Accepting credits cards

Member since 23 November 2016

edinkotorbayNew member15 December 2016 12:29:07

Hello

Does anyone here operate a business accepting credit cards using Montenegrin banks?聽 I have been reading bank websites about POS terminals and ecommerce solutions. Was curious if anyone has personal experience.

I would like to confirm fees and quality among banks. It looks like transaction fees run at about 3%, but I don't see information on equipment costs or monthly service fees.

Any observations or recommendations would be appreciated. Specifically, we be interested in wireless card swipe and website payment options.

Eduardo

kumbor Contributor

Member since 12 July 2016

kumborContributor15 December 2016 12:51:25

106

I have a bank account with Erste bank and you can ask them for a list of all transaction costs and it is also in English.You need to be very careful with bank charges in Montenegro as they can be expensive especially when you use a different bank to the one you have your account in.