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Screenshot via NerdWallet of a two-column chart showing average merchant fees per each of four top card networks in US. Amex 2.3-3.5% Discover 1.5-2.5% Mastercard 1.5-2.6% Visa 1.4-2.5% Date of article from which this chart was excerpted: September 20, 2024.

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Screenshot via NerdWallet of a two-column chart showing average merchant fees per each of four top card networks in US. Amex 2.3-3.5% Discover 1.5-2.5% Mastercard 1.5-2.6% Visa 1.4-2.5% Date of article from which this chart was excerpted: September 20, 2024.
https://media.mstdn.social/media_attachments/files/113/845/259/453/153/668/original/d76939365026bffa.png

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Femme Malheureuse (femme_mal@mstdn.social)'s status on Saturday, 18-Jan-2025 04:27:18 JST Femme Malheureuse
in reply to

@dangoodin Because replies don't appear to know this, credit and debit card transactions cost merchants on average between 1.5-3.5% of sales price.
PayPal is higher, IIRC.
Chart from NerdWallet:
https://www.nerdwallet.com/article/small-business/credit-card-processing-fees

In conversation about 15 hours ago from mstdn.social permalink