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Aleran | 13 years ago

This is revolutionary because it is the first time that merchants have been ever been given the option to pay a flat fee per month in lieu of paying a percentage fee on each transaction. While that may not seem like a big deal you, merchants really love the simplicity of it.

A business that processes 60K a year is below the size that is targeted by this pricing structure. They are better off continuing to pay 2.75% per transaction.

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lwhi|13 years ago

It's a differently packaged variable rate fee IMO.