so does this bring the merchant cost to businesses under 1.9%, the same as square. Most merchant fees from banks are 2.2%, so with spenda not sure what they're charging since you have to book a demo... 40% increase in revenue will come from a. discount of 40% from visa/MasterCard ... so SPENDA must only charge .06% at best to be competitive with square. Is that right?
so does this bring the merchant cost to businesses under 1.9%,...
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