Frequently Asked Questions / How is this different from the Society operating as a credit card merchant?

If the Society was to become a credit card merchant, there would be many other fees in addition to a transaction fee for each transaction such as establishment fees, joining fees, annual administration fees, monthly access fees, minimum merchant service fees, credit card authorisation fees.

On the other hand, as a PayPal merchant, the Society only has to pay a small transaction fee for each PayPal transaction.  This is similar to the merchant fee that would apply for any credit card transaction.

Posted in: Online Payments

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