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> a good merchant account will have rates under $0.20/transaction That's impossible. Visa and MasterCard's interchange rates are 1.15% - 2.7% + $0.10 per trans
by dangrossman 15y ago
> a good merchant account will have rates under $0.20/transaction
That's impossible. Visa and MasterCard's interchange rates are 1.15% - 2.7% + $0.10 per transaction, that's the floor at which a merchant account could start its pricing.
- GICodeWarrior 15y agoSorry, you are right, I was only quoting the merchant account rates on top of the interchange. The 1.94%/transaction on that page is competitive. With that and my other numbers, the Recurly are still competitive with Stripe.