malena on Nostr: For ever $1000 you purchase at a small business... pay by credit card: about $30 to ...
For ever $1000 you purchase at a small business...
pay by credit card: about $30 to credit card corporation, $970 to small biz
pay by cash or paper check: $1000 to small biz
pay by e-check: about $10 to banks, $990 to small biz
most small businesses have 10-30% profit margin, so a 3% credit card fee may actually be 1/10 -1/3 of their profit on your transaction
pay by credit card: about $30 to credit card corporation, $970 to small biz
pay by cash or paper check: $1000 to small biz
pay by e-check: about $10 to banks, $990 to small biz
most small businesses have 10-30% profit margin, so a 3% credit card fee may actually be 1/10 -1/3 of their profit on your transaction