Q. Can you describe the average fee for credit card processing for small businesses?
highriskgateways

HighRisk Gateways


Can you describe the average fee for credit card processing for small businesses?

Usually, there are no monthly fees for credit Card Processing System. Rather than that most service providers charge fees as per transaction. Whereas fees vary according to the credit card brand (Visa, Discover, MasterCard, American Express, or any other), they typically charge from 1.5% to 3.5% per transaction. American Express charges higher fees than its competitors, and that is because some businesses don’t accept Amex Cards.


debit-&-credit-cards money-transfer mobile-banking business bill-payments
0

Answers

3

Views

12

Mar, 2022

Banking
 0.7 q (claimed)

Asked in Category

Banking

Is it a good idea to join banking? What happens to your money when you put it in a bank? Will it help consumers' financial lives? If youre fed up with your financial status, you need something that can help you- a bank. But, theres a time when choosing a bank is a hard decision. Banking services had now reached to a much larger section of the society. Putting money in a bank doesnt remain locked up - instead, it basically helps other people by lending the money at rates and you depositing customers gain a small amount in return.

  • 3 views overall.
  • Asked on