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ohstopitu | 8 years ago

umm that's highly disingenuous.

If you accept cash -> banks have a fixed transaction fee (anywhere between $2 to $25 for any amount of money).

If you accept credit/debit/mobile -> there are atleast 2 transaction fees - one by the payment provider (generally % based) and one by your bank (fixed fee).

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astura|8 years ago

You're the one being disingenuous.

Cash has four transaction fees:

1) cost of storing it and counting it

2) cost of physically moving it to the bank

3) transaction fee.

4) increased risk of doing all of the the above.

AckSyn|8 years ago

[deleted]

qaq|8 years ago

there is a diff. between no fees and lower fees or different fee structure etc.