Credit Card Processing fee. Who pays?

Discussion in 'Business Operations' started by lazor-cut, Jan 27, 2013.

  1. imow in NC

    imow in NC LawnSite Member
    Posts: 56

    Gonna throw my 2 cents in here. I have been through several CC merchant and now the square for iPhone. Square, without a doubt beats everything else out there, hands down! carry in pocket, plug into phone. swipe and enter information 2.75% processing fee and money in my account in 24 hours. that's it. no monthly fees, no lease fees, no PCI compliance fees, no equipment to charge, no paper to load, nothing. if ever the acronym...KISS every came to existence, it is now.....
     
  2. Patriot Services

    Patriot Services LawnSite Fanatic
    Posts: 12,535

    The new paypal swipe works exactly the same way for the same fees. Plus you get all the paypal benefits such as the funds being available on your paypal visa/mc card. Paypal keeps all customer info for recurring charges and allows you to design invoices. Plus Paypal has greater brand recognition. I used square for years and liked it. I just like having all my cc services under one brand.
    Posted via Mobile Device
     
  3. cpllawncare

    cpllawncare LawnSite Silver Member
    Posts: 2,659

    I take paypal also that makes perfect sense to have it setup that way! I think I would rather have the money in my business account though not my paypal account
     
  4. Patriot Services

    Patriot Services LawnSite Fanatic
    Posts: 12,535

    I don't leave much in it. I just have the option of getting cash at an ATM, charging a purchase or transferring funds to any account of my choosing.
    Posted via Mobile Device
     
  5. KG26

    KG26 LawnSite Member
    Posts: 134

    I'd hold off on credit card pmt. If you have a large volume of customers who will go this route then it will pay off if not you will eat the charge. If you are adding the fee to the estimate then the next guy who is a legit $3 lower than you are will get the job.
     
  6. magicmike

    magicmike LawnSite Senior Member
    Posts: 266

    I think chase as something like square also, and I think it might be a little cheaper I havent really researched it yet. But check it out.
     
  7. Patriot Services

    Patriot Services LawnSite Fanatic
    Posts: 12,535

    Not having the ability to accept cc in this day and age makes you look a little dated.
    Posted via Mobile Device
     
  8. newguy123

    newguy123 LawnSite Bronze Member
    Posts: 1,094

    Who do you use for that low of a rate?
     
  9. cpllawncare

    cpllawncare LawnSite Silver Member
    Posts: 2,659

    If $3 makes the difference I don't want that customer!
     
  10. Holland

    Holland LawnSite Senior Member
    Posts: 739

    Use google checkout for credit card email link type payments. Paymate makes a nice credit card swipe deal. Never never never try to charge customers cc fees. You eat that small fee for the ease of the transaction.
    Posted via Mobile Device
     

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