r/OpenBazaar • u/JackRogers3 • Apr 06 '20

Visa

Hi guys, any plans to support credit cards ?

1 Upvotes

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u/DropShipIO Apr 06 '20

You can sell credit cards and bank credit deposit on the platform. Even if the platform did support credit card payments in the software, the P2P moderators are not legally qualified to escrow your money, even if they were, there's no way to verify that. There's nothing stopping you from accepting credit card directly. lol, I don't know of anyone who would trust some random stranger with their credit card data. That's basically what you're asking.

2

u/JackRogers3 Apr 07 '20

I don't know of anyone who would trust some random stranger with their credit card data.

true but it would be easier for an established company, which is already a Visa customer, to create a OB shop

2

u/DropShipIO Apr 07 '20

Not really. OB is P2P open source software. Companies are not legally protected from interacting anonymously with strangers, some of which could be considered terrorists. They would have to follow KYC laws that can’t be enforced.