Just stacked 200k sats back paying rent (-$10 debit fee) with my Fold card... saved up 20+ spins and was getting really anxious/angry but managed to hit 3% back with my 2nd-to-last spin :P
Closing in on 3M sats through this card in the past year..
It was a $9.95 processing fee for debit card... so net $70 ahead. The highest I was spinning was $20 total sats-back until that last spin so I got pretty lucky there.
But they still must pay the merchant payment card network fee (or, more accurately, before your payment reaches the landlord, it will have the merchant payment card network fee deducted, which could be several percent depending on what method they use.
Not sure.. it's a big downtown apartment complex part of multiple managed buildings so they might have some sort of deal with payment processors. Flat fee always made more sense over % fee although I guess risk goes up with bigger transactions.
Not unlike IRS website where I'm able to make federal tax payments with I believe a $4.95 debit card fee and get a decent amount of sats back from there as well.
I was just thinking how stacker news is a game changer and I truly believe it will be bigger than reddit...
Why?
Cause it's plugged onto Bitcoin via the LN...
Just a matter of time...
Hello, nice website! I found it via the german einundzwanzig telegram chat. We recently had a podcast episode and a discussion about value for value. Someone recommend SN.