re: Flat fee payment processing with BitPay

quote:

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Seems a negligible difference though.

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it is. no doubt.

and certainly the volume of bitcoin payers at this point is so small that it makes this discussion more of a philosophical one than a reality based one.

but i think it's very interesting. some disruption in this industry is desperately needed.

there is no reason that a business should be paying 3% or more plus a $0.10 to $0.15 per swipe fee to simply perform a transaction. (this is no jab at Square which at least seems to be attempting to disrupt this space, but rather at the traditional model that companies like Visa/MasterCard use)