Credit Card proccessor for BitCoin

[Eric Blum]

Hi, need your advice,
i need a merchant account for selling crypto coins with credit card

i was googling a lot but could not find the right place

any suggestions ?

 

[negon]

I believe it is ultra high risk and for that reason it goes in the same category as Pharmacy (which is illegal) so you will need to do a cover business or something or you need to get a license business setup for instant in Switzerland which will cost you a lot of money.

I'm not aware of your budget, but I assume a cover business is what you are looking for.

You may approach some of the payment processors around and which already process payments for this business. And I would look into companies like instabill.

 

[Eric Blum]

thanks.
to your opinion . what would be best cover. or in other words. which way is the best way to be verified by proccrssors?

 

[JohnLocke]

You usually setup a website, a company (EU corp or US corp) with some made up business description for instant the selling of furnitures, meat or whatever comes to your mind. Make sure the website later on reflects your business description and the prices match the trx you are processing.

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[Eric Blum]

@Admin , tnx. But in Furniture wouldn't I need to prove how I supply , where is my storage? etc..

 

[JohnLocke]

It's just an example and to mention something.. you need to think out of the box and do some research on this.

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[negon]

You may look into CD and DVD sales which is what most pharmacy business use or gadges items.

 

[hiju]

Make a purchase of btc with one of the established exchange services by credit card. You will then get informed how you will be charged so you can find the credit card processor they use!