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A comment on Ask HN: Why do all payment processors charge 2.9% + $0.30 per transaction?. Parent comment

Re:Ask HN: Why do all payment processors charge 2.9% + $0.30... by PeterisP on Saturday October 12, 2013 @08:59AM (#6538565)
Even they don't get lower rates than interchange, because issuing banks get that no matter what. But they can get a very low margin above that.
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