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Anybody do online credit card processing? What are the percentages you pay?
Posted on September 2nd, 2011 No comments
Question by adrixia: Anybody do online credit card processing? What are the percentages you pay?
My husband was griping about his 2.4% fees for processing credit cards through paypal. I had a rough clocking finding different service’s percentage rates. If you process credit cards online, which company do you use and what percentages do you pay? I don’t think 2.4 is too bad, but I don’t really know. He also pays $ 30 per month to have the service. He only does online transactions. About 200 per month.
Best answer:
Answer by Lauren F
2.4% is about the going rate unless his 200 transactions per month add up to more than $ 1,000 each. Once you get above $ 250,000 you might get a slightly better rate.He could likewise determine to only take other forms of payment – or add the 2.4% to his prices.
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Anybody do online credit card processing? What are the percentages you pay?
Posted on March 1st, 2009 2 comments
adrixia asked:
My husband was griping about his 2.4% fees for processing credit cards through paypal. I had a rough time finding different service’s percentage rates. If you process credit cards online, which company do you use and what percentages do you pay? I don’t think 2.4 is too bad, but I don’t really know.He also pays $30 per month to have the service. He only does online transactions. About 200 per month.
BOBBY