Coinbase, the US startup that processes Bitcoin payments, has announced that it is now waiving all processing fees for merchants for their first $1 million in transactions.
Coinbase, which raised $5 million in funding this year, charges a flat 1 percent rate to merchants that wish to convert Bitcoin into their local currency, so this move effectively means early-adopting retailers can save up to $10,000. (The company charges no transaction fee.)
http://thenextweb.com/insider/2013/08/27/coinbase-encourages-merchants-to-adopt-bitcoin-after-removing-fees-for-first-1m-in-transactions/
Coinbase, which raised $5 million in funding this year, charges a flat 1 percent rate to merchants that wish to convert Bitcoin into their local currency, so this move effectively means early-adopting retailers can save up to $10,000. (The company charges no transaction fee.)
http://thenextweb.com/insider/2013/08/27/coinbase-encourages-merchants-to-adopt-bitcoin-after-removing-fees-for-first-1m-in-transactions/
