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Card payment processor receiving Bitcoin
185 sats \ 3 comments \ @cryptoshalix 21h bitdevs
I wonder if anyone can help or advise me.
I want to offer a payment service other than Bitcoin on-chain on my platform, using card payments, but I'm tired of EVERY platform requiring KYC or business registration.
Is there an option to receive a card payment and have it received in Bitcoin to my own wallet?
I also don't want to ask for tons of user information. In fact, I'm asking for an email and Telegram ID for communication and troubleshooting, not because I'm interested. They'll provide too much information if they provide their card details.
If I need to set up the code, we can collaborate on it.
I practically have my shopping cart ready, and it's fully functional in Bitcoin.
šŸ¤” Although it's true that I could record a video explaining how to obtain Bitcoin in various ways (P2P or not) and then charge only in Bitcoin. It's something I'm considering, but I'd like to have this option to make it easier for users to access the service I offer.
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48 sats \ 0 replies \ @earnbitcoin 17h
Will never happen.
Credit card charges can be reversed any time until something like six months has passed. So you are asking some merchant payments company to take on the chargeback risk after paying you. And if that is KYC-Free for the merchant, why wouldn't that attract scammers emerge to take advantage of that.
Google "Reverse Bitpay" for more detailed responses as to why this won't happen.
If your customers want your product, then they buy bitcoin (e.g., in the U.S., Cash App), and pay (LN invoice). Or you find an intermediary method (customer pays with Amazon gift card code, and you resell. Or you sell through a platform that has payment processing -- but I doubt those are KYC-free.
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41 sats \ 0 replies \ @DarthCoin 21h
I want to offer a payment service other than Bitcoin
wrong move. you are literaly ask how to get fiat bullshit.
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10 sats \ 0 replies \ @Wumbo 21h
The only other thought I could think of is:
  • To allow payment in a giftcard. It would not be automatic but you could accept the giftcard and then convert to BTC. Giftcards tend not to need much KYC.
Bitcoin is the best way.
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