Someone should make a "BitPay" type service that allows payment of MANY altcoins

[colinistheman]

Someone should make a "BitPay" type service that allows payment of MANY altcoins, not just Bitcoin.

This would really boom the crypto-economy as a whole. Whoever pulls this one off will be a rich fellow.

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[Nibiru]

Yes i second that!

[colinistheman]

There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

[MicroGuy]

There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

[NWO]

Ripple can do this.

[Zzzack]

There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Does this really change alt coin --> USD instantly like bitpay?

[colinistheman]

There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Thank you

[colinistheman]

Ripple can do this.

meh

[fendlestick]

There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Does this really change alt coin --> USD instantly like bitpay?

No. They just give the same coins back, they handle the exchange rate(s) for you though, so sites can list in $ and take coins (that's why cryptosextoys has no fiat option and uses direct payment).

This wont happen because Bitpay uses Bitstamp (I think) to instantly place a sell order BTC -> USD then credits the merchant the USD.  To do this you would need an ALT -> USD exchange that would be happy to process the sell.