Quote:
Originally posted by psyko514
Merchant fees are typically 1-4% plus a fixed amount per transaction. The processor has to pay those, plus the cost of their employees (programmers, webmaster support, customer support, tech support, etc). They have to pay for their offices, their utilities, their servers, etc. And on top of that, they want to make a profit.
|
psyko, you're a sweetie, but if you can find me a bank that will process high risk for anything nearly as low as 4%, even on volume, I know a few people that would probably be willing to reward you for that information...
The best I've seen lately before the per trans is 5.5