OPAGO Is Enabling EU Merchants To Accept Bitcoin Payments As Easy As Fiat \ stacker news ~bitcoin

OPAGO Is Enabling EU Merchants To Accept Bitcoin Payments As Easy As Fiat www.observers.com/opago-is-enabling-eu-merchants-to-accept-bitcoin-payments-as-easy-as-fiat/

659 sats \ 13 comments \ @OPAGO_PAY 16 Jul bitcoin

Thank you to observers.com for the article about @OPAGO_PAY.

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100 sats \ 1 reply \ @fm 16 Jul

"Our motivation is to remove the technical, regulatory, and tax hurdles to enable merchants to easily accept Bitcoin payments via Lightning." For a 1% flat fee on transactions, it gave merchants an OPAGO PoS Terminal, which, after each bitcoin payment, returns a report with all necessary financial information.

Sounds good..

0 sats \ 0 replies \ @OPAGO_PAY OP 16 Jul

Thanks!

13 sats \ 1 reply \ @grayruby 16 Jul

Very cool.

0 sats \ 0 replies \ @OPAGO_PAY OP 17 Jul

Thanks @grayruby!

11 sats \ 1 reply \ @BitcoinAbhi 17 Jul

You're doing an exceptional job! Keep it up bro!

0 sats \ 0 replies \ @OPAGO_PAY OP 17 Jul

Thank you @BitcoinAbhi :)

1 sat \ 1 reply \ @beorange 16 Jul

Awesome. Everything that helps adoption and facilitates a circular economy is welcome. I wish you great success.

0 sats \ 0 replies \ @OPAGO_PAY OP 16 Jul

Thank you @beorange! :)

0 sats \ 2 replies \ @Coinsreporter 17 Jul

Thanks for sharing! I would also come up with an article about it in a day or two on platform where I'm a writer.

11 sats \ 1 reply \ @OPAGO_PAY OP 17 Jul

looking forward to it, please let us know or tag us :) Thanks!

11 sats \ 0 replies \ @Coinsreporter 17 Jul

Surre!

0 sats \ 1 reply \ @anon 16 Jul

Unfortunately in the EU card present credit card transaction fees are capped at 0.3%, so 1% is kinda expensive compared to them. In other jurisdictions that's not true, and 1% would be pretty good for many businesses.

Of course, many businesses have profit margins high enough that 1% isn't a big deal. But for others, 1% is their total profit margin.

1 sat \ 0 replies \ @OPAGO_PAY OP 16 Jul

Hello Anon, thank you for your comment. Debit cards can have small transactions fees depending on the contract and location. However, this does not apply to credit cards for example American Express.