This is a brilliant idea! You can also make stickers out of the qr codes to stick on items in a store and scan at check-out just like the UPC code too. There are many ways to implement this. I really like what you are doing!
Just one question though. How are you able to exchange the BTC for USD so quickly and deposit it to the card holder's bank account? This is something I need to know before deciding to buy one.
Keep up the great work!
The money is deposited in your bank account once per day he states... you just get notification that bit-pay got and traded for your money from how I understand it?...
That's something of a relief, but I still wonder if they trade the sent bitcoins (by using their own coins) for USD as soon as the transaction is detected? That still wouldn't be an ideal situation, but then again, I get it that the USD price could shift quite a bit while waiting for 1 or 2 confirmations. Hmm....