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Free for the end consumer yes, but the retailer probably pays some kind of fee?
by spurgu 12y ago
Free for the end consumer yes, but the retailer probably pays some kind of fee?
- xxs 12y agoYes, flat monthly fee.
- ksec 12y agoWow, could you share what sort of price range is that? I never knew the debit cards transaction were free payment process.
- msh 12y agoIn Denmark the charge for a debit card is 0.20 usd plus 0,1% of the transaction for purchases above approximately 18 usd. It's is a smaller fixed amount for smaller purchases.
- brazzy 12y agoNope. At least in Germany, it's 0.3% and a minimum of 8 cents per transaction, plus the monthly infrastructure fee.
- raverbashing 12y agoThis is for EC?
- brazzy 12y agoYes
- needusername 12y agoI believe the new credit interchange for EU is similar.