@StaciRene the standard cost for in person transactions is 2.6% of the purchase plus .10c (ten cents) per transaction.
So if your average transaction is only 1 or 2$ then it will effectively cost something like that on a report. That is an effective rate. Here is an example:
1.00 transaction average (minimum amount by the way) costs 12.6 cents or 12.6% effective rate.
A 500.00 average transaction would cost $13.10 or 2.62% effective rate.
Hope this clarifies.
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Order Up Cafe/Tombras Cafe/Riverview Cafe/City County Cafe
Roddy Vending Company, Inc.
www.OrderUpCafe.com
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