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Old 10-28-2011, 06:09 AM   #14
Xennex1170
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Posts: 355
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Join Date: Oct 2011
Location: Honolulu, Hawaii
Device: Kobo Touch
In addition I would think that it would be in Kobo.com's interest to use a shopping cart and charge a CC only once.. I understand merchants must pay a minimum fee per transaction (e.g. $.75) and add a percentage of the cost of the purchase.. So for example if you purchase 3 $.99 ebooks separately the transaction fee is $2.25 ($.75 * 3) and the CC company takes 2% ($.06), Kobo.com makes profit of only $.66.. If a shopping cart is used and a single transaction of $2.97 is made on the CC the transaction fee is $.75 and $.06 for the CC 2% cut, Kobo.com makes profit of $2.16.. Even if the transaction fee is lower the situation is the same, kobo.com would make a larger profit if they didn't have to make so many 1 ebook transactions.
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