6. Use the resources of your library and the Internet to identify five credit card processing providers.

Question:

6. Use the resources of your library and the Internet to identify five credit card processing providers. Contact each and determine the following:

a. The cost of equipment to be able to accept credit card charges.

b. The transaction cost, if any.

c. The amount of discount charged for:

i. Physically swiped card charges.

ii. Charges accepted over the telephone.

iii. Online charges taken on the Internet.

d. How long does it take between accepting a credit card for payment and receiving the cash in your bank account?
Report your finding to your class.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Entrepreneurial Small Business

ISBN: 9780073381572

3rd Edition

Authors: Jerry Katz, Jerome A Katz

Question Posted: