Post
Topic
Board Bitcoin Discussion
Re: Need some expert opinion here guys :)
by
NorrisK
on 31/01/2016, 17:46:17 UTC
You will very likely go bankrupt because of credit card fraud. If you don't put in the necessary id verification steps you are asking for people to use stolen cards on your site.

Next, 24 hour deliveries are not of this era. Everything is going on continuously and becoming more and more instantaneously. Why would I use your service if there are at least 2 services available in my country that allow buying bitcoin with my debit card and have them delivered as soon as the next block hits?

good points, I can see why there aren't many sites that offer this. I still want to move with this idea & maybe offer cash deposit/wire transfer payments. Like bitquick.co but much faster.

Speed and easy of use are most important for the customers. If you can create something like that, while protecting your own bank from fraudsters, you might be able to get a lot of traffic.

Good luck with your efforts! Bitcoin can use businesses like this.