@patio11 Could you enlighten as to how/why credit card processing fees are lower in Israel (online 1.45%-2.4% and POS 1.2-1.6%) than in the US? (2.9% for online and slightly lower for POS is the standard)
Numbers are for new/small businesses it seems.
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("Interchange" is the portion of the credit card processing fee paid to the issuer of the credit card, typically a bank. It is the largest marginal cost in processing credit cards by a significant margin.)
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Thanks for the insight, will try to find some good material to read about this topic.
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