Archive for the ‘Credit Card Processing’ Category
How do I become a credit card processing company?
alizain d asked:
I have been trying to find out how to open a credit card processing business. I’m in the wholesale business for gas stations and smoke shops and can get alot of my customers to switch their credit card processing to me but I cant find out how to start this business. Please help.
KARL
I have been trying to find out how to open a credit card processing business. I’m in the wholesale business for gas stations and smoke shops and can get alot of my customers to switch their credit card processing to me but I cant find out how to start this business. Please help.
KARL
My small business is looking to accept credit cards ( credit card processing ). What are the pros and cons?
Keiya K asked:
I have a small restaurant business that makes around 300k a year. I am thinking about accepting credit cards because many customers want to use credit cards but we only accept cash. How much would the startup costs be for getting a credit card system in place? Also, how much roughly are monthly fees and how much are transaction fees (estimates are fine)? Are there any contracts when signing up for credit card processing? In all honesty, would it be best for me to stay cash only or would it be better (again in your opinion) for me to go with a credit card system.
I have a small restaurant business that makes around 300k a year. I am thinking about accepting credit cards because many customers want to use credit cards but we only accept cash. How much would the startup costs be for getting a credit card system in place? Also, how much roughly are monthly fees and how much are transaction fees (estimates are fine)? Are there any contracts when signing up for credit card processing? In all honesty, would it be best for me to stay cash only or would it be better (again in your opinion) for me to go with a credit card system.
One more thing, we are more of a seasonal business in that we get most of our customers (about 75% of our income) during May-August and in November-January. Other months the business is slow.
IVY









