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Comment by em500

Here are the transaction costs for a retailer at the largest Dutch bank:

- Maestro, V PAY, Debit Mastercard en VISA Debit issued in Europe: €0.047-€0.06 per transaction

- iDEAL: €0.35

- Mastercard en VISA creditcards issued in Europe: 1.70%

- Mastercard en VISA creditcards and debitcards issued outside of Europe: 2.50%

https://www.ing.nl/zakelijk/betalen/tarieven/betalingen-binn...

For a €100 payment, we're looking at €0.06 debitcard transaction vs €1.70-€2.50 creditcard. If I were a Dutch retailer outside of areas/sectors with a lot of foreign/tourist business I probably wouldn't bother with credit cards either, as probably 99%+ of the Dutch have Maestro, VPAY or cash.

parent em500 3 years ago

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