There are lots of cryptocurrency payment gateways. Each of them have different processing fees and transaction fees. some of them charge 1% to 5% fees on each transaction. which is a huge amount but merchants have to pay this amount. But there are payment gateways who charge the lowest amount like, one payment gateway only charges 0.23% processing fees on transaction. I find it very attractive because merchants will get more from it and it will be more beneficial for them eventually.
Yes i think that low processing fees are more beneficial for merchants. This is because it reduces the amount of money that the merchants have to pay to be able to accept payments from customers. This could save merchants a significant amount of money in the long run, as the lower transaction fees could add up over time. And also having lower processing fees may also increase the number of customers who are willing to use the merchant’s services, as they may be more likely to trust the merchant if they are offering lower processing fees