A cupcake of a deal
Small businesses offer goods and services at massive discounts (at least half off) through Groupon and LivingSocial, which take a cut of the sales in exchange for promoting the deals to their massive localized databases of subscribers. (Groupon’s regular merchant price is a 50 percent split plus 2.5 percent charge on customers’ credit card purchases. News reports say LivingSocial charges 40 percent and does not charge credit card transaction fees. Both sites, however, may vary merchant fees depending on the type of deals offered.)
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Small businesses offer goods and services at massive discounts (at least half off) through Groupon and LivingSocial, which take a cut of the sales in exchange for promoting the deals to their massive localized databases of subscribers. (Groupon’s regular merchant price is a 50 percent split plus 2.5 percent charge on customers’ credit card purchases. News reports say LivingSocial charges 40 percent and does not charge credit card transaction fees. Both sites, however, may vary merchant fees depending on the type of deals offered.)
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Other News
• Proving credit worthiness
• FinishSafe to offer athletes free medical tags
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January 27, 2010 5:59 AM
Vinyl records are making a comeback.
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