They work on thin margins and hate even the one to two percent transaction fees
imposed by credit card companies.
Bitcoin Transaction Coordinator allows your business to accept Bitcoin for payment of orders and invoices or use Bitcoin to pay bills (note: disbursements are currently in development) effectively eliminating typical transaction costs
imposed by credit card companies.
Not exact matches
It comes on the heels of a crackdown
by the Competition Bureau over restrictive practices
imposed on merchants
by credit card companies.
«The interest rate and any applicable fees charged
by a bank or
credit card company are usually lower than the combination of interest and penalties
imposed by the Internal Revenue Code.»
If you plan to rent a car on your vacation, avoiding the high charges
imposed by rental car
companies if the car is damaged is also crucial — especially since this type of coverage is not typically provided
by your own auto insurance coverage or the coverage provided
by your
credit card.
The PEY terminal is being offered for free to local merchants to encourage the use of bitcoin as a means of payment, while bypassing the high fees
imposed on German traders
by credit and debit
card companies.