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Old 02-26-2008, 11:27 PM  
spunkmaster
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Join Date: Jan 2004
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Quote:
Originally Posted by TheDoc View Post
Isn't VISA a 3-4trillion dollar global company? So if globally we did 20 billion, that's like a half a percent. So I agree with colin, 1/4 of 1% sounds about right.

spunkmaster, our industry has a rather low cb %, 1 %. The standard merchant account has a much higher limit. Most department stores, gas stations, all types of shit, even more so around the holidays, can sky rocket in cb's - far past the levels of our industry.


Visa's numbers not mine !
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