[nycphp-talk] Two part question: Shopping carts & E-commerce

Cliff Hirsch cliff at
Fri Aug 31 13:48:20 EDT 2007

On 8/31/07 1:25 PM, "John Campbell" <jcampbell1 at> wrote:
> Keep in mind that the credit card fees are all lies.  No matter what
> rate they advertise, it will end up being more. If it says 2.5%, that
> means 2.5% for a blue colored visa with no rewards program issued in
> Guam.  Expect to pay %3.5 + .40 processing + $20-40/month for the
> gateway + $25 for each charge back regardless of the outcome.

If you really want to get into the nitty-gritty, make sure you get a
cost-plus account. Meaning full-transparency where you get the actually
interchange rates plus the payment processor markup.

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