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In response to "The sushi spot near my place raised their credit card min to $10 from $5. I usually get something around $7. This change wil llikely decrease the " by James Bond (aka Igor)

google sez current rates are ~20-30 cents per transaction plus a percentage between .5 and 5%, plus statement fees,

fees if minimums aren't met, and sometimes fees for the actual gateways. also, there's the time of whoever is doing the financials for the business.

I think most people will pay the few extra dollars, because it's a few extra dollars.


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