[2015-09-10] Fringe Service OnlineTVRecorder.com Charges 25% Fee for Bitcoin Pay

[jdebunt]

http://digitalmoneytimes.com/crypto-news/fringe-service-onlinetvrecorder-com-charges-25-fee-bitcoin-payments/

With so many services accepting Bitcoin payments, spending virtual currency for everyday needs is becoming incredibly easy.  But not every service is accepting Bitcoin for the right reasons, as some companies charge outrageous fees for accepting the virtual currency.  This is strange, as Bitcoin payments are inherently cheaper compared to traditional payment methods.

[RustyNomad]

As the reporter states...

charging a 25% fee on Bitcoin transactions is taking the piss.

It should be the otherway round, they should offer a discount for bitcoin payments because of the lower risk and lower cost. All I can think is that they perhaps don't fully understand bitcoin and maybe try to cover themselves for 'unexpected' cost and or fees or they are really trying to take the piss as stated.

This is not what we need to drive adoption. Luckily there is bound to be others in the same sector who might do the right thing, hopefully.

[LiteCoinGuy]

As the reporter states...

charging a 25% fee on Bitcoin transactions is taking the piss.

It should be the otherway round, they should offer a discount for bitcoin payments because of the lower risk and lower cost. All I can think is that they perhaps don't fully understand bitcoin and maybe try to cover themselves for 'unexpected' cost and or fees or they are really trying to take the piss as stated.

This is not what we need to drive adoption. Luckily there is bound to be others in the same sector who might do the right thing, hopefully.

yep, otherwise it is useless and only cheap advertising for this crappy website.

[jdebunt]

yep, otherwise it is useless and only cheap advertising for this crappy website.

The only way to get these companies' attention is by bringing it to attention of the Bitcoin community. United we stand, right?