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BitPay Stops Processing Payments Less Than $100, Backpedals Two Days Later

BY: @cryptonized | CREATED: Dec. 25, 2017, 9:13 a.m. | VOTES: 10 | PAYOUT: $14.17 | [ VOTE ]

[IMAGE: https://steemitimages.com/640x0/https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iZjVjYWIxYjViNjA5NTNiODA0YTQwYTMwNmUwMGNiOS5qcGc=.jpg]

BitPay Stops Processing Payments Less Than $100, Backpedals Two Days Later

> As BitPay implements and retracts an update to the minimum payment size on its platform over the span of just two days, users are frustrated over the lack of SegWit support.

Read more: cointelegraph.com

https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png

Related news

BitPay Backpedals, Resets Minimum Payment from $100 to $5

> Just days after imposing a $100 USD minimum for merchant payments and debit card reloads, BitPay says it will lower the minimum to $5 instead. However it noted that users may still face transaction fees higher than the actual purchase, depending on networ...

Read more: bitsonline.com

https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png

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TAGS: [ #newslink ] [ #bitcoin ] [ #cryptocurrency ] [ #crypto ] [ #news ]

Replies

@journeyoflife | Dec. 25, 2017, 9:18 a.m. | Votes: 0 | [ VOTE ]

I think they realize that they will loose business that way , it’s better to take everyone happy rather than loosing people

@cj23 | Dec. 25, 2017, 9:26 a.m. | Votes: 0 | [ VOTE ]

They do it right! more transactions, more fees. Fees are killing me. lol.

@akatsuki28121997 | Dec. 25, 2017, 9:40 a.m. | Votes: 0 | [ VOTE ]

how do you predict about bitcoin in 2018

@pujaisma | Dec. 25, 2017, 9:41 a.m. | Votes: 0 | [ VOTE ]

how do you predict about bitcoin in 2018

@globearn | Dec. 25, 2017, 11:15 a.m. | Votes: 0 | [ VOTE ]

Fees would continue to be high as long as cryptocurrencies are high and the reason is in this post
https://steemit.com/steemit/@globearn/transaction-fees-for-cryptocurrencies-steemit-is-the-winner-cos-it-has-been-free

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