What is the average fee for credit card processing?
There is no definitive answer to this question as fees can vary greatly depending on the credit card processor and the specific terms of their agreement with the merchant. However, it is generally accepted that the average fee for credit card processing is around 2-3% of the total transaction value. Therefore, if a merchant were to process $100 worth of credit card transactions, they would likely pay somewhere between $2 and $3 in fees.
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