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Credit card machine fees?

Question asked by Bruce - Jan 28, 2014
Question

How much are fees for credit card machines?

response from John Englund
- Jan 28, 2014

 

Card transaction fees vary from one merchant card service provider to another. They can also vary according to the type of business you operate. Credit card fees are based on a percentage of your overall transaction value, while debit card fees are fixed per transaction. To find the best card transaction fees ask for free quotes from credit card machine suppliers, which will enable you to compare several offers from agreed suppliers. Credit card fees are based on a percentage of your overall transaction value, while debit card fees are fixed per transaction. You can expect credit card transaction fees of 1.5-3% and debit card fees of 10-20p. per transaction, roughly speaking.

 

 

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