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Re: Agreed, they're theives!

So get a commercial card processing account and see what you pay. You'll have to look hard to find someone who'll give you under 2.5% for processing Visa, Mastercard and Discover. Amex is likely to be over 3%. Then there are setup fees, usually in the hundreds. And monthly fees, seldom under $20-30. Why is it so amazing that as an individual, with no business credentials, the ability to accept a credit card as payment from another person carries a premium, which in reality is less than 1/2% more than what most businesses are paying?

Jim


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