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It really surprises me how many nay-sayers have posted negative comments, here. Bottom line is that, because of the popularity of paying with credit cards, merc
by bryze 15y ago
It really surprises me how many nay-sayers have posted negative comments, here. Bottom line is that, because of the popularity of paying with credit cards, merchants have to pass on the cost of transaction fees to consumers. Consumers pay. Will your reward points make up for the increased prices that you unwittingly pay? I doubt it. Even if Dwolla isn't the one to do it, toppling credit card profits is in everyone else's interest.
- smackfu 15y agoWhy are merchant credit card fees somehow different from all the other costs that merchants silently pass on to the consumers? Costs that the merchants choose to pay in order to get more sales?
- nickik 15y agoThe are diffrent because the can be avoided easly. Visa/Mastercard are not really doing much but the suck lots of cash out of the real economy and you think thats fine because other people/things suck out money too. We should the consomer keep paying for this when it can be avoided. If there are other silent cost you too should do a start up to help avoid those.
- kahawe 15y agoI don't see giving direct bank account access to any third party plus from my own customer point of view, both VISA and Mastercard have worked well for me in pretty much all situations in a lot of different countries all over the world. If it can bring down the credit card transactions costs then great but other than that, I see no reason to move to bitcoins or dwolla because I see not a single benefit for me. Maybe it is great for you USA hackers but here in Europe... shrug.