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Old 12-27-2012, 11:09 PM   #4
oj829
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Posts: 172
Karma: 510888
Join Date: Jul 2012
Device: Kobo Touch, Kobo Glo, Kobo Arc(32GB), NookHD
Quote:
Originally Posted by nogle View Post
I think the OP is saying that s/he had the opportunity to see some breakdown of the fee charged to his/her card and that of the charge, the credit card was charging Kobo an amount ranging from 2.7-4.6% that would include processing and other fees. So, not money out of the OP's pocket, but out of Kobo's margin.
(And out of the indie bookstore affiliate's, too.)

But yes - Correct. I paid Kobo's retail price and not a penny more, but the "processing fee" line item of the breakdown varied as a percentage of the retail price. And it appears that the smaller the bottom line number, the bigger taste the card companies got. I may be mistaken, but if I could "shopping cart" the books, and thus avoid, say, $5.99 purchases, the CC companies could be kept to getting only a half pound of flesh.
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