High chargeback risk makes sense; the 1-3% fee otherwise doesn't really make a b... | Hacker News

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rdl on Nov 3, 2012 | parent | context | favorite | on: BitcoinStore Launch - Cheaper In Bitcoin

High chargeback risk makes sense; the 1-3% fee otherwise doesn't really make a business, given how widespread credit cards are, etc., IMO.

So, selling prepaid cards online would be a particular niche, maybe, or other things which are cash-equivalent.

BitcoinStore on Nov 3, 2012 [–]

For the 1-3% fee businesses, it does actually make sense. Especially with really low-margin sites. Think of your local grocery store offering a cash discount because of credit card fees, those businesses really do exist on the margin.

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