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Swipe fee costs average household more than $1,100

Mass Relators

household more than $1,100 last year, the Merchants Payments Coalition said. billion in swipe fees for Visa and Mastercard credit cards alone, which account for more than 80 percent of the market. By contrast, net profit for general retail averages only 3 percent. Last year’s total included $100.8 That was up from $93.2

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The Benefits of Having an Ecommerce Presence

Independent Retailer

According to recent data from Xero , accountants and bookkeepers believe ecommerce platforms generally outperform their purely brick-and-mortar counterparts – with 70 percent of respondents stating that online platforms have a higher net profit margin. . The report surveyed accountants and bookkeepers in the U.S.