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Entrepreneurial Small Business 2nd Edition by Jerome Katz , Richard Green
Edition 2ISBN: 978-1259573798Entrepreneurial Small Business 2nd Edition by Jerome Katz , Richard Green
Edition 2ISBN: 978-1259573798 Exercise 9
Use the resources of your library and/or the Internet to identify 5 credit card processing providers. Contact each and determine the following:
a. The cost of equipment to be able to accept credit card charges.
b. The transaction cost, if any.
c. The amount of discount charged for:
i. Physically swiped card charges
ii. Charges accepted over the telephone
iii. On-line charges taken on the internet
d. How long does it take between accepting a credit card for payment and receiving the cash in your bank account
Report your findings to your class.
a. The cost of equipment to be able to accept credit card charges.
b. The transaction cost, if any.
c. The amount of discount charged for:
i. Physically swiped card charges
ii. Charges accepted over the telephone
iii. On-line charges taken on the internet
d. How long does it take between accepting a credit card for payment and receiving the cash in your bank account
Report your findings to your class.
Explanation
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Entrepreneurial Small Business 2nd Edition by Jerome Katz , Richard Green
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