Okay, Stripe. Can I accept bitcoins and automatically convert them to USD? I need an instant conversion back to USD after the transaction so I don't lose money due to volatility. Does stripe let merchants auto-convert their Bitcoin payments to USD? This would solve the problem entirely and I'd be happy to pass the extra savings on to customers.
I could probably give about a 6% discount because I wouldn't take profit from the transaction savings.
In fact, given the fee is .05% of the transaction, this could be the first service to ever enable micropayments. Perfect for a lot of internet/new technology services. The key is to convert the customer's USD to bitcoin instantly, pay with bitcoin, and convert the received bitcoin back to USD instantly again.
I could probably give about a 6% discount because I wouldn't take profit from the transaction savings.
In fact, given the fee is .05% of the transaction, this could be the first service to ever enable micropayments. Perfect for a lot of internet/new technology services. The key is to convert the customer's USD to bitcoin instantly, pay with bitcoin, and convert the received bitcoin back to USD instantly again.