Credit Card Processing fee. Who pays?

[wegomow]

I guess that's the price you pay for the portability of the card reader with a smart phone though.

[macgyver_GA]

http://www.wsoctv.com/news/news/loca...-fee-co/nT8BF/

Just heard about this on the radio here in Atlanta.

[wegomow]

It's my understanding that if the retailer chooses to charge a fee to the client that it must be clearly posted at the card reader. Buyer beware.

[Patriot Services]

Its also a deductible expense.
Posted via Mobile Device

[lazor-cut]

I was actually looking into square also. Portability isn't really necessary for me as I would like a system that i could set me customers' Monthly fee and just hit one button, deduct the money from my customers' bank account/ card.

I would rarely ever ask them to physically swipe their card.. Thats almost as bad as collecting.

[wbw]

Originally Posted by wegomow

I like to keep cost of business as low as I can. I pay 1.4% on debit cards and 1.65% on credit cards.

Is that rate for a non swiped card?
Posted via Mobile Device

[burnsyscapes]

i have intuit go payment. can swipe from your laptop or phone, no monthly payment is 2.7% swiped or 3.7% entered, pay 20 buks a month and get it for 1.7% swiped or 2.7% entered. this to me was the cheapest around. and you don't need quickbooks to use it as well.

[lazor-cut]

Originally Posted by burnsyscapes

i have intuit go payment. can swipe from your laptop or phone, no monthly payment is 2.7% swiped or 3.7% entered, pay 20 buks a month and get it for 1.7% swiped or 2.7% entered. this to me was the cheapest around. and you don't need quickbooks to use it as well.

Then the account is just linked to one of your bank accounts? How long does it usually take to clear? I've always heard of Quickbooks but do you have to manually type in what you want to take out or can you set it to one monthly fee of say $150 and just do it that way?

[burnsyscapes]

It usually takes a day or two. What do you mean by manually in? It just deposit it into your bank account

[cpllawncare]

Manually means you type in the CC # instead of swiping the card, we use square also, just started it this season to see how it works out.