[2016-06-12] news.bitcoin.com-Walmart Drops Visa, Proving the Potential of...

[wintermeasures]

Walmart Drops Visa, Proving the Potential of Bitcoin’s Low Fees

Along with many major merchants across the globe, cryptocurrency supporters would love to see a company like Walmart adopt Bitcoin.

Bitcoin fees are extremely low and typically are less than 1 percent of a transaction, whether it’s a couple of dollars sent or a million dollar transaction.

Average credit card processing fees can be upwards of 1.95 to 5 percent. The average cost for card-not-present businesses can be roughly 3% for online operations. These estimates don’t include annual membership costs and other hidden fees.

READ MORE >>> https://news.bitcoin.com/walmart-drops-visa-bitcoin/

[Siskaver]

If the smart phones can have an app to do the bitcoin trading, shoppers can use it in the big supermarket.

[DarkThrones]

If the smart phones can have an app to do the bitcoin trading, shoppers can use it in the big supermarket.

A mobile app for bitcoin buying. Maybe coinbase will make one if they don't have it already. It's probably a big priority. A good exchange who gets it first could gain a lot of ground.