Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
Reply
 
Thread Tools Display Modes
  #1  
Old 01-27-2005, 07:51 PM
scaglawnsnj's Avatar
scaglawnsnj scaglawnsnj is offline
LawnSite Senior Member
 
Join Date: Dec 2004
Location: nj
Posts: 436
credit cards

Do any of you guy take credit cards..Was it a more profitable year when started taking them? I know how much most people love credit..I think they will be more willing to have a land projects done with credit not lump cash.
Reply With Quote
  #2  
Old 01-27-2005, 08:03 PM
GrassMasterNC GrassMasterNC is offline
LawnSite Member
 
Join Date: Oct 2004
Location: North Carolina
Posts: 119
gmj,

I use propay. Very easy. Extremely user friendly.

$35.00 annual fee to start your account + $25.00 annual fee for if you want to be able to phone in your credit card payments. You can either do it online or right at your customers house. I think the fee is like 3.5% + .35 each transaction. It goes to your propay account and you can transer the funds to your business checking account whenever you'd like for a .35 fee. I like propay, but have not used them much - will push it more this year. A lot of customers love the ease of just paying by credit card or visa debit card. The only glitch - and it's not that big of a deal - is adjusting your income and expenses after you deduct the fees so your books add up right.

Anyways, did a lot of research and finally decided to go with them....easy and convenient, and many people prefer to pay that way I am finding now. Looking forward to using them a lot more this year.

Matt
Reply With Quote
  #3  
Old 01-27-2005, 08:22 PM
Eddie B Eddie B is offline
LawnSite Senior Member
 
Join Date: Jan 2005
Location: gone
Posts: 865
Accepting online payments via PayPal seems to result in less late bills.
Reply With Quote
  #4  
Old 01-27-2005, 08:51 PM
ALarsh ALarsh is offline
LawnSite Silver Member
 
Join Date: May 2004
Location: Midwest
Posts: 2,459
I don't do credit cards but I am going to push people to pay via paypal this year.
Reply With Quote
  #5  
Old 01-27-2005, 09:53 PM
kdbetters kdbetters is offline
LawnSite Member
 
Join Date: Dec 2004
Location: Arlington, Texas
Posts: 70
I just started collecting them, however Ifeel that it is more convinient for the customer, and cut down on collections time.
Reply With Quote
  #6  
Old 01-27-2005, 09:56 PM
brucec32's Avatar
brucec32 brucec32 is offline
LawnSite Platinum Member
 
Join Date: Jul 2001
Location: Atlanta, GA
Posts: 4,405
It is one way to go. On the pro side, you are more likely to get paid since they can always charge it and they will put off the guy who they have to pay cash/check to and slide by another month.

The negative is that someone who doesn't have $100 or whatever in their bank account is a marginal customer.

Yes, it can be a convenience item for some, but if that was all they wanted you could set up a direct debit from a bank account rather than a credit card. My impression is that someone who thinks giving his credit card out to his lawn guy is a great idea is someone who isn't my kind of customer. In 13 years I've been asked about it exactly once, and that was my first year in business, long before it was commonplace. No great harm in it, but I am suspect of those who claim it's a big selling point that wins them customers. They may be getting customers with nothing in the bank. I am looking for long termers, not just filling a slot for a season or two.
Reply With Quote
  #7  
Old 01-28-2005, 04:19 AM
JimLewis's Avatar
JimLewis JimLewis is offline
LawnSite Fanatic
 
Join Date: Dec 1999
Location: Beaverton, OR
Posts: 6,512
We do take credit cards, but that's because we are a full scale landscaping and irrigation company too. So 95% of the credit card transactions I do are for larger installation type jobs - not for lawn care.

If I still did JUST lawn care and clean-ups, I probably wouldn't deal with the hassle of credit cards.

Jim
__________________
Jim Lewis
Lewis Landscape Services - Oregon
"kickin' grass and takin' names"


www.lewislandscape.com - Portland Oregon Landscaping Company

landscape design Portland Oregon
Reply With Quote
  #8  
Old 01-28-2005, 10:34 AM
Team Gopher's Avatar
Team Gopher Team Gopher is offline
LawnSite Platinum Member
 
Join Date: Jul 2003
Location: -
Posts: 4,045
Hi gmj lawns inc,

It's nice to be able to accept them. The more avenues you have to take payment the better. Then you could also set up your website to allow for payment online as well.
Reply With Quote
  #9  
Old 01-29-2005, 09:00 AM
yamadooski's Avatar
yamadooski yamadooski is offline
LawnSite Senior Member
 
Join Date: Jan 2005
Location: Tampa, Florida
Posts: 434
Most CC's charge around 3%.
Now in $100k thats $3,000. I could use that money to buy better things or just plain invest it elswheres.
Just my .02.
Reply With Quote
  #10  
Old 01-29-2005, 09:19 AM
kdbetters kdbetters is offline
LawnSite Member
 
Join Date: Dec 2004
Location: Arlington, Texas
Posts: 70
Quote:
Originally Posted by yamadooski
Most CC's charge around 3%.
Now in $100k thats $3,000. I could use that money to buy better things or just plain invest it elswheres.
Just my .02.
To be honest, I would take that hit if it means that I could get my money ina timely fashion. What about the interest that builds up if someone is not paying you or the time and money put into collections. Like someone else mentioned on a similiar thread, its almost like giving them a small discount for paying with their credit card or on time.Also the $3,000 will probably go into something that will make the business better, you don't think being able to accept credit cards is not making the business better. I do, just my .02!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 03:04 PM.

Page generated in 0.09743 seconds with 7 queries