Posts Tagged ‘credit card payment’

Hi everybody! I hope this note finds you all great…

I’m from Argentina (sorry for my english, im doing my best) and I have a question regarding webpages/e-commerce/credit card payments.

I have an idea I want to develop, and it is a very massive and cheap product. So, let’s assume I want to sell something at 1USD.

My question is: Is it possible? And how?

If my page accepts credit card payment, how much will be the fee for each transaction cost? For example, if credit card fee is 40cents (fixed) + xx% of total amount (variable), then I will be paying more than 40% of my revenues to the credit card.

Something with expertise, could please explain me if there is a "minimum" amount, below it doesn’t make any sense to use credit card?

Thanks a lot and I hope I was clear with my question!

Cheers! =)

Digital credit card payment system? Digital wallet? Accumulated balance payment system? Stored value payment system? Digital cash? Peer-to-peer payment system? digital checking? or electronic billing presentment and payment system?

Kindly explain to me how they generate income through their site?
Thanks in advance