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> If chargebacks are easy and the middleman (PayPal, etc.) tends to side with the buyer, would you take the risk of putting up your goods for sale? The answer
by MMAesawy 5y ago
> If chargebacks are easy and the middleman (PayPal, etc.) tends to side with the buyer, would you take the risk of putting up your goods for sale?
The answer is yes for almost all businesses I've seen.
- mitchdoogle 5y agoAnd they bake in the losses to their pricing, as well as banking fees up to 3% or more. I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
- notch656a 5y ago>I've seen vendors online offer substantial discounts for using cryptocurrency as payment. This is actually my 100% use case for crypto. Making legal online purchases at a discount to avoid credit card fees, not retarded speculation or the spectre of crime all the nay-sayers worry about.
- xigoi 5y agoSince when are transfer fees smaller for cryptocurrency?
- notch656a 5y agoMost online metal bullion vendors. Usually I only buy on the occasions they wave crypto fees; but even when they don't it's virtually always cheaper than the CC/Debit option. Compare CC to crypto price on APMEX for example.
- jjeaff 5y agoThere really aren't many online vendors that accept crypto that I have seen. And if they want to avoid views, the fees for a debit card are lower than most crypto transactions at this point.