[mikesickler]

For low value, high volume merchants, Square's rate is extremely competitive.

[tyingq]

I don't see how that's possible. Low value would skew it even more versus 2.9% + 30 cents, because you'll have more debit cards for low value transactions. Debit card transactions (pin or not) are cheaper post Durbin amendment.

Open to stats that say otherwise.

[traek]

> I don't see how that's possible. Low value would skew it even more versus 2.9% + 30 cents

Because that’s not Square’s rate, they charge a flat 2.75%.

[jjeaff]

And a regulated debit card is around a 10 cents flat fee. No percentage.

Square's fees are pretty high unless you are processing less than say $150k a year.