As Walmart Canada feels that the fees being charged by Visa are quite high, so it has decided to stop and not to accept any kind of transaction via Visa cards. Hence, a good opportunity for Bitcoin to enter the market and give rise to a question – Will Bitcoin is a viable alternative that will overcome to Visa that provides a high payment process?
An Expensive affair – Credit Cards:
Credit cards are trying to give its best as it the convenient way of the payment cycle without any additional charge as so are much more popular among the customers. The transaction value as a fee is charged up to 25 % of the merchants who accept the credit cards. There are charge backs over any disputed transactions in which merchants are subject to, and eats into their profits. As per the retailers comment: