Quote from: cafucafucafu on October 02, 2014, 06:25:54 PM

Quote from: bababooey on October 02, 2014, 03:12:10 PM

I recently purchased a VPN service using Bitcoin and they gave me a very nice discount that would have more than covered any costs associated with procuring the BTC.

Imagine if Amazon starts accepting Bitcoin and offers a mere 10% discount

Those discounts are promotions. They are for publicity and to get people to use bitcoin on the sites. They are not permanent discounts which come about from accepting bitcoin. The merchant will save about 3% from card fees but the customer will pay that to buy the btc.

Merchants generally will need to pay ~3% to accept a credit card transaction, however this is not their only cost associated with accepting a credit card. Anytime that a merchant ships/delivers a product and later faces a chargeback claim, will have costs fighting the chargeback regardless if it is successful or not. If the transaction is actually chargedback then they will have provided a good/service and received nothing in return.

Also who is to say that a merchant wouldn't offer a similar discount to what it costs them in CC fees? Even a 3% discount would likely be sought after by consumers as few people are willing to pass up a deal when they otherwise would be purchasing something