• Meldrik
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      52 months ago

      You can look into “stablecoins”. But the volatility doesn’t really matter for the merchant, as they can usually sell the crypto immediately upon the purchase by the customer.

      • Norah (pup/it/she)
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        52 months ago

        I mean there tends to be overhead and fees that are greater than most other payment processors, no?

        • @monogram@feddit.nlOP
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          42 months ago

          This is the big reason I haven’t even tried paying via crypto:

          € ➡️ bitcoin ➡️seller

          Every step has huge costs that make no sense if there’s an alternative around. And mostly require a large minimum. Nope!

        • Meldrik
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          12 months ago

          stripe has a 1,5% fee for crypto transactions. Dunno if that’s a lot or?

          • Norah (pup/it/she)
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            22 months ago

            It’s not just about the processor fee, though I don’t know why the hell you would use stripe when they’re one of the outfits screwing over itch right now. It’s about the fees to convert into crypto for the buyer, and convert out of crypto for the seller.