Quote:
Originally Posted by Rand
Just making a point man, that's all.
In fact, service has vastly increased and rates have gone down slightly in the past ten years. So not only have rates not increased in over a decade, the services and features have gotten better. I don't know of any other business that can say that.
Most clients pay less than the discussed 15% which is really only for new clients who have no history.
.
|
But technology and the part it plays in the process has increased significantly in the last 10 years, and many things that you needed to pay specialist people to do 10 years ago, can now be handled by automated procedures and comparatively lesser skilled and thus cheaper workers.
Technology has also led to a reduction (for sure) in the rates that your banks charge you, and the speed at which they pay you and you will also have a higher volume of transactions than 10 years ago which will also bring down your cost per transaction.
Can you honestly dispute any of these statements?
If you can then you really need an overhaul
