Why is the Jubilee Dollar Better Than Credit Cards?
1. Because they allow charge-backs many businesses are exempt from accepting payment by credit card, making it very difficult for those businesses to do business. There are no charge-backs with Jubilee Dollar.
2. Because the cards are issued by local banks, they control where and how much you can use your card. The Jubilee Dollar is decentralized and uses block-chain technology so nobody controls it - you are free to do business with whomever you please.
3. Getting a merchant account is difficult. PayPal, Stripe and others have over-come that hurdle BUT, if they decide they don't like what you are doing they can and will freeze your account making it near impossible to get your money out. Square automatically transfers funds to your bank account usually within 24 hours but again they can shut you down anytime. In all cases your business must comply with their rules otherwise they simply won't process for you. Jubilee Dollar transfers are near instant and nobody monitors where or how you spend your money - unless of course you exchange your Jubilee Dollars for other fiat currencies.
4." High risk" businesses are those who typically have massive charge-backs which is why anyone processing credit cards cannot and will not process payments for those businesses. There are a few companies who will process for high risk businesses, but at exhorbitant rates. The cost of processing credit card payments is simply too high. Typically most charge 2.9% plus per transaction and between 5% & 10% for high risk companies. With Jubilee Dollar all you pay is $10 per month and get unlimited transactions.