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#16 |
Guru
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 774
Karma: 1211741
Join Date: May 2008
Location: Oregon
Device: EB1150, iPhone, Cool-er Purple, Pocketbook 360, Kindle Fire
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credit cards
Most credit processors charge the merchants a per transaction fee. When I was researching getting a credit card merchant most of those fee's were .20 to .30 depending on what sort of a contract and company. Then they tack on a percentage of the total purchase, which also depends on what contract that they have can run from 1.5% and higher. I would imagine that fictionwise has a better deal on their credit card processing fee's than what the average small business can get.
Its not unusual for smaller companies to charge a small fee for transactions under $5 Amy |
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