Quote from: Smalleyster on August 11, 2011, 09:46:05 PM

Quote from: aq on August 11, 2011, 09:41:28 PM

Sure, those 0.99% fees are way higher than the usual cc 1.5% + $0.15 fees. Huh

?
I think someone is in trolling mood...

For most mechants that is a 3% fee as they couldn't care less about keeping btc. For that they can just use PayPal and not risk a new venture.

Sure.
1) Ever tried paying with bitcoins on paypal?
2) Paypal charges some big fees on currency conversion, and BTC->USD is exactly that, a currency conversion.

I am not sure if one can even pay in USD using bitpay, or what the fees would be if possible.
Believing bitpay is BTC only, I think the best solution for a merchant would be just having 2 buttons. A paypal and a bitpay button.
So the merchant would get those super low paypal fees , and the 3% bitpay fee for the bitcoin customer that one would probably not have otherwise. I think that is still a good deal.

@bitpay: should think about a system like in BTCinch. A merchant can set a percentage there, so that only a part of the bitcoin payment will be converted. Maybe this could also reduce your fees.