Quick Question on Credit Card Processing
Posted in Miscellaneous on December 2nd, 2008 5 Comments »
Are all credit card transactions through all processors handled roughly like this: $0.30 + 0.022x. In other words, does every processing gateway charge a small fee (the 30 cents) and then a percentage of the overall transaction? Or are there gateways/processing agents/whatever-they're-called that just charge a flat percentage, like 5% ((Or even, I suppose, a […]