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merchant service commission fees on Masterpass?

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2 REPLIES 2
vim
New Contributor

Thanks, but not the ideal solution for my local business. SnapScan takes 2.2%, Zapper takes 3% and Masterpass is free to customers and merchants... with a note that banks could charge a service commission. I'd like to know whether Standard Bank charges a service commission and the rate.

Tomokawa
New Contributor

Just get a bitcoin merchant account on WELLCOINEX or something. The charges there are almost non-existent and you're getting access to operation in all the fiat- and crypto- currencies. You can easily add it to your e-commerce website and all the systems are extremely adjustable on all the levels.

vim
New Contributor

Hi, does anyone know what service commission fees Standard Bank charges businesses on Masterpass transactions?