Dan seems to indicate here in Mexico a 3% to 6% transaction fee, which is really high. I would presume these are credit card fees. Such fees really hurt merchants.. no wonder they want cash only.
NOB Bank or Credit Union debit card fees are .3% of the purchase. In Canada they are accepted and used everywhere and for everything.
Credit card fees are 1.8% to 3.5%, depending on the dard used with American Express being the more expensive at 2.5% to 3.5%.
« Back to index | View thread »