This is just about as easy as putting a button with a form on your page. Sure you have to pay a fee. But it is worth it to save a lot of headache.
He brings up a good point that we didn't get time to explain on TV. We basically have 2 options for paying our merchants:
1. If you don't want anything to do with bitcoins and you want dollars sent to your bank account, like what happens with Paypal or credit cards, then bit-pay assumes the currency risk and the trading fees for the full amount of the order. We do all of this as part of the package for the merchant that doesn't want to mess with bitcoins. Our fees for everything in this case is 2.99%.
2. If the merchant is fine taking bitcoins, we do offer a much lower fee for this, since we don't have any currency exchange or trading risks or costs. If you'll take bitcoins, you can use all of bit-pay's services and the fees are 0.99%.
Ahh, that's what I was waiting for. .....Now I can fully apologize for my criticisms of you guys. I wanted to, but had to put you up against the wall first, to get those crazy prices down for the community.
I want to say I fully appreciate what you guys are doing, I just had a real serious problem with those prices being charged to the bitcoin community for something that does not warrant it. Good luck with your endeavor. I'll be using your services on some of my sites in the future. 1% is reasonable. Thanks!
