Quote:
Originally Posted by matthewb0051
My thoughts exactly. I charge $400 to $500 per hour depending on case. If someone decides to pay with a card, I just eat it. It is my cost of doing business and I have factored it into my fees.
Someone suggested the muffler shop and getting a bung welded in. I checked with the Midas just down the street from me. They are at $225 per hour. That was a little eyewatering for Midas.
It would be one thing if CC fees were a small nominal fee like $35, but it isn't. It gets larger if the overall cost is greater.
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When debit cards came on the scene ... a charge, whether $25, or $2,500 cost the "bank" around .25-35 to process. Back then, the same process via a Credit Card (with benefits for sure) was 4%.... now ... it'$ different .... becau$e they can
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When literally billions flow through each day, with much being via CC/Debit ... a measly 3-4% off the top ain't that much..... I$ IT?
Ye$ IT I$ .... unless yer a banker
