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Yeah I tried to find the rates that Swish charges to businesses but didn't find them (although didn't look to thoroughly either). But can it really be even belo

Yeah I tried to find the rates that Swish charges to businesses but didn't find them (although didn't look to thoroughly either). But can it really be even below the 0,2% of cap for debit cards?

Symbiote 9y ago
The rates for Danish MobilePay were easy to find [1], and are flat, under 30-75 ears [2] depending on volume. I'd guess that's around 0.5-1%, but I don't have much idea. [1] https://mobilepay.dk/da-dk/erhverv/Pages/mobilepay-myshop.aspx https://mobilepay.dk/da-dk/erhverv/Pages/mobilepay-myshop.as... [2] Well, I say "crowns" in English
Annorax 9y ago
Swish is 1 to 2 SEK (2 being the list price that can be negotiated) per transaction. Then swish has a daily cap of payments you as user can do of 150k SEK (system limit, not a soft cap that the user can remove).
- StudentStuff 9y ago
  That is an extremely low limit for any noteworthy business, equating to $500k USD a month total. Most small grocers here in Seattle do more than that in credit/debit monthly.
  - kungtotte 9y ago
    The Swish limit is for outbound payments, not total transactions. So a grocer that accepts Swish payments will in no way be hindered by this limit, unless they for some ungodly reason are also swishing money back to customers.