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comment by mk
mk  ·  3982 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin risky for business?

I use Coinbase, but not as a merchant. They do enable you instantly convert BTC to cash so that you don't hold bitcoin, but charge 1% + 0.15 per transaction. That $0.15 is actually an ACH fee, not a Coinbase fee. Here are some details:

https://coinbase.com/docs/merchant_tools/payouts

They are running an offer now where your first $1M in transactions is free, so it looks like you'd get some good mileage out of it, considering that bitcoin will probably be a small fraction of your total.

I have heard about issues with Chase bank and Coinbase. I use a Chase account for my Coinbase transactions, but do very few. I agree with ericblank that a credit union is probably a better option, as they are more likely to be agnostic about it.