Quote from: aacoins on March 21, 2015, 06:28:01 AM

Quote from: colinistheman on March 21, 2015, 06:23:23 AM

"2.9% + $.30 per transaction" for all payment methods?

Talk about shitting in the face of Bitcoin.

That removes all the benefit and Braintree takes all that as profit.

Well they are using coinbase for there integration so coinbase charges 1% they charge 1% then they take the addtional 0.9% for all of the customer service they are going to have to do and 30 cents/tx covers there server/power/other associated costs.

Don't get me wrong they will make a killing off of this if it goes mainstream but at the same time for a "non bitcoin payment service" to use bitcoin these are the fees they are used to, so they will continue to charge them.

Yeah, but 2.9% + $.30 is the standard PayPal fee anyway. It sounds like the 1% + 1% + 0.9% etc. is just arbitrary math to justify the same old rates. But I could be wrong. Often am.

Me