It is hard to say, of course, because it absolutely depends on the volume you have with Visa and the volume you have with Mastercard. The reductions are different between the two companies. I would say, safely, if you're at the maximum level of sales—$300,000 with Visa and $175,000 with Mastercard—you might save $1,500, or perhaps $2,000 on the outside. That's for in-store sales. If your sales are primarily online, the savings are very small. There will be a fraction of that, about 10 basis points, or 0.1 of 1%.
On November 4th, 2024. See this statement in context.