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A flat 3.49% (not even including the 20% discount at volume) for credit cards is substantially better than PayPal and Amazon for micro-transactions. Is there s
by jeff18 15y ago
A flat 3.49% (not even including the 20% discount at volume) for credit cards is substantially better than PayPal and Amazon for micro-transactions.
Is there some kind of hidden fee or limitation I'm missing?
- irengba 15y agoThere are no hidden charges. Noca stands for No Other Charges Apply. There is a minimum transaction size of $2.00 i.e. Noca will not accept transactions smaller than $2.00. Since the average transaction size should be closer to industry average Noca should be able to work without a per transaction fee. Check out http://www.noca.com/merchant http://www.noca.com/merchant (last question in FAQ)
- pjg 15y agoThere is no other fee. (NOCA = No Other Fees Apply). There is a minimum transaction size, currently at $2.00 i.e. Noca will not accept transactions less than $2.00
- plusbryan 15y agoBummer. 99% of our transactions are $1, and so far PayPal is the only merchant that supports this.
- jeff18 15y agoIt was indeed too good to be true. I think you guys should mention that on the site. It's not really fair to compare yourself to Amazon's micro transaction fees but not actually accept micro-payments.