Frequently Asked Questions / How is this different from the Clan Association operating as a credit card merchant?

If the Clan Association was to become a credit card merchant, there would be many other fees in addition to a transaction fee for each transaction such as establishment fees, joining fees, annual administration fees, monthly access fees, minimum merchant service fees, credit card authorisation fees.

On the other hand, as a PayPal merchant, the Clan Association only has to pay a small transaction fee for each PayPal transaction.  This is similar to the merchant fee that would apply for any credit card transaction.

396 total views, 3 views today

Posted in: Online Payments

Like this article? Please share: