Quote:
Originally Posted by Tsar
Here you go.
So almighty business man, tell me is it better to make 96 dollars on 100 dollar tab, or is it better to make 0 because a customer doesn't come? For a place like PL that sees higher check balances cost/middle man isn't what's prohibiting them in accepting credit cards.
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you're forgetting the monthly cost of owning or leasing a c.c. machine, plus the cost of service. If there's a lot of volume it doesn't matter much. But for a small business, it's definitely something to take into account.