4 ms·
Not in the U.S. The interchange fee alone is at least 1% for a credit card, typical all-in fee to the merchant is 2-4%. Checks cost almost nothing in comparison
by sgerenser 4y ago
Not in the U.S. The interchange fee alone is at least 1% for a credit card, typical all-in fee to the merchant is 2-4%. Checks cost almost nothing in comparison.
- kwhitefoot 4y agoThat's what the processors charge, not what it costs them.