[csomar]

> Third-party Bitcoin payments services typically take a 1% fee.

This is not accurate. Bitpay (most popular payment provider) charges you only if you settle (convert your BTC to USD).

If you are going through an exchange (bitfinex for example), you'll pay 0.2% for taker rates.

0.8% seems reasonable enough for me considering that Bitpay provides a decent interface and decent tools.

[ChemicalWarfare]

+1. That ~1% fee is for merchants who want to accept btc but don't want to deal with the ecosystem. They just provide their bank info to the processor and get fiat deposited there.

[jstanley]

Thanks, I didn't know that!