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>In practice, I don’t know of anyone offering 0.3% card processing fees Obviously. They need to pay 0.2%-0.3% to the issuer (ie. the bank that gives you your c
by thesimon 8y ago
>In practice, I don’t know of anyone offering 0.3% card processing fees
Obviously. They need to pay 0.2%-0.3% to the issuer (ie. the bank that gives you your card), but VISA/MasterCard and the processor want their cut as well.
> Can you point me to any cheaper solutions?
At least in Germany there are quite some cheap POS solutions:
0.69% for Visa/MasterCard:
https://translate.google.de/translate?hl=de&sl=de&tl=en&u=https%3A%2F%2Fwww.simplepay.de%2Fec-cash-terminal-ingenico-ict-220 https://translate.google.de/translate?hl=de&sl=de&tl=en&u=ht...
0.98% for Visa/MasterCard:
https://translate.google.de/translate?hl=de&sl=de&tl=en&u=https%3A%2F%2Fwww.cashforless.de%2F https://translate.google.de/translate?hl=de&sl=de&tl=en&u=ht...