5 ms·
Micropayment rates are usually much lower, think 4 to 5 cents plus 5% for small dollar transactions with a normal merchant processor that actually underwrites y
by simfree 3y ago
Micropayment rates are usually much lower, think 4 to 5 cents plus 5% for small dollar transactions with a normal merchant processor that actually underwrites your account upfront unlike Stripe.
The Visa/MasterCard auth fee can be below 10 cents for larger payments as well, and depending on card type and brand program the percentage can be below 1%