Accepting Credit Cards

**GeorgeB** · 12-28-2011, 08:15 AM

Originally Posted by injunjoe

Last I had heard it is against the law to charge for credit card fees. What I did when I had my garage door company was to offer a cash discount. That covered the cost of the use of a credit card and encouraged my customers to pay by cash or check, ( I considered a check same as cash).

Maybe be...cant say yes or no to that, but like I mentioned, I know a few in the past who had it in their policies, and above registers etc.

Laws could have always changed too, so who knows.

Most likely, I will just incorporate the fee into prices, or something.

**CMHN** · 12-27-2011, 04:25 PM

I don't think they have that option yet, they are growing and improving the system so maybe in the future they will.

**Mechanic688** · 12-27-2011, 04:36 PM

Only thing I have to decide on, whether to make the customer pay the 2.75% fee for using their CC, or just bite the bullet and pay for it myself.

Just mark up your charging amount by the 2.75% before quoting the price, that way the price comes out the same.

**GeorgeB** · 12-27-2011, 05:21 PM

Originally Posted by Mechanic688

Just mark up your charging amount by the 2.75% before quoting the price, that way the price comes out the same.

I can easily do that for Junk Removal jobs, because I don't list prices, but I do charge for metal pickups, depending on location and quantity, and if it is going to require a lot of work to get it onto my trailer or truck.

**KzScrapper** · 12-28-2011, 04:46 AM

Charges are a cost of doing business and should be factored into what you charge. If spread out to all your customers the cost is minimal enough to them to the point that they have no clue yet not a liability as far as your concerned. Also need to remember it will be considered a write-off in tax filings.

**CMHN** · 12-28-2011, 05:55 AM

I use PayPal for my online business transactions, but I use Square for the transactions that I am face to face with the person.

**JohnC4X4** · 01-05-2014, 01:26 PM

Originally Posted by CMHN

I use PayPal for my online business transactions, but I use Square for the transactions that I am face to face with the person.

PayPal has the same type of reader for FREE paying the same fees per transaction you pay now
https://www.paypal.com/webapps/mpp/p...re-integration

**CMHN** · 12-28-2011, 09:09 AM

I know some of our gas stations in town have a cash price and a credit card price.

**injunjoe** · 12-28-2011, 09:15 AM

Originally Posted by CMHN

I know some of our gas stations in town have a cash price and a credit card price.

That is true. When they started that it was not post on the road side signs. Someone must have made a fuss because it is post on there signs now!

Makes you mad when you would see a price and pull in only to find the credit price is so much higher then advertised. The old,( Bait and Switch)!

**GeorgeB** · 12-28-2011, 11:26 AM

Originally Posted by CMHN

I know some of our gas stations in town have a cash price and a credit card price.

I unfortunately, don't remember know what businesses around here was like that. Been so long since I have used a CC...normally pay in cash for anything I buy.

**injunjoe** · 12-28-2011, 11:49 AM

Originally Posted by GeorgeB

I unfortunately, don't remember know what businesses around here was like that. Been so long since I have used a CC...normally pay in cash for anything I buy.

Geo being a biz man you should use a card! My brother-in law is a large paint contractor. He buys all his supplies with an American Express card.
They offer him free miles, him and my sister are able to fly first class back and forth to Greece for free a couple times a year.

Paying with a card also makes bookkeeping a lot easier! Just be sure to pay off what you charge at the end of period and don't hold a balance!

**GeorgeB** · 12-28-2011, 11:57 AM

Originally Posted by injunjoe

Geo being a biz man you should use a card! My brother-in law is a large paint contractor. He buys all his supplies with an American Express card.
They offer him free miles, him and my sister are able to fly first class back and forth to Greece for free a couple times a year.

Paying with a card also makes bookkeeping a lot easier! Just be sure to pay off what you charge at the end of period and don't hold a balance!

Sorry, my apologies for not being more clearer. Was referring to personal things that I buy. I have a check card, but I rarely use it, except to take cash out to pay bills.

When it comes to business, it is all either cash (receiving), or check, or money order in some cases. Now it will be CC's as well.

I have always accepted CC, but it was always done via Paypal.com. Since I require to be paid at completion of a job, paypal.com is not always useful.

I am sure square, or the other firm I signed up with, will increase business a lot for me in 2012 for sure.

I never have had any other CC other than our check cards. To much hassle and issues for me.

**GeorgeB** · 12-28-2011, 12:51 PM

Wished I noticed their store locator before. Could have already had one. O well, mine will be here by weeks end.

https://squareup.com/retail/search/20111

**mrsamsonite** · 01-05-2014, 10:06 AM

Thanks for this thread, I have been thinking about getting one of these for awhile. Sometimes people have to run to the bank and get money, or they dont pay for everything to get removed because they dont have the money. If I have a credit card reader I feel I can get a lot more business.

I read a personal finance book awhile back and it talked about how in the 1990's (I believe it was the 90's) Grocery stores started to offer store credit cards. They offered them for the convenience and for the extra support to buy goods at their store if the person didnt have the money. But, they also found out that even the people that would pay their monthly balance in full every month on their credit card, these people would buy more groceries with a credit card opposed to paying cash. There is something physiological about counting your cash and then handing it over to someone to pay for something, you are a little more cautious about what you spend with cash.

I dont mean to sound manipulative in wanted a credit card reading for my customers rather, it will be useful for those customers that like to haggle the price down when the price is already at a fair price. Maybe if they have a credit card they wont be too worried about haggling over that $20-$40.

**BurlyGuys** · 01-05-2014, 11:54 AM

Since I began accepting cc I find a lot more people hire me.

**Sirscrapalot** · 01-05-2014, 12:57 PM

You can buy the things in a lot of places now. Saw on the other day at a Rite-Aid.

Sirscrapalot- Charge...it!

**Sirscrapalot** · 01-05-2014, 02:08 PM

He hasn't been around since August. It's burly's fault for necro'ing this thread!

Bad Burly, no cookie!

Sirscrapalot - I am Spartacus!

**JohnC4X4** · 01-05-2014, 02:25 PM

Originally Posted by Sirscrapalot

He hasn't been around since August. It's burly's fault for necro'ing this thread!

Bad Burly, no cookie!

Not Burly
But mrsamsonite
I didn't even notice it was a 2 year old thread til you said something

**Sirscrapalot** · 01-05-2014, 02:40 PM

Darn it now I gotta give Burly his cookie. An don't feel bad John, it suckered me into.

Sirscrapalot - Denying cookies since 1988.

**BurlyGuys** · 01-05-2014, 02:41 PM

Sure, sure, blame it on me.

And you'd best not stand between me and my cookie! ;-)

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