Post
Topic
Board Economics
Re: Bitcoin's first major deflation event, and its consequences
by
rta
on 15/04/2013, 21:05:09 UTC
If Visa and MC charge 2.5 to 4.5 percent depending on the card and the transaction and bitpay charges .99 as it's lowest rate what has the merchant really gained by switching?

Are you saying merchant have nothing to gain from cutting one of their expenses (one of the biggest in some trades) by 60-77%? That sounds like pretty big savings to me.