Cryptocurrency Q&A Why is there a 3% fee for credit cards?

Why is there a 3% fee for credit cards?

Sofia Sofia Fri Aug 30 2024 | 7 answers 1210
I'm curious, why is there a 3% fee for credit card transactions in the world of cryptocurrency and finance? Is it because of the additional security measures needed to process these types of payments? Or is it due to the high risk associated with credit card fraud in this industry? It seems like a hefty fee, so I'm interested in understanding the reasoning behind it. Is there a way to avoid this fee, or is it a standard across the board? Why is there a 3% fee for credit cards?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts