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Do big merchants have to pay transaction fees on credit card processing or do they get a flat rate?

I know in my small business, I have to pay a processing fee / % of the transaction to a credit card processor to be able to accept credit cards.

Do big companies have those similar (albeit, smaller / per transaction) fees?

Any idea what they are?  For the big companies (verizon wireless specifically), is it still 10 - 20c / transaction?  Or because of their size it's fractions of a penny?

Reason I am asking is I have a gripe with Verizon wireless.  In protest, I am paying my $700 bill in $1. payments - I am hoping that most of that $1 is eaten up in transaction fees.

your thoughts?
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Dave Baldwin
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'cathartic' - good word!!!  <g>

thanks!