The folks over at CoinKite announced they they’ve reduced their starter account fee by more than half to 1 percent — a highly-praised move by those in the bitcoin community.
The fee is applicable to those who are signing up for the company’s “Mostly Free / Saver” package, which before charged over 2 percent per withdrawal. The move makes sense, and puts CoinKite on-par with BitPay’s pricing model.
A reduction of this nature will surely attract more merchants to CoinKite, who seem to be doing good work to be a premier bitcoin payment processor. But will the merchants flock to the service?
As a merchant, which bitcoin payment processor would you go with?