Good to know.
BUT there are ALWAYS other fees attached and THAT is where they make the difference up.
I just went through changing card processors and it is a freaking nightmare trying to deduce all the factors and terminology!
They only reveal what that have to, generalize everything else, and just let the rest go unnoticed if possible. If you call them on it, then they try to negotiate.
You thought the haunt biz was twisted? HA! The processing biz is INSANE! I did get one of the reps to help a little and during that conversation found out that the current administration inadvertently gave a huge gift to the banking/processing industry during that whole "we're gonna shape things up for the consumer" business. Remember that- right after 2008? We ALL pay more now... thanks obama!
But I digress...
Good to know- thanks