2025-12-11 22:20:53

I recently came across a comparison of transaction fees across different payment networks, and I found it quite interesting.

Traditional payment giants like Mastercard and Visa have transaction fees of around 3%, which is actually a significant cost for merchants. Some emerging blockchain payment networks, such as Pi Network, reportedly have fees as low as 0.01%.

If this data is accurate, the difference is indeed significant. The decentralized nature of blockchain technology can theoretically greatly reduce intermediary costs. Additionally, cross-border transfers are not limited by traditional financial systems, which might give blockchain payment networks an advantage in certain scenarios.

However, it’s worth noting that the competitiveness of a payment network is not solely determined by fees. Factors such as user base, merchant acceptance, regulatory compliance, and system stability are equally important. Traditional payment networks have been developed over decades, and their ecosystems are quite mature.

Do you think blockchain payment networks have a chance to capture a share of the mainstream market? Or will they remain primarily within the crypto community for the long term?

PI-0.36%

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OnchainDetectiveBing

· 10h ago

0.01% sounds crazy, but whether Pi Network's approach can really be implemented remains to be seen. Mainly, Visa's ecosystem is too solidified; it's not something that can be shaken simply by low transaction fees. It's not too late to boast once blockchain is truly widely adopted by merchants.

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GateUser-5e8beebf

· 18h ago

I am one of the merchants (old wine). I joined a merchant alliance that accepts pi payments, which includes over two thousand merchants and quite a few small and medium-sized enterprises.

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GateUser-d30024b8

· 21h ago

The more people walk, the more it becomes a path, a shared effort.

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MEVHunterLucky

· 21h ago

0.01% fee sounds great, but when you actually use it, you realize it's not that impressive. As for Pi Network, whether merchants accept it or not is the real issue—what's the point of talking about reducing costs?

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MemeCoinSavant

· 21h ago

so pi network hitting that 0.01% fee thesis is giving major copium vibes ngl... like yeah statistically the numbers look based but where's the peer-reviewed data on actual merchant adoption? the regression analysis on this one's not checking out fr fr

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Rugman_Walking

· 21h ago

0.01% sounds great, but what can the Pi ecosystem actually support? Honestly

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TrustlessMaximalist

· 21h ago

0.01% sounds great, but only after using it do you realize what stability really means. Visa's system has been running for decades, and what about us?

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TopBuyerBottomSeller

· 21h ago

0.01% sounds great but it's just for listening; what really matters is whether people will use it. Who would give up Visa just to save on fees? No matter how good Pi Network sounds, it depends on whether merchants are willing to accept it. Low transaction fees alone are useless. The real issue is regulation. That’s the true bottleneck. Don't just focus on the numbers to fool yourself. Honestly, blockchain payments are just self-amusement within the community in the short term. Dreaming of replacing Visa? That's a fantasy. The ecosystem's maturity is vastly different, and it’s not something that can be fixed with just lower fees. Cross-border transactions do have some potential, but stability and security still need to be tested.

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