B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
3.2%
3.2% -- credit card processing fee rate for US small merchants (2015)
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
3.2%
Unit
Percentage
Data Vintage
2015
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
mobilepaymentmagazine.com
Primary
Tier C
https://mobilepaymentmagazine.com/facecash-photo-barcode-payment/ ↗
Source Article
FaceCash Mobile Payment Uses Photo for Added Security in Mobile Payment System
Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 7…
Original Research
mobilepaymentmagazine.com
· Original study ↗
Methodology
Aggregate credit card processing fees averaged per transaction for most small merchants
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
US small merchants: 3.2% credit card processing fee rate. Source: mobilepaymentmagazine.com (2015). Via Lighthouse Intelligence -- https://lighthousedata.io/data/avg-credit-card-processing-fee-small-merchants
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<blockquote cite="https://lighthousedata.io/data/avg-credit-card-processing-fee-small-merchants" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>3.2%</strong> -- credit card processing fee rate for US small merchants<br><small>Source: mobilepaymentmagazine.com (2015) · <a href="https://lighthousedata.io/data/avg-credit-card-processing-fee-small-merchants" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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