Comment on Instant Payouts for MarketplacesComments−abalone9y1.5% with a $0.50 minimum is incredible gross margin on a debit transaction. All major debit card interchange is capped by regulation to just 0.05% + $0.22. Not sure what their fraud exposure is though.−chipperyman5739yAll major debit card interchange is capped by regulation to just 0.05% + $0.22.Only in the UK. In the US the average is 2-3% + $0.30−mildbow9yThe parent is talking about debit.Are you taking about credit?
Comments
1.5% with a $0.50 minimum is incredible gross margin on a debit transaction. All major debit card interchange is capped by regulation to just 0.05% + $0.22. Not sure what their fraud exposure is though.
Only in the UK. In the US the average is 2-3% + $0.30
The parent is talking about debit.
Are you taking about credit?