SakSuN
Posts: 2
Joined: Tue Oct 13, 2015 6:11 pm

Live Exchange at Merchnat's website?!

Tue Oct 13, 2015 6:23 pm

Hello.
I'm a merchant. I need a solution that acts as imagined as follows:

On my online store, the client does shopping for her preferred items, pay with her VISA/MasterCard, then she is done!.

On the back end, the processing is as follows: my store accepts only Bitcoins!, the Visa/MasterCard is entered to a middle bitcoins provider that does an instant buying and selling for bitcoins, then it forwards me just the bitcoin value, then the payment is done!

Does any company provide such solution?

Thanks.

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rogerver
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Re: Live Exchange at Merchnat's website?!

Wed Oct 14, 2015 10:42 am

This solution doesn't exist because credit cards allow chargebacks.

You will need to take the fiat you receive from the credit card company, and use that to buy bitcoins.
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SakSuN
Posts: 2
Joined: Tue Oct 13, 2015 6:11 pm

Re: Live Exchange at Merchnat's website?!

Wed Oct 14, 2015 12:20 pm

This solution doesn't exist because credit cards allow chargebacks.

You will need to take the fiat you receive from the credit card company, and use that to buy bitcoins.
Thank you rogerver for your reply.

Let me rephrase what I mean.

Coinbase & Truecoin for example allow users to buy bitcoin instantly. Users just subscribe, pay FIAT with their cards, then they have the bitcoins!

I imagine if that step is done typically, but this time inside an <iframe> tag to be embedded on any merchant's website. Then the bought bitcoins are forward to the merchant's bitcoin processor or wallet, the final process will make the users feel as if they INSTANTLY were able to get Bitcoin with FIAT.

I'm not aware if this solution is available or not, but I believe it is possible for any software developer to do it!

Thanks.

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