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Credit Card Processing Bad Credit

Posted on January 11, 2010.
Credit Card Processing Bad CreditNot everyone online by credit card? What is the percentage you pay?

My husband has been decided on its 2.4% fee for processing credit cards via PayPal. I had a difficult time finding different percentages of service. If you process credit cards online, including the company that you use and how much did you pay? I do not think 2.4 is too bad, but I do not really know.

It also pays $ 30 per month for the service. It only makes online transactions. Approximately 200 per month.

Do not go by rate alone. The only way to compare companies is to compare the total costs for the month and divide by your Visa / MasterCard / Discover sales (so that your blood is really for the month). Include all expenses, for example, monthly minimum fees of the gateway, the Internet transaction fee, batch fees, network costs, costs of other companies outside of your processor.

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2.4% on the tariff in force unless its 200 transactions per month to add more than $ 1,000 each. Once you have above $ 250,000 you could get a slightly higher rate.

It could also decide not to take other forms of payment - or add 2.4% to its price.

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