Payment card transactions can be disputed or reversed. Cryptocurrency transactions cannot be easily reversed. Reversal is an important capability because sometimes customers or merchants lie, or they can have problems fulfilling their obligations.
When the buyer and seller are in the same country, or are in countries with legal and criminal justice systems which cooperate, transaction risk is lower so fees can be lower.
Payment card transactions can be disputed or reversed. Cryptocurrency transactions cannot be easily reversed. Reversal is an important capability because sometimes customers or merchants lie, or they can have problems fulfilling their obligations.
When the buyer and seller are in the same country, or are in countries with legal and criminal justice systems which cooperate, transaction risk is lower so fees can be lower.