Bitcoin transactions VS Credit Card transactions

Have you ever wondered how remittances work in the world of digital currencies? We decided to make a parallel between bitcoin and credit card transactions to understand which ones are more convenient and secure.

🪙 With bitcoin transaction there is no need of intermediaries as payment is made within the users present in the blockchain network.
💳 Credit card payment are sent only after passing through financial institution.

🪙 The transaction fee when payment is made through bitcoins is less than 1%.
💳 The cost of transactions when paid through credit cards are approximately 3-5%.

🪙 It’s almost impossible to hack the bitcoin network.
💳 Hackers can easily hack credit card transactions by acquiring information of the card and account details while the transactions is processed by the payment gateways.

However, unlike credit card transactions, customers cannot settle disputes or refund payments in the case of bitcoin transactions. If you prefer bitcoin transactions, welcome to Bemnex.