For the consumer, yes.
For the merchant, implementation/maintenance costs are in the tens of thousands and they are fearful of chargebacks and when payments fail. Also they increase their prices to offset the high fees so that consumers pay more.
Post by twetch#1489
So, there is a cost offset by convenience, so what?
It is the best cost/benefit globally available option for merchants right now.
Try to convince a merchant to dump credit/debit cards and you will see.
What the chain says
- Block
- 626 908
- Time
- 2020-03-19T15:49:58Z
- Signer
- 1G7DLq695juhR7QFz5jn1AaXH55Hxn4kZS
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1489
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1G7DLq695juhR7QFz5jn1AaXH55Hxn4kZS Verified