Originally Posted by nickdude
I would think all the kiddies would have some money saved up from their summer jobs and be able to afford to buy stuff but I guess not. It does seem that people are waiting or are just flat broke. I have noticed that certain times of the year gun sales seem to pick up, just don't know when it may be!
Bet you if nothing new from Luxe comes out the prices will stabilize a bit.
Maybe I need to start a business where I can accept credit card payments so it is easier to flip them! If you have to eat PayPal fees why not Visa!
Here is an example of the fees associated with a typical Visa CPS/Retail transaction a Merchant may process and how these fees are distributed to the various parties involved:
If we assume a Discount Rate for a Merchant of 2.05% + $0.15 Transaction Fee, then for a $100 Visa charge the amount the Merchant would pay their Merchant Services Provider will be $2.20.
This is amortized as follows:
Visa and Issuing Bank split the Interchange Rate of 1.65% + $0.10, or $1.75 (see Interchange Rate documents above)
Merchant Services Provider and Processor split the .40% + $0.05 mark-up, or $0.45
It might be cheaper than PP fees too in more expensive transactions because PP charges I think 3% per transaction? And I know that for over a certain amount, they still charge you even if you send payment as a gift. I know this because they charged me 3% when someone bought my Geo1 and he sent it as a gift. I was like "WTF?" when I saw that there was a charge on it. Pretty freaking lame if you asked me.
Originally Posted by JOHNNY G
Got a random letter from DLX it was from D Trent he got wind of my post saying my Payton barrel band was stolen so he sent me this
Hahaha. Nice! D Trent is a real class act, DLX Tech in general is. I love everything about this company.