01-24-2013, 04:12 PM | #2 (permalink) |
Team TanTalk Join Date: Oct 21 2003 Location: The Fort
Posts: 942
Rep Power: 21 | Re: Credit Cards Nope, all it would do is create a negative situation for your clients and one more sales barrier. It is already figured into your prices as is (if you are already taking cards).
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01-29-2013, 11:29 PM | #6 (permalink) |
Join Date: Apr 14 2011
Posts: 598
Rep Power: 13 | Re: Credit Cards Pretty sure your credit card agreement states you can not charge a transaction fee. You can charge a different price structure or "cash" discount like the gas stations...but it is a pain. In this industry, you need to take your money any way you can. You write the cost of doing business off in your taxes. If the cc rate is hurting your bottom line, you didnt price properly and have bigger issues than the small percentage ;) |
01-30-2013, 11:14 AM | #7 (permalink) | |
Team TanTalk Join Date: Oct 21 2003 Location: The Fort
Posts: 942
Rep Power: 21 | Re: Credit Cards Quote:
I do tottaly agree with you, if you need that 2%-3%, your prices are not structured correctly.
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01-31-2013, 08:45 AM | #10 (permalink) |
Team TanTalk Join Date: Oct 21 2003 Location: The Fort
Posts: 942
Rep Power: 21 | Re: Credit Cards My total end cost to process is averaging 1.9%, If I offered 2% off for cash I would be losing money. I think offering 1% off would be pointless and possibly create some kind of resentment.
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