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Re: OMOLIVES post# 17308

Sunday, 09/04/2022 11:44:34 AM

Sunday, September 04, 2022 11:44:34 AM

Post# of 20891
I get your point but don't see how its possible to overlay the two in any regard. One with minimal regulation in the example contract and ours is in a highly regulated industry with the need to add compliance to the mix so needing a full accounting of every dollar from where and too. I can't imagine our individual contracts even resemble those amounts but I guess we will see. Also that particular contract doesn't mate up well with the article I provided suggesting 1% to 3% Article cut out below.
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Priority declines to reveal what it plans to charge merchants for BLUbeem, though Priore says the service will be competitively priced. Payment-industry experts estimate the going rate will be between 1% and 3% of the transaction value. That’s low enough to make it competitive with card acceptance, but the high side of the range could be too high to get merchants to bite, payments experts warn. Merchants will also pay a modest upfront monthly fee to lease the safe-like cash-storage device, according to Allen.