one:

https://support.google.com/payments/answer/75724

It may be that you could do it for a while, but it's unclear that it'd be sustainable.
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July 26, 2013, 08:11:20 PM
 #3

Couple of problems:

1) 30% overhead!

2) The transactions are often backed by credit cards, so there is a long list of things that aren't allowed. See the last one:

https://support.google.com/payments/answer/75724

It may be that you could do it for a while, but it's unclear that it'd be sustainable.
Agreed. 30% + Exchange Fees + Your Profit = 35%-40% above exchange rates. Even if it got accepted into the store your app would get shut down quickly.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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July 29, 2013, 02:53:51 AM
 #4

Gliph.

Secured messages and secure Bitcoin payment (coinbase-based).

Available for android and iPhone.

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July 29, 2013, 06:49:02 PM
 #5

As said before, the %30 overhead and the rules concerning currency exchange kill this idea.

Hi.
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