Is very good and makes it easy for people to shop online, as we know many people can not shop online because of the requirement to make hard credit cards. I think this is a great solution and hope bannercoin will be immediately available on online shopping sites amazon, ebay and others.
Well, we'd like to say that it would be available on the big commerce sites, however, what we expect is that the smaller merchants who sell through those larger sites will begin accepting various digital currencies directly through their own website platform. Over time, as they build their customer base and move customers over to buying directly from their own website, they will save a tremendous amount in fees.
A lot of web merchants use the big sites not only for exposure, but for security because they are usually given seller protections. However, the price they pay is ridiculously high. For example, if you accept Paypal on eBay, you not only pay eBay a 10% fee, but you also pay Paypal a 2.7% fee. Therefore, you are paying nearly 13% in transaction fees alone. With our project, the merchant would pay less than 1% in fees and have seller protection because payments wouldn't be reversible!