And they bake in the losses to their pricing, as well as banking fees up to 3% or more. I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
There really aren't many online vendors that accept crypto that I have seen. And if they want to avoid views, the fees for a debit card are lower than most crypto transactions at this point.
>I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
This is actually my 100% use case for crypto. Making legal online purchases at a discount to avoid credit card fees, not retarded speculation or the spectre of crime all the nay-sayers worry about.
Most online metal bullion vendors. Usually I only buy on the occasions they wave crypto fees; but even when they don't it's virtually always cheaper than the CC/Debit option. Compare CC to crypto price on APMEX for example.
The answer is yes for almost all businesses I've seen.