The amount a credit-card company charges a merchant for accepting credit cards depends on all of the following factors except the

Question

Quizplus · Accepted Answer

The type of product the merchant sells is not a factor in determining the amount a credit-card company charges for accepting credit cards. The other factors listed (number of transactions, total dollar amount of sales, brand of credit card, and ability to negotiate fees) all play a role in determining the fees a merchant will have to pay.

The Amount a Credit-Card Company Charges a Merchant for Accepting