"charge sellers a flat 1% fee on received payments. Other services such as PayPal charge a flat minimum rate of 2.9%, but can go above 5% after all hidden fees are accounted for"
What are the other possible hidden fees to be accounted for? Thanks.
I think the fees include the gas or fees for each crypto coin by default, like gas, and then it is the conversion fee except the conversion to utrust token, which is none, then comes the fee for using the service for selling, which won't be more than 1%, those are all I know, we will have to check the beta to make sure which fees are there.
I think he means the hidden fees for oridnary payment services like Paypal. By the way, are there hidden fees if you use Paypal? I don't think so, but I am not sure.