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Re:Transaction Fees and the Adoption of Bitcoin by saurik on Saturday February 15, 2014 @05:55AM (#7243408)
The issue at hand is that you've pulled a ludicrous flat overhead fee for the low-end numbers, leading to a 33% charge... even normal un-negotiated merchant accounts are usually not that expensive (the percentage gets higher, but the fixed fees are normally lower). PayPal (which as far as I know anyone could get) is 5%+$0.05, which works out to 10% on the $1 charge.

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