₹450–1,500/hour (US$5.31–17.69/hour)
The per-transaction fee can vary depending on the service provider but usually ranges between 10 % and 20% plus certain fixed fees.
Merchants partner with merchant acquiring banks to set up the electronic payment process and the deposit account for the funds.
A per-transaction fee usually consists of an acquirer fee and a processor fee.
American Express, Visa, MasterCard, and Discover all charge approximately the same fees, with slight variations that amount to cents in some of the components.
On a merchant's statement, the fees will typically be broken down as interchange, tiered, and subscription.
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