Quote from: farlack on October 14, 2012, 11:04:52 AM

200 coins and you have free transfers for life? Both ways, send and receive?
How long is the loan?
How much interest is the loan?

Are you paying back via cash, or BTC?

Edit:

Also, question, I plan to get people signed up with BTC, what is your average wait time for transactions? Say I send some LR $150 worth, how long should I be expecting to wait?

Hi Farlack,

It's not completely free for you. The reduction in fee is out of our profit, not the total cost.

Here is how it would work for 60% off:

We normally make 7.09% profit on credit card orders, after
the 3% fee our credit card processor charges us. We normally charge you 10.9%.

We would reduce our profit margin by 60% on this order so we would
only make 2.84%, meaning if you wanted to place a credit card order we
would only charge you 5.84% for the order.

So we take our markup percentage, subtract our cost percentage, then
reduce the profit margin by 60%.

Lets look at another example. We charge about 5% for Western Union. We
have no fees associated with Western Union so 5% is all profit
margin.We would give you 60% off that 5% and only charge you 2%
instead

Please don't hesitate to let us know if you have any other questions.

Thanks,

QuickBitcoins