Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report
Cointelegraph
Published Sep 30, 2020 02:33PM ET
Updated Sep 30, 2020 04:20PM ET
BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service, and an electronics retailer.
In the report, the unnamed merchants praised crypto’s lack of fraud-related chargebacks, noting the immensity of this issue when dealing with traditional institutions.
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Written By: Cointelegraph
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