Need someone to send me $1500. Could use Square, but 3.5%... pfft. Options?

[N-OS X-tasy!]

Gareth wrote:
[quote=N-OS X-tasy!]
It takes just as much effort on the credit card company's part to transfer $5 as $5000. Given that fact, why does the CC company charge so much more for the latter transfer?

Because it costs them us a lot more when they have to deal with a $5000 fraud claim than a $5 one?
FTFY.

By that logic, the majority of the transfer fee on a$5000 transfer refunded when it turns out to be a legitimate transaction.