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Accepting credit cards
Posted on 12/2/10 at 12:00 am
Posted on 12/2/10 at 12:00 am
Say you are about to start a new retail business and you want to accept credit cards. With all the options available, what route do you take?
1. go through your mega-bank, i.e. Capital One
2. use a specialty company
1. phone line terminal
2. internet based terminal
Any suggestions would be helpful
1. go through your mega-bank, i.e. Capital One
2. use a specialty company
1. phone line terminal
2. internet based terminal
Any suggestions would be helpful
4
Posted on 12/2/10 at 10:29 am to jeepfreak
Not an expert in this - but I believe that Sam's Club and Costco offer this service also.
Posted on 12/2/10 at 12:43 pm to jeepfreak
Don't know if this matters to you, but now you can even get a little gizmo that plugs into a USB port so you can swipe a card on your iPhone or Droid.
Posted on 12/2/10 at 4:08 pm to jeepfreak
BTW do something unlike the rest of small businesses and READ your agreement. I want to slap someone when I see them take CC and have a minimal charge sign. YOU ARE NOT ALLOWED TO DO THAT!
Posted on 12/3/10 at 9:57 am to jeepfreak
I use Paypal virtual terminal but I only do a few credit card transactions per month. It's a $30 monthly fee and 2-3% per transaction.
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