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LOAN to start a UK payment gateway
by
jackdavis1983
on 22/10/2012, 21:21:24 UTC
Hi there, i am looking to start a UK based version of what bitinstant offers. Why? you might ask. Because I believe that there is a gap in the market. I have myself been frustrated by the loss of potential bitcoins due to the exchange rate from GBP to dollars. then the moneygram fee's then the other fees with sites like bitinstant.

i propose to make a site that accepts UK Pound sterling direct (sameday (same hour dependant on your bank) which purchases them at a flat 6% costs. This fee will reduce but is set at 6% to repay the loan interest. When the loan is paid off the transaction fee for customers will go down.

So what do I need a loan for? For the initial customers to receive BTC. I have been informed to use BTCJam.com as my middleman. So this is what i have done. Feel free to  view the proposal on their and fund my project as i already have a list of people waiting to 'get in' to bitcoin using UK Pound sterling, without the headaches.

https://btcjam.com/listings/166