CoinBase introduces simple and easy payment system where users can send and receive payments internationally without any payment fees.
Below are the various features of this new payment service:
* Instant Payment
Payments arrive at the speed of an email (just a few seconds) and are confirmed within the hour. No more waiting three business days for checks.
* Bank Transfers
Add and withdraw funds directly to your bank account. We charge just 0.5% when you convert your money into or out of bitcoin. (coming soon)
* Zero Transaction Fees
Stop paying 2.9% plus 30 cents on credit card payments – bitcoin transactions are completely free, with no setup, monthly, or per-transaction fee.
* Merchant Tools
Easily create “buy now” or donate buttons. We also offer full shopping card integration. (coming soon)
* Works Internationally
Bitcoin is an open protocol for money that is truly international (much like the internet itself). Now you can send money anywhere in the world.
* Reduced Risk
Based on the bitcoin which leads to lesser transaction risks as compared with regular payment systems e.g. banks, paypal etc because it works on virtual currencies.
There is a similar BitCoin payment system ‘BitPay’ however it takes 0.99% transaction fee : https://bit-pay.com/
BitCoin: No Risk, No Hassle, No Borders!