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AGREEMENT to INCORPORATE Whereas, COMPANY and  Form

AGREEMENT to INCORPORATE Whereas, COMPANY and Form

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it's easier than ever to tap insert or swipe  your card and go but every time you do a   small percentage of that sale is taken from  that business these are called swipe fees or   interchange fees it's how much Visa Mastercard  and other card networks charge a merchant when   a customer uses a credit card to make a purchase  these fees account are my second second highest   operating expense so my first highest is  obviously payroll with all of my people and my   second highest is my credit card fees that total  almost $100,000 a year so on average sometimes   it's a flat 10cent fee plus 2.6% of a transaction  so let's say you're spending about 10 bucks it's   about 27 cents which doesn't sound like a lot but  it adds up for so many small business owners that   have smaller profit margins in the United States  some of those fees are some of the highest in the   world why are swipe fees in the US nine ti

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