Quote from: Ctn on July 26, 2018, 11:54:16 AM

Dont you guys think that we need a payment processor which will bridge between the bank account and the virtual payment system. I mean there is no system in place where we can send the money directly from our bank account to the crypto accepting party. For example there are PayPal, nettler etc who are able to transfer the funds directly from our bank accounts even when there is no balance in those wallets. I want to know about any processor which has this kind of codes in it. I mean say im paying at the crypto services and I want to use my DApp but have no balance in it then that wallet should be able to retrieve the money from bank, convert it into the desired coins and then pay it. Then there is fun.

Yes exactly, this is what we need. For now all I can do is give a BTC address on my website and then have it sent by wire transfer to my account... but this is slow, clumsy, and expensive. It's a shame that payment systems like Square and Stripe don't accept it.

The problem is, they'd probably take too much in commissions. Square takes 3.5% on card payments, so they might take 7% on BTC. Whereas if you just sent it to a wallet or exchange, collected it until it's a few thousand, you could get away with fees as low as 0.1%