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So what was the problem here? Taking a guess as to how the ATM servicer responded to the author’s support ticket, it seems like the ATM servicer is batching sma
by SOLAR_FIELDS 7y ago
So what was the problem here? Taking a guess as to how the ATM servicer responded to the author’s support ticket, it seems like the ATM servicer is batching small transactions into a larger daily transaction on their end to either cut down on fees or do some sort of rate arbitrage.
Bitcoin as a payment system is pretty much untenable these days due to fees and confirmation times but why couldn’t the bar just accept a different cryptocurrency that is in semi wide use, has near instantaneous confirmations, and sub-cent fees? There are several of these but Ripple is the first one that comes to mind.
- corodra 7y agoIf you own a business, one of the worst things to manage is all the different payment systems you have to maintain. Both logistics and tax tracking. Theres a very good reason why merchant service companies exist. They still suck, but they're easier by orders of magnitude, of dealing with all the cards yourself. I can only imagine how much more difficult it can be for companies outside the states. Unless you're in Greece. Then you don't pay any taxes.