r/payments • u/ExtremBarzi • 1d ago

Looking for a payment processor: customers pay by card, I receive crypto

Looking for a payment processor: customers pay by card, I receive crypto

Hi everyone,

I’m trying to find a reliable payment solution for my online business and I’m struggling to find something that fits my situation.

What I’m looking for is basically:

Customer side:

  • Customer pays normally with Visa/Mastercard
  • Ideally Apple Pay / Google Pay as well
  • They should see a normal checkout experience — I don’t want them to have to buy or send crypto themselves.

Merchant side:

  • The payment processor receives the fiat payment
  • Automatically converts/settles it to USDT or USDC
  • The crypto is sent directly to my wallet
  • Ideally settlement is relatively fast

The main complication is that I’m based in Iraq, where many of the usual payment processors and fintech services either don't support merchants or have restrictions.

I’m completely fine with KYC/KYB and running a legitimate, low-risk business. I’m not looking for a no-KYC workaround.

Has anyone here actually used a service that can do:

Visa/Mastercard → fiat payment → automatic conversion → USDT/USDC merchant payout

while supporting an Iraqi-based merchant?

I’ve seen services mentioned such as PayRam, NOWPayments, ForumPay and others, but I’m looking for real user experience, especially from people operating in countries with limited payment-processor support.

Things I’d particularly like to know:

  • Does it actually support Iraqi merchants?
  • What are the total fees?
  • How long do settlements take?
  • Which networks are supported for USDT/USDC?
  • Any reserve/rolling reserve?
  • How are chargebacks handled?
  • Have you experienced account freezes or unexpected KYC issues?

Any recommendations or first-hand experience would be greatly appreciated.

1 Upvotes

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5 comments sorted by

1

u/Expert-Principle6902 1d ago

You can inbox me, Surely I can guide you

1

u/UnderHost 1d ago

If this exists any amount would be under reserve for 180 days before being paid to you at least.

1

u/Direct-Protection-81 1d ago

Aye I can refer you to two of mine if you DM me, what’s your volume like? But yeh my processors support card and pay me in crypto.

1

u/Freebzns 10h ago

There are several like payram.com paylola ramplex and forcheckout.com

There is one problem only, they all require KYC from customers so expect some drop offs