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#5
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Paypal or CC charge about 3% to take their service. In my small auction company we only charge a total of 12.5% fees. If we took those payment options it would take up to 25% of our profit. That is the main reason we don't take it. The other is charge backs.....That/they would really suck.
As someone who took credit cards for the last 9 yrs, to the tune of about 700k per year in cc's, I can tell you that those services rape you and they suck bad to deal with. As a consumer I love them...but as a merchant, no way. If I was in a business that had to take them I would......but did I mention I hate Merchant Services (the cc part of companies)....?
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Leon Luckey www.luckeycards.com |
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