
SLP340 Peter Young - El Salvador On The Ground & Free Private Cities
Stephan Livera Podcast
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Is There a Free Government Subsidized Payment Processor?
Open node or eBex Macuado also offer payment processing. But I suppose those are not free like the government one or free government subsidized. If you're using iBex, you're paying between 0.7 and say maybe up to 2, 3% on every transaction that you do. The main cost with something like iBex comes when you start to interface again with US dollars. There's a conversion fee on that, which I think is something like 1.5%. And when you process a payment in Bitcoin,. you're paying, I think it's 0.7% just as a standard fee plus what you pay on the Lightning network. So that's probably about
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