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by markpercival
6050 days ago
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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. |
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