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$29.55 fees on $750??

by POSC in Fees (Archive)
‎Nov-01-2010 05:45 PM
‎Nov-01-2010 05:45 PM
My account says I should pay 2.9% plus a $0.30 transaction fee.  I'm no math wizz, but 3% of $750 is $22.50.  Add 30 cents to that it I come up with $22.80, not $29.55.   Just checked another transaction.  My customer paid me $440 and I was charged $17.46 for it.  Let's see...round up to 3% and 3% of $440 is $13.20.  Add another 30 cents and that doesn't add up anywhere near $17.46.  I'm afraid to go back to all the transactions that I've accepted over the last year.   Anyone have any ideas for me?? ... View more
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