Depends on their setup. Big systems like AMEX take a cut and there’s a charge monthly for the terminal. Smaller startups offer 2-4% charge, and/or monthly rental, and IIRC there’s a couple that just charge a single payment for the machine now.
Edit- % charges definitely add up for small shops, and after VAT, overhead, product cost, CC charges, there’s not much profit for small items.
Depends on their setup. Big systems like AMEX take a cut and there’s a charge monthly for the terminal. Smaller startups offer 2-4% charge, and/or monthly rental, and IIRC there’s a couple that just charge a single payment for the machine now.
Edit- % charges definitely add up for small shops, and after VAT, overhead, product cost, CC charges, there’s not much profit for small items.