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Old 03-22-2013, 11:02 PM  
SwirlsGirl
So Fucking Banned
 
Join Date: Feb 2006
Location: between east coast and vegas
Posts: 2,067
Quote:
Originally Posted by corvette View Post
they make like 13% off of the sales, and after hard costs, straight overhead, etc, they make 1-3% profit, so they may need to have clients do 17-50k in MC sales just to break even on the $500 cash they have to pass over to MC

now consider that MC is maybe 32% or so of total sales, they would just break even (no profit) off of MC sales for clients that do 50k-150k in processing a year

im probably off a few % here and there above, but id be suprised if any US processor can legitimately eat that fee across the board
those percentages tell the real story...zero in on the percentages...and things are revealed
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