2006-09-07 18:07:28 · 6 answers · asked by jonah2 1 in Business & Finance ➔ Credit
It depends on a lot of things, but in most cases it's probably between $15 and $25.
2006-09-07 18:09:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It will depend on the arrangement that the card processing company has in place with both the retailer, and the card company. Usually varies from .02% for high volume retailers that goo through high volume processing companies to 3% for lower volume
2006-09-08 01:11:12 · answer #2 · answered by applebey911 1 · 0⤊ 0⤋
Visa and MasterCard charge 1.75-2.75% ($15.75-%24.75) depending on whether the card was presented for the purchase or if the card was phoned in and depending on their contract.
Amex and Discover are more negotiable but charge higher rates and again depend on the method of purchase, 2.5%-4% ($22.50-$36).
Although you didn't ask pay pal charges more than any of these usually 4-5%.
2006-09-08 01:13:02 · answer #3 · answered by ken 3 · 1⤊ 0⤋
I think it is a percentage (like 2-3%) plus an monthly lease on the communication equipment and service.
This is the reason that you can sometimes negotiate a discount on items with a cash sale. I know when I buy guns there is a definite advantage to cash with a dealer since many are small businesses and the CC overhead kills them.
2006-09-08 01:11:57 · answer #4 · answered by Cabhammer 3 · 0⤊ 0⤋
Mastercard Visa and Discover usually charge 1.9 percent
American Express around 3.5 percent
which is why a lot of businesses dont accept Amex, and dont want you to charge anything under ten dollars
2006-09-08 01:14:45 · answer #5 · answered by hipichick777 4 · 0⤊ 0⤋
it varies between the credit card companies, and the credit card proccessors..in general anywhere from 2-5 percent so 18 to 45 dollars in your case.
2006-09-08 01:10:21 · answer #6 · answered by novabosssp 2 · 0⤊ 0⤋