Credit Card Fee

stickleylawncare

LawnSite Member
Recently switched over to Quickbooks and fully planning to switch over for next year. Several customers are open to both online CC payments and the email invoicing. For those that do either, do you bite the cost as "the cost of doing business' or do you add some sort of small fee?

Im tempted to add a small fee, that would negate some of the cost, but I know I hate when I try to pay bills online and there is a "convenience fee".
 

JDT Property Care

LawnSite Member
Location
New Hampshire
Why not just build that into your pricing and not show a fee? Just increase your prices 3% to make up for the % you'll be paying to accept a credit card...

I don't charge any additional fees to accept a credit card, after all, I am getting my money that much quicker.
 

Roger

LawnSite Fanatic
Location
McMurray, PA
I believe there are legal issues on "charging a fee." Before implementing a line item, you should check with your accountant, or attorney on this matter.
 

GreenI.A.

LawnSite Silver Member
Location
North East
here in MA we can not add a fee for credit card use, but ironically we can do the oposite and give a cash discount. Just about every gas station has one price and right beside it the cash price. If you are paying 3% on processing then simply raise all pricing 3%, if only half your sales are paying by credit card then raise your pricing 1.5% across the board to cover your fees.
 

ringahding

LawnSite Senior Member
Location
Stillwater, MN
Recently switched over to Quickbooks and fully planning to switch over for next year. Several customers are open to both online CC payments and the email invoicing. For those that do either, do you bite the cost as "the cost of doing business' or do you add some sort of small fee?

Im tempted to add a small fee, that would negate some of the cost, but I know I hate when I try to pay bills online and there is a "convenience fee".

We just recently had to raise rates this past year. A lawn mowing that was $30 per cut, is now $32 per cut..we don't do credit cards, but if I were to add that feature, the per cut would look something like this $34.50
 

Ticolawnllc

LawnSite Senior Member
Location
Wall NJ
Why not just build that into your pricing and not show a fee? Just increase your prices 3% to make up for the % you'll be paying to accept a credit card...

I don't charge any additional fees to accept a credit card, after all, I am getting my money that much quicker.
You know who is likly to use and put some fat on them. Or jus up prices on every one. In 5 year almost every on is going to pay with bank check or bank card. Thats good, card payment can be taken over phone.

The less you tell them about your pricing the better off you will be.
 

Ticolawnllc

LawnSite Senior Member
Location
Wall NJ
I think adding a price hike for the "service" is the way to go. Taking credit cards will make us look more like pros. You could keep it on file and run it at a phone call.

Hi Mr. X; I wanted to know if it was ok to run your card xyz for this months service?:rolleyes: Ok, sure thank you. :)

or we can still do

Hi Mr. X I was call to talk about your balance. We havn't seen pay ment for last months bill. :mad:
 

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