no Amex

middle-age American living in New Jersey near the Lincoln Tunnel «« Amigo: Each card type has their own set price charged per transaction, which is why a lot of merchants don’t take AMEX. AMEX charges 2.75 percent and debit cards and no-rewards credit cards are as low as 1.5 percent. The, “30” means whatever the card rate is Brett’s org adds another 0.003 or 1.5 percent becomes 1.8 percent. Paypal’s fixed rate is attractive because it’s easy. Paypal makes it easy by covering the expensive cards and having a wider profit margin on debit cards, and the amount paypal makes is not known until the payee choses the card and pays. In the paypal example, the merchant does not know what card was used, and on Brett’s system Amromed will know. Merchant, Amromed, will have a transaction by transaction amount with card type and amount charged, caio Tomas »» about me 302-990-2346 contact us

About Tom Doody

middle-age American living in New Jersey near the Lincoln Tunnel
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