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Transaction Fee
by Unmesh Risbood on Nov 22, 2007 08:03 PM

We are IT Retailers and our margins are now actually down to 2.5% to 3%. For all Credit card transactions in my case ICICI they deduct 2.248% from our Payment and give the balance payment to us. How do people expect us to absorb the transaction fee when we are as it is working on such miserable margins. Hence we have to pass on the Fee to the Customer

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The above message is part of the Discussion Board:
Paying transaction fees on your card?