Small Business owners / taking credit cards

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I looked at Square but that 3.5% processing fee seems high.

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Yikes I didn't realize they were that high. I'm not an SBO but pretty smart dude.
Set minimum purchase limits on your product/service. Increase prices 3% or so. Or simply do like some Chevrons(that fricker on Siegen) and charge higher price for CC transactions.

no amex

Specs I assume raises their prices. And you save 5% by using cash or debit

Pretty smart imo. I always feel like I'm getting a deal

Check with National Bankcard and Sage. They have similar products as the Square, but better pricing.

Also, check "best credit card processing companies" and you should get a good list of companies that includes fees. Important to have one with no cancellation fees

evan the little po boy shop down my street run by 3 little old ladies takes square. mus be the best option out there money wise.

Have you checked PayPal?

Paying 3.5% on occasion might be cheaper than signing a contract and paying the monthly gateway fees and such that typically come with a merchant account depending on your average transaction size.

We have very few customers that pay by credit card. I do my billing through Freshbooks and they handle the credit card transaction for me. They charge 2.9% plus $.30 per transaction for Visa and Mastercard and 3.5% plus $.30 per transaction for American Express. At this point I know which customers prefer to pay by credit card so I adjust my pricing accordingly. I consider the fees high but I'm currently doing less than 10 transactions a year via credit card.

We do projects that we bid on and complete so I can treat everyone uniquely. Someone who is selling widgets to everyone may not be able to do this without eating the fees.

I am also a small business owner who does not allow credit card payment. I just save up my cash and cheques until the end of the month and have them delivered to the banker via pony express. I have the deposit receipt sent back via telegraph.