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re: Credit card processing fee

Posted on 8/24/18 at 7:39 pm to
Posted by klrstix
Shreveport, LA
Member since Oct 2006
3216 posts
Posted on 8/24/18 at 7:39 pm to
Credit Card fees vary based upon risk among other things.. So.. Restaurants usually play a lower rate because the credit card is normally present.. when the cc is not present the rate his higher.

I would suggest shopping your processor...

Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34093 posts
Posted on 8/24/18 at 8:02 pm to
My restaurant pays about 4250 every four weeks for cc transactions. I hate that part of the p&l but i get why OT is there. You use their equipment and network to collect funds. Can't expect a service for free
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