Lin19687
Well-Known Member
If you use SQ for your cards there is a new change.
From 2.7% flat
NEW: 2.6% + 10 cents
starting 11-1-2019
From 2.7% flat
NEW: 2.6% + 10 cents
starting 11-1-2019
+ 10 cents per $ or + 10 cents what? I'm sure I got the email or whatever, but haven't seen anything about this yet, so am curious and want to make sure I know what I'm being charged.NEW: 2.6% + 10 cents
haha that makes more sense. My brain is barely functioning today.10c per transaction.
Great minds and all that I would guess... LOLhaha no prob. we seem to be following each other around today...
I’m going to start charging a dollar fee for anything under 20.00.
You can call me stubborn and bullheaded too then, because I'm right there with you.I'm not breaking a 50.00 for 2 or 3 dollars. Call me stubborn or bullheaded.
I will always do business the same as I do now. I charge tax but no card fee. L I sell rubber duckies for $2.00 and if a person wants one and either charge it or gives me a big bill I usually give them the duckie. It makes people happy. The $.15 fee still gives me a profit on the duckie, which I purchase for approx $.75. When customers ask if I charge a fee I inform them I do charge tax but no fee. Tax, everyone is used to but people hate the word fee and will at times walk away. I know as a buyer, I will walk away if I am told there is a card fee. Call me a bad business person, but this is not a business for my full income. I am retired and it is something to do, plus make a little going out to eat money. As for breaking a large bill, I always have enough twenties that I can break big bills, so normally I will. It is what it is, sometimes customers have had no time to get to a bank or just forget to break the bill. Been there and done that myself. All, even dollar profit sales add up at the end of the day.Personally, I'm just going to keep doing business as usual other than politely requesting cash for purchases under $20. As a small business owner I'm just not willing to lose a reasonable sale (say anything over $5) over a 10 cent fee. And honestly I don't think anyone has ever attempted to use a card for anything under $10 at a festival. So yeah...I'm going to make that sale! Turning down $4.77 because I don't like the extra 10 cent fee seems like a case of cutting off my nose to spite my face. Sure I could send the customer to the ATM to get cash, but will they return to my booth?
I always charge tax on card purchases anyway, and most of the festivals I attend don't allow vendors to charge a fee for card use.
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