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.
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