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Re: binford04 post# 221364

Monday, 08/17/2015 2:07:05 PM

Monday, August 17, 2015 2:07:05 PM

Post# of 298910
Except for the fact that you are leaving out the flat fee. Merchants generally pay at least 25 cents per transaction in flat fees plus the 2-4% of the sale. So your math doesn't quite hold up unfortunately because you have excluded costs from the equation.

Well, I'm bored so I think I'll take those .0129's that have been sitting on the ask.

Only one post per day but you are quoting wholesale costs. I don't know a single merchant that pays wholesale. The middlemen ramp up the costs to the merchants quickly.
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