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Merchant banks and card transaction fees?

Question asked by Emily - Jan 6, 2014

Ho w much do merchant banks charge small businesses for debit and credit card transactions?

response from John Englund
- Jan 6, 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, which will enable you to compare several offers from agreed suppliers.

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