School in New York accepts Bitcoin but not Credit Cards!!

In an interview given by Marco Ciocca, the Chairman of The Montessori Schools in Flatiron and SoHo, to Business Insider, he explained that he had a few parents enquiring about the use of Bitcoin as a means to pay the tuition fees.

"We had probably a handful of parents who mentioned, Hey do you accept Bitcoin? I've got this Bitcoin. Can we pay tuition in Bitcoin?"

The school found that the transaction fees for Bitcoin was less than that of creditcards. Also there's no chargebacks and bounce fees with Bitcoin as creditcards so it seemed to make sense for the school

If only more businesses and schools did this, it will happen slowly of course.

Full article:

https://cointelegraph.com/news/new-york-preschool-accepts-bitcoin-but-not-credit-cards