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Old 01-30-2003, 02:07 PM  
m0rph3us
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Join Date: Mar 2001
Location: Principality of Sealand
Posts: 2,033
Quote:
Originally posted by PureMeds
the bank takes a discount rate of around 2.40% for visa/mc

now you most likely will have a reserve of around 6% but that doesnt count into the euquation as it is still your money.

netbilling takes 1.5% + 15cents a trans. If you do volume/high tickets they can work with you on this.

so for visa mc thats a total of bout 5%
exactly and if you want their extra scrubbing control package or whatever it's 10 cents per and their 24/7 customer service line is 80 cents per.
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