Then how do universities and state licensing locations get to charge 5% fees on all credit transactions? Do they have separate deals?
I'm amused at this thread because I woke up this evening to a bill from a provider that I recently did an especially good job negotiating with, and the guy wants a 3% payment processor fee on top of the negotiated amount.
(I'm going to leave an envelope with a cheque at the co-lo for him; gotta go anyhow.)