wrote in message
...
| Maxwell #$$9#@%%%.^^^ wrote:
|
| "B A R R Y" wrote in message
| ...
| | wrote:
| |
| | Transaction fees are also usually tied to volume.
| |
| |
| | Right! And the merchant's provider.
| |
| | Some smaller merchants actually get decent deals from small local
banks,
| | or discount consolidators like Costco Wholesale.
| |
| | Others have suffered shark attacks...
|
| But does the individual sale amount ever vary the cost?
|
| I don't take credit cards in my business, but all the offers made to me
to
| do so have always been a straight percentage.
|
| The costs to the merchant are going to depend on the provider, the
numerical
| volume, and the money volume.
|
| There is usually a monthly minimum fee.
|
| For a retail business with high volumes, the minimum becomes a non-issue
| and the rate is normally a straight percentage.
|
| If the business is such that credit card volume is really low, the fees
| can easily eat up all the profit.
|
| Like everything else in life, it depends.
|

Agreed, but let me rephrase. Has anyone accepting Visa ever been charged a
higher percentage on transactions because they were under $10 or $15?

I had never heard this before.