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I think 3% is an exaggeration. And in fact, you can get 2% cash back. I don't think there's very much being charged when all is said and done. This seems to sh
by perl4ever 5y ago
I think 3% is an exaggeration. And in fact, you can get 2% cash back. I don't think there's very much being charged when all is said and done.
This seems to show the fees can be considerably less than 3%, although PayPal or Square will charge nearly that:
https://www.fool.com/the-ascent/research/average-credit-card-processing-fees-costs-america/ https://www.fool.com/the-ascent/research/average-credit-card...
https://www.mastercard.us/en-us/business/overview/support/merchant-interchange-rates.html https://www.mastercard.us/en-us/business/overview/support/me...