From El Salvador to Zambia: The Global Growth of Bitcoin Payments

Summary The conversation explores the challenges faced by merchants in transaction processing, particularly focusing on high fees, long settlement times, and chargebacks. It discusses how Bitcoin could potentially address these issues by offering lower fees and faster settlements, emphasizing the need for tailored solutions for merchants. Takeaways Merchants face high fees and interchange costs. Instant settlement is a significant concern for merchants. Chargebacks are a major issue in transaction processing. Bitcoin offers potential solutions for transaction fees. Lower fees and faster settlements are desired by merchants. Finding the right Bitcoin solution is crucial for merchants. Credit card processors need to adapt to merchant needs. Understanding merchant pain points is essential fo