[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: payments from email
- Subject: Re: payments from email
- From: Luke <..hidden..>
- Date: Fri, 4 Sep 2009 03:36:28 -0400 (EDT)
On Tue, 1 Sep 2009, James Stevens wrote:
> As a side note, I notice more of my suppliers/utilities are starting to
> charge 2% if we pay our account balance with a credit card (As they are
> forwarding the CC processing fee on to me).
> My thought is that merchant account fees are a part of doing business
> however, I'm thinking of doing the same and charge my customers
> processing fee when paid by Credit Card.
> Is this becoming the norm? Does everyone but me pass on the CC
> processing fee (2-3%)?
I do processing through a business services company, which has been
informed by their merchant account provider, that it is illegal to do
that. I have not looked into it personally, but have always found this a
I have noticed, however, that many local businesses here (Pennsylvania,
U.S.A.) are offering discounts for cash payments, I presume as a way of
I have not researched it, as we only do maybe 3-4 transactions a year (in
a high volume year) for which people object to paying with checks. I
don't mind the extra hassle of check processing, if it means we can get
the full amount.