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Re: RickKayne post# 27647

Wednesday, 06/19/2013 4:53:22 PM

Wednesday, June 19, 2013 4:53:22 PM

Post# of 45504
FYI.

I have spoke to the call center. Bond payments over the phone or large phone transfers to commissary cards for example $500+ can carry transaction fees in excess of $50:)

But going for min of $4 is good to for test avg transaction fee, which ironically is what I was using for a basic valuation myself:)

Now less armour car transport fees, merchant fees, what the jails take (if in their agreements), etc.... all impacts true revenues/profits.

Unfortunately we are not insiders so we dont have full payment shedule.

I did read terms for exit cards and they are huge money makers for fees. Im sure they have partnered with a gift card merchant provider so not sure what there take on those fees would be either.