It is no secret that smaller businesses are struggling to keep with growing overhead costs these days. Especially when it comes to accepting payments, the fees can add up to very large amounts rather quickly. A new initiative in Europe aims to lower these transaction fees by up to 1.500 EUR per year. That is, assuming card processors will give retailers the discounted rate in full, and not shave off a small cut every time.
http://bitcoinist.net/europe-lowers-car ... r-cheaper/
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Bitcoinist - Europe Lowers Card Interchange Fees – Bitcoin Still Far Cheaper
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