Re: Credit card questions? opinions please

Posted by omahagreg on December 03, 2009 at 06:46:30 from (72.196.16.150):

In Reply to: Credit card questions? opinions please posted by jocco on December 03, 2009 at 06:34:56:

I accepted credit cards for my remodeling business. I had done some work for a MAJOR mall anchor, and was told by my contact there that if I did not accept his credit card it would take 6 months to get paid. For me it was not worth it. I got a real good percentage, 1.9 on Visa and Master Card, (others were more) if my memory is not failing me, but you HAD to swipe the card for that rate. That created a problem in itself as you had to have a phone line to plug into. If you could not swipe the card, the rate was double. Also, there was a minimum charge, $32 per month with a 1 year contract, that was real hard to justify as I used it only 5 times during the contract. Plus, I had to buy all the equipment, another $150.00. For me, I was just glad when the contract expired. Greg

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