The Buyer Pays Fiat, The Seller Receives Sats, How?
529 sats \ 13 comments \ @Fabs 3 Aug bitcoin
I'd like to know how one can be paid in sats without the other party knowing it, in other words:
  • Buyer sends fiat to IBAN XY of company XY, said company swaps said fiat into sats, and the sats (- fees) are transferred to me (preferably via LN).
If this can be done without a professional service, and thus, extra fees, even better.
This way one can receive sats without the other party knowing it, increasing my privacy.
I hope it's clear what I'm after, anyone who knows how to do this?
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24 sats \ 0 replies \ @Coinsreporter 3 Aug
This is a very interesting. We generally talk about Bitcoin to Bitcoin and Bitcoin to Fiat POS but I've never come accross any POS that has an automatic conversion of Fiat to Sats without letting the buyer know. Yes, there are services with with which you can buy with the fiat accumulated in your seller account. @OPAGO_PAY may answer it or may come up with a solution I think.
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50 sats \ 1 reply \ @kepford 3 Aug
Not sure is Zaprite supports conversion but you can get paid in fiat and bitcoin.
The issue with every solution that touches fiat is KYC. The credit card processors all require it.
https://zaprite.com/
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55 sats \ 0 replies \ @Fabs OP 3 Aug
Hm, seems promising, thanks!
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0 sats \ 0 replies \ @OT 3 Aug
I think bitwage does this.
The opposite is living loom of satoshi where you can pay bitcoin or crypto for bills.
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0 sats \ 0 replies \ @kilianbuhn 3 Aug
I think that is the exact opposite of what most people are working on currently 😂👍🏻
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0 sats \ 1 reply \ @032732f529 3 Aug
Strike. They can deposit to the Strike app from a bank account and swap to BTC, there is a fee but they have levels and fees go down depending on the traded ammount. After thye swap to btc they can send to your(any) LN or onchain wallet.
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0 sats \ 0 replies \ @Fabs OP 3 Aug
I'll have a look, thanks.
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0 sats \ 2 replies \ @supratic 3 Aug
Bitwage look’s like does just that. But you rely on a third party an you likely need to KYC.
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0 sats \ 1 reply \ @Fabs OP 3 Aug
I thought they only do that with one's monthly salary?
EDIT: I'll have a closer look at their Freelancer option, thanks.
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0 sats \ 0 replies \ @kepford 3 Aug
Bitwage has KYC in the US at least.
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0 sats \ 1 reply \ @Longtermwizard 3 Aug
https://bringin.xyz/
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0 sats \ 0 replies \ @Fabs OP 3 Aug
That's bitcoin -> fiat, not the other way around, no?
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0 sats \ 0 replies \ @Octopus 3 Aug outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.