Re: 3% hike
[Re: Guss]
#7904317
07/12/23 12:21 PM
07/12/23 12:21 PM
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Joined: Dec 2006
Posts: 759 U.P. Michigan
Spade
trapper
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trapper
Joined: Dec 2006
Posts: 759
U.P. Michigan
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Yep, got hit with 8% charge when I used the CC to pay for registration and tags for the truck.
24 years Army Medical Corps
I only want to be known as:
A great husband, a good trapper, and a great steward of the land.
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Re: 3% hike
[Re: Guss]
#7904318
07/12/23 12:23 PM
07/12/23 12:23 PM
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Joined: Dec 2006
Posts: 2,067 Ames, IA
MikeTraps2
trapper
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trapper
Joined: Dec 2006
Posts: 2,067
Ames, IA
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I run a small business and my CC processor charges me 3.4% for any CC transactions. So if I don't charge the customer that 3.4% it comes out of my end of the payment and I lose money and that would be several thousand per year.
Mike
Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure
Theodore Roosevelt
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Re: 3% hike
[Re: Guss]
#7904326
07/12/23 12:36 PM
07/12/23 12:36 PM
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Joined: Sep 2013
Posts: 18,903 Green County Wisconsin
GREENCOUNTYPETE
trapper
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trapper
Joined: Sep 2013
Posts: 18,903
Green County Wisconsin
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yup
CC companies make their money some of it by charging the retailer 3% so many retailers have turned that to the customer.
definitely getting more common
lots of gas stations has a cash price and a credit price
lots of small retailers are now cash or 3% up charge
but when you get to the bigger cities they are cashless in many places , you can only use a card so there is nothing for them to get held up for
been to a few coffee places you pay an extra dollar for CC or debt card no matter the bill
this is why some places have a minimum purchase to use a CC but some CC terminal contracts won't let them set a minimum so then they change to a dollar fee or 3%
America only has one issue, we have a Responsibility crisis and everything else stems from it.
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Re: 3% hike
[Re: MikeTraps2]
#7904332
07/12/23 12:44 PM
07/12/23 12:44 PM
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Joined: Aug 2008
Posts: 16,350 ny
upstateNY
trapper
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trapper
Joined: Aug 2008
Posts: 16,350
ny
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I run a small business and my CC processor charges me 3.4% for any CC transactions. So if I don't charge the customer that 3.4% it comes out of my end of the payment and I lose money and that would be several thousand per year.
Mike ^^^^ Yup,this.My mechanic started charging for credit card payments this year.Said he ate it for as long as he could,,but when he ate almost $ 10,000 last year he said that's it.I pay with cash so I don't get wacked.
the wheels of the gods turn very slowly
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Re: 3% hike
[Re: 080808]
#7904352
07/12/23 01:10 PM
07/12/23 01:10 PM
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Joined: Sep 2013
Posts: 18,903 Green County Wisconsin
GREENCOUNTYPETE
trapper
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trapper
Joined: Sep 2013
Posts: 18,903
Green County Wisconsin
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Always ask the OWNER how much if I pay cash? Cash is king! a few places I go the price is the price if cash , if not cash you pay 5% the WI sales tax is 5% he has it built in to the price to cover the CC machine if cash you can just pay the price
America only has one issue, we have a Responsibility crisis and everything else stems from it.
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Re: 3% hike
[Re: MikeTraps2]
#7904361
07/12/23 01:29 PM
07/12/23 01:29 PM
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Joined: Mar 2012
Posts: 3,698 Nevadafornia
Lazarus
trapper
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trapper
Joined: Mar 2012
Posts: 3,698
Nevadafornia
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I run a small business and my CC processor charges me 3.4% for any CC transactions. So if I don't charge the customer that 3.4% it comes out of my end of the payment and I lose money and that would be several thousand per year.
Mike Ditto
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Re: 3% hike
[Re: Guss]
#7904450
07/12/23 03:28 PM
07/12/23 03:28 PM
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Joined: Mar 2020
Posts: 7,463 W NY
Turtledale
trapper
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trapper
Joined: Mar 2020
Posts: 7,463
W NY
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Do you still pay an extra fee when using a debit card?
NYSTA, NTA, FTA, life member Erie county trappers assn.,life member Catt.county trappers
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Re: 3% hike
[Re: Guss]
#7904455
07/12/23 03:34 PM
07/12/23 03:34 PM
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Joined: Dec 2006
Posts: 15,861 MN, Land of 10,000 Lakes
Trapper7
trapper
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trapper
Joined: Dec 2006
Posts: 15,861
MN, Land of 10,000 Lakes
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We have a restaurant that charges two different prices when it's cash or CC.
Remember as a kid we played army and you gave up the fort so the other side got it? Of course you don't. Little kids aren't that stupid.
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