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Is anyone here (or any business you know of) using crypto currency to avoid these extra fees with international customers? If you use a crypto currency, there i
by xrd 7y ago
Is anyone here (or any business you know of) using crypto currency to avoid these extra fees with international customers? If you use a crypto currency, there is no way to reverse a transaction when the customer commits fraud.
- shadowprofile77 7y agoAnd this by the way is the real beauty of crypto. It may have a lot of friction, problems with potential fraud and associations with criminal activity, but if you want to bill customers with near certainty that no middleman service provider will arbitrarily be able to freeze your funds or boot you off their service for whatever obscure reasons they decide to invent and not share, crypto solves the problem. I just wish it could be streamlined more for wider use.
- xboxnolifes 6y agoIt solves one problem, but creates another (the other side). If a truly bad bad payment was made (say, account hacked) there is no way to reverse it. Great for the receiving end, but potentially troubling for the sender.
- vagab0nd 7y agoI use Nano on my website to accept small payments (~$3), in addition to PayPal and Stripe. I'm paying PayPal/Stripe about 15% on every transaction. 0% with Nano. And the money goes directly to my wallet, instantly. It really is great. The only problem? It only constitutes 2% of the sales.