From a small business perspective, if the purchase transaction is greater than ~$4.00, I would save money by accepting bitcoin over credit card payments. This is because credit card transactions cost about 5%.

Cash however, is still king, as it as zero fees and will always be prefered, as some purchases within the store only have 5% profit margin. It's not the majority. If I was a "cash only" store, as many businesses are because of small profit margins, what would be some advantages of accepting bitcoin? Or will always just be a competitor to convenient card transactions?



Submitted March 29, 2018 at 09:11AM by dickcoins https://ift.tt/2pSUMtV

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