“Processors that are bidding against each other on a per transaction basis. And, and you charge them 10 cents. Merchants pay nothing.”

Viktor Popovich · Futureproof Founder Podcast · 437 | Payment Processing Fees: How Merchants Can Make Processors Compete | Viktor Popovics

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What was described

set up a system where processors bid against each other on a per-transaction basis and charge each processor 10 cents per transaction while merchants pay nothing

10 cents

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