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by markpercival 6050 days ago
People see the 2-4% that credit card processors take and view it in comparison to cash - something they see as having no cost per transaction. What people don't see is the cost of taking cash - it gets stolen, it gets you robbed, it needs special help(armed guards) getting to the bank.

You're online and stuck with credit cards and 2-4% fees, but that's just the cost of doing business. Money cost money to transfer. Build it into your model.

1 comments

I don't think people trust any of the none popular gateways. Just add the cost of Paypal's fee to your product's cost and use different payment methods. credit card, Paypal, Google checkout, money orders and checks.