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re: Establishments that only take cash
Posted on 12/3/12 at 7:33 am to Powerman
Posted on 12/3/12 at 7:33 am to Powerman
quote:
I'm with you. Definitely an inconvenience. If you can't afford it, just raise your prices to cover the cost. People are willing to pay for the convenience.
That's what we do, cost of credit cards is figured into our price and everyone pays it
1
Posted on 12/3/12 at 8:11 am to yellowfin
exactly .. it's not really that much .. you just add about 3.5% to your margin to cover any credit card they could whip out .. then, if they pay cash or check, you just made an extra 3.5% .. i don't think people realize this is what virtually everyone that takes cards does with their bottom line .. you pull out cash .. they fricking LOVE you !
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