Post
Topic
Board Bitcoin Discussion
Re: Blizzard Entertainment & Bitcoins
by
qwk
on 09/07/2011, 17:38:18 UTC
Why should they accept bitcoins?  Aside from you just wanting them to, that is.  Who is unable to pay them in a currency they accept but who would pay them in pretend internet coins?  Do even five of those people exist?

Transaction fees.

They accept prepaid cards, where the merchants have a share of (i don't actually know, so i'm just making a number up) maybe 10%.
They accept credit cards, where the CC company gets a share of 2-4%.
They accept bank transfers, where the bank receives a fixed fee of probably around 10 EUR-cents (for a 10 EUR payment that would be a 1% fee).

If they accepted bitcoins, the fee would be like, uhm, what's the default transaction fee in the client at the moment?

For a company that receives millions of very small payments, transaction fees easily sum up to millions, they have a strong motivation to lower those fees.