What are the costs associated with different payment methods?
The costs can vary significantly depending on the payment method. For example, credit cards often have transaction fees, while bank transfers might have lower fees but take longer.
Can you give me a breakdown of fees for credit cards versus PayPal?
Sure! Credit card fees typically range from 1.5% to 3% per transaction, while PayPal charges around 2.9% plus a fixed fee based on the currency.
Are there any payment methods with no fees?
Yes, some payment methods like cash or certain bank transfers can have no fees, but they may not be as convenient.
What about international transactions? Do they have higher costs?
Yes, international transactions often incur higher fees due to currency conversion and additional processing fees.
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