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RE: Modern Finance Chain; Payment Solution for Merchants and Consumers

in #finance6 years ago

Merchants have to pay between 1.5 percent and 3.5 percent for every transaction. That’s minus the processing fee.

This is one of the major issue crypto would removed, taking paypal for example, when I try to make payments via it from my Nigeria credit card, there are different amount of fees been charged, say a service that cost $5 would probably end up been $6, whereas crypto currency would remove other parties amd make the transaction direct between the buyer and seller