Hello everyone! I want to find a PSP that works through the purchase of cryptocurrency. The client first buys the cryptocurrency and the cryptocurrency is automatically transferred to the merchant account. The client enters only the plastic card data in the payment form and that's it.
Processing plastic cards by buying cryptocurrency.
- Thread starter Artem Bryus
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Try Changelly
I am sure I have posted this response to the same question asked before on the forum. If you don't like them then use their provider to setup your own card to crypto system with simplex
Simplex - Enabling Payments, Defeating Fraud
p.s Our we gonna suddenly see a brand new user post a provider no one has ever heard off? 😉
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
I am sure I have posted this response to the same question asked before on the forum. If you don't like them then use their provider to setup your own card to crypto system with simplex
Simplex - Enabling Payments, Defeating Fraud
p.s Our we gonna suddenly see a brand new user post a provider no one has ever heard off? 😉
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
I know 2 such processing, but I asked a question not for advertising) I wonder who gives such a service. I did not find your post on this topic ....
Here was my original post to same question asked before. Just add widget to website. I would like to know of others that provide the service too. No offense intended in my comment....apologies.
Crypto Pay ?
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Crypto Pay ?
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Changelly looks like a nice service but having current purchase rate at 2956 while kraken has 2882 at the same time and additional fees as follows:
Extra charges apply in addition to the rate provided at the checkout
- Changelly fee 5%
- Simplex fee 5% (min $10)
It's insanely expensive - who uses such services?
Let say 2% maybe 3% with the fair rate would be acceptable.
Extra charges apply in addition to the rate provided at the checkout
- Changelly fee 5%
- Simplex fee 5% (min $10)
It's insanely expensive - who uses such services?
Let say 2% maybe 3% with the fair rate would be acceptable.
Would be good to know other providers 🙂. Any that are cheaper would be good. However I suppose when there are not many providers you can pull an MT in terms of fees 🙁.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Crypto is so high risk....lol. I would charge up to 10% - that's what those damn crypto ATM's are charging for card payments 🙁.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
I only work with high risk. With companies in the field of forex, crypto-forex. For them, a 5-6% transaction fee is normal.
Looked at them and it looks legit. What went wrong? I see they are based in Estonia but when I go to buy page it says "Operation temporarily not available".
They are charging 8% for card payments
Fees & Limits
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They started having problems with the site. We immediately stopped working with them.
Oh I see.
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Artem, how is 2% premium to normal forex acquiring prices suppose to help them? They will get a few chargebacks they would not be able to dispute and it will eat all their profit. The problem with forex is that is a deposit, its not a good or service that can be received within reasonable timeframe. Customers can technically dispute their deposits even after 180 days, claiming they never received a service and by the service they will mean - Profit.
I can understand this point of view however with effective 6%-10% fees (direct fees and unfair rates together) it's impossible to beat the market. Ergo none of your customers will live for long, that's the problem of your business long-term. Without hunting a lot of new souls it's hardly sustainable.
Cardbit btw is also too expensive... shame
Exactly - look at gambling industry, do you think it's less "risky" than crypto. Huge part of the industry stands on cards without any additional costs. Maybe this is not a fair example for some reasons but you probably got my point.
I can't see why it should be any different from selling for example software licenses.
With proper work, the percentage of chargebacks is no more than 3-4 percent. All sums of chargebacks are minus from the merchant's money. In this case, this business lives even very well) I know PSPs who have been working in the market for more than 8 years.
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