What are the transaction fees for using a payment gateway?
Transaction fees for payment gateways can vary widely depending on the provider. Typically, they range from 1.5% to 3% per transaction.
Are there any additional fees I should be aware of?
Yes, in addition to transaction fees, some gateways may charge monthly fees, setup fees, or chargebacks.
How can I choose the best payment gateway for my business?
Consider factors like transaction fees, ease of integration, customer support, and the types of payments you want to accept.
Can I negotiate the fees with the payment gateway provider?
Yes, many providers are open to negotiation, especially if you have a high volume of transactions.
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