Topic: Merchant Services

2 chapters across the catalog

Pilots of Terror
Episode 601 1:07:33 - 1:11:09

601: Pilots of Terror

Producer Credits, Merchant Services Donation

Scott Blair of Houston, Texas, offers a recurring donation based on his merchant services commissions. The hosts discuss how listeners use their "Executive Producer" credits on IMDB and LinkedIn to display their support for the program.

Ninjas in Mongolia
Episode 503 5:37 - 9:09

503: Ninjas in Mongolia

BitPay Merchant Services, Transaction Fees, and Volatility Risks

BitPay allows merchants to accept Bitcoin by converting it to local currency for a 1% fee, though the timing of these transfers creates risk during rapid price fluctuations. A hypothetical scenario explores how a merchant might lose money if the exchange rate drops between the time of a sale and the daily bank transfer. The discussion questions the long-term viability of such services in a "whipsaw" market.