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Melina - The Edging Expert
Melina - The Edging Expert - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:03:58
Edited: 2018-10-23 07:04:34

Intersting
Arhwen
Arhwen - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:06:26

On 2018-10-23 07:01:57 SilverWolf said:
Service Station.

And subtract 1.8% from your rates when they use the card facility. This will give an off-round figure on the statement:

R1000 = R982.00 (example)

Kisses



What you are suggesting is that i run at a loss as i still need to pay bank charges on each transaction. Most place do charge 10% on credit cards transactions to cover bank charges.
SilverWolf
SilverWolf - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:13:00

On 2018-10-23 07:06:26 Arhwen said:
On 2018-10-23 07:01:57 SilverWolf said: Service Station.

And subtract 1.8% from your rates when they use the card facility. This will give an off-round figure on the statement:

R1000 = R982.00 (example)

Kisses

What you are suggesting is that i run at a loss as i still need to pay bank charges on each transaction. Most place do charge 10% on credit cards transactions to cover bank charges.



Not at all. Im merely suggesting you reach an uneven number. So if you want, charge an extra R100 above your usual rate for the convenience of a card facility, and THEN subtract 1.8%.

R1100 = R1080.20

Xxx
Arhwen
Arhwen - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:23:59

Definitely a thought i want this to work well for both parties involved ;)
SilverWolf
SilverWolf - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:29:51

On 2018-10-23 07:23:59 Arhwen said:
Definitely a thought i want this to work well for both parties involved ;)



Those are usually the best moments... wink.
Executive123
Executive123 - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 07:30:07

How does one mitigate the risk of a charge back on a credit card for transactions like these? Or is it purely a trust factor...?
Arhwen
Arhwen - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 09:19:43
Edited: 2018-10-23 09:20:10

Great question Executive.

With that said I have done all my homework and have decided that Payfast will be the best way to go.

It is secure for both the buyer and the seller ;)

Further more it is a cheaper option and i dont need to add 10% 5 will do ;)

Further more i dont have to purchased a card machine it can be done online.

Could this work for you???
janman
janman - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 10:14:35

Also look at Yoco small pocket device that links with your phone for the transaction!

Brilliant idea, have fun and pay it of over time
vampirezn
vampirezn - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 13:00:24

www.ikhokha.com/card-machines


You have many options here, with the option to pay over time for the machine. Read a bit on it and see from there, many options available.
Vegas @ Kings Cove
Vegas @ Kings Cove - Re: Credit Card Facility
Re: Credit Card Facility
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Posted: 2018-10-23 14:40:07

On 2018-10-22 20:38:47 2Horny said:
Just a thought. If your normal rate is R1000 then rather bill an arbitrary amount like R 1008,98. Round numbers are more likely to be questioned.


Very interesting thank u

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