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Payment processor Coinbase had a big announcement on its blog Thursday as it introduced a new merchant discounts feature.
“When accepting payments with traditional payment methods, merchants incur significant costs associated with transaction fees and efforts preventing fraud and chargebacks. Ultimately, these expenses are passed on to consumers in the form of higher prices for goods and services.” “Bitcoin significantly reduces transaction fees and costs associated with fraud and chargebacks. And now, merchants can share these savings with consumers by enabling instant discounts on orders paid in Bitcoin.”
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