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03-30-2018, 05:52 PM #1
- Join Date
- Aug 2014
- Posts
- 194
There is the answer, $28k of the $35k in monthly processing was via debit cards. Which has a much lower interchange rate. As long as you keep taking that % of debit cards your effective rate will stay below 2%. Congrats on those rates, very good for CNP merchant with that amount of montly volume.
Agree with Dave, race to the bottom is one of the main reasons I sold my portfolios a couple of years ago.
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