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A comment on Dropbox to cut 11% of its global workforce. Parent comment

Re:Dropbox to cut 11% of its global workforce by indymike on Wednesday January 13, 2021 @11:20AM (#25764075)
Credit card fees are negotiable with most processors. You can get a fee structure that is optimized for low dollar transactions.
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Re:Dropbox to cut 11% of its global workforce by Supermancho on Wednesday January 13, 2021 @12:40PM (#25765380)
That minimum fee has recently increased. Like 1-2 months ago. You are not going to negotiate that down with VISA/MC. Talk to a bar/restaurant worker, who gets to see the transaction fees.
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Re:Dropbox to cut 11% of its global workforce by indymike on Wednesday January 13, 2021 @04:32PM (#25768243)
I own an MSP and we have wide latitude to set rates with our customers. The numbers that were in the example ($.50 plus on a $2 transaction) are on the high side of ridiculous, especially for card present. And yes, the base costs vary by industry so your milage may vary.
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Re:Dropbox to cut 11% of its global workforce by brianwawok on Wednesday January 13, 2021 @05:00PM (#25768518)
You think card is present when you sign up for dropbox?
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Re:Dropbox to cut 11% of its global workforce by indymike on Wednesday January 13, 2021 @09:21PM (#25771020)
No, poster mentioned restaurants & bars, which generally are card present.
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