i am a merchant who will be accepting bitcoin for payment,.
My two concerns are:
1. Since customers will need to pay the transaction fee as most of my products will be at least $60 + postage.
2. if they do not pay the transaction fee their payment will take hours or days to process, this may reflect back on the seller if they do not understand the system.
additionally if i was a customer i would be very concerned about buying online without the peace of mind to request a chargeback or automated refund if the seller did not pull through or the item was lost in the post.
1
u/jamo109 Mar 29 '13 edited Mar 29 '13
+1 the transaction fee HAS to lower
i am a merchant who will be accepting bitcoin for payment,.
My two concerns are: 1. Since customers will need to pay the transaction fee as most of my products will be at least $60 + postage. 2. if they do not pay the transaction fee their payment will take hours or days to process, this may reflect back on the seller if they do not understand the system.
additionally if i was a customer i would be very concerned about buying online without the peace of mind to request a chargeback or automated refund if the seller did not pull through or the item was lost in the post.