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[–] Hydrocephalus 0 points 5 points (+5|-0) ago 

It's also fancy talk for yard sales. Payment companies take a percentage of every sale, that's why there are still a fair amount of small businesses that are cash only.

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[–] RoBatten 0 points 1 points (+1|-0) ago 

Payment companies and credit card companies both take their cut. Visa alone had 520 different fees last time I checked. Many are a percentage of a cent, but some are more. I'm paying about $105 per month average to the processing company, and that's low. Use what they call "interchange pass through." That way the processor can't add on fees tied to Visa's fees. They just work off a percentage and a 10 cent swipe fee. That's how my cost is so low.