Payment processor and cryptocurrencies

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Xamilow

New member
Hello good day. I have an LLC, Mercury bank account, and am thinking of implementing Stripe.

My idea is that they buy products on a page with legal products. And they receive cryptocurrencies.

The objective of this is to have the price of the coins much cheaper due to a ban in my country.

Sounds like a good idea? Do you think it will work? I accept criticism and advice.
 

Xamilow

New member
What country are you in?
Argentina
How would you do it if someone chargeback their payment and say they didnt receive their package?
I will have the personal information of these people.
that is always the way they sooner or later find out what it is you are doing!
I know, I'm thinking about it a lot. I have to protect myself more, I could even know the exact location of where they live.

What do you think of WooCommerce Payments?
 
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uplana

Corporate Services
Mentor Group Gold
I will have the personal information of these people.
it won't help you, as soon as the CB hit's your account chances are they will investigate it and figure out what you are doing!

What do you think of WooCommerce Payments?
it is a plugin as far as I know not a payment processor?!

Any payment processor that you can fool to approve your business will work for you until the day you get hit by an CB!
 

JeffBesos

New member
How will you get stripe to accept processing your sales? You need the website fully setup and possibly prior sales?
I am not sure how that works, I got denied by Stripe a few years ago. I might try now that I got solid foundations.
 

myshufflemix

Mentor Group Gold
sending physical goods could protect you from chargeback claims. You would easily be able to claim you send a product with proof while the disputer don't tell the truths
 

clemens

Corporate Services
Mentor Group Gold
Good idea. Just make sure you do a proper checkout and actually ship the product if you receive a test order from the processor
that is very important anyway. If you just get one chargeback you are game over.
 

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