Re:Bank transfers as a payment method
by ericcholis on Saturday November 27, 2021 @07:29AM
(#29359664)
You can DEFIANTLY get a volume discount from any credit card processor based on volume. Typical large merchants are paying Interchange Plus at a much lower rate than what's listed on Stripe or Square. Interchange is the rate paid directly to the card issuer and Visa/MC. Plus is paid to the merchant account (Stripe).
The actual itemized fees inside of that Interchange fee are mind boggling.
The actual itemized fees inside of that Interchange fee are mind boggling.