sparky76 said:
Had a good residential customer ask if I would take his American Express so he could get the miles. Who here is set up to accept the major credit cards? How difficult of a process is it and what are the fees? I'm talking about Visa, Mastercard and AE.
Thanks in advance.
We had it up until a few month ago the rates were decent, then last year the big guys started buying the small merchant service companies out, they started charging all kinds of service charges and it became very expensive to continue, they just let greed take over, so we stopped, customer can get a cash advance, if they need the funds.
Miles is a real smake oil, the customers, and merchant pays for them in the form of hidden service charges, and higher credit rates, but some want to believe that Santa is real, and there is a free lunch, the credit industry has been able to market service price gouging, and unfare intrest rates, by making some feel they are getting something for nothing, the purchases they made or the charges they put on the card, had a built in hidden charge, wich the merchant passes on to all the consumers, why do we let them play us for suckers?