The cheque is nearly dead………..is cash dying too?

[Andy Allen]

And what percentage do you pay to the card companies. .

 

[stusgsx]

I get paid via BACS 80% of the time. There's usually no one in when I'm finished and I don't feel comfortable asking for a cheque before I've finished. Will normally send invoice a day or so later with BACS details. If still nothing after a week then they get an email saying just checking you got my last email and that usually prompts them to pay.
Think I might be too relaxed!

 

[Gazzer]

And what percentage do you pay to the card companies. .

I think its about 2.8% but cant be sure. I may get one soon but I will just add the cost to the bill.

 

[Bubblecraft]

And what percentage do you pay to the card companies. .

I pay 2.75% of the transaction for credit cards & 75p per transaction for debit cards. I take the hit on the cost for many reasons.

 

[Peter]

How long til you get your cabbage in the bank after the transaction?

 

[Gazzer]

How long til you get your cabbage in the bank after the transaction?

That I dont really know ???

 

[Andy Allen]

I think its about 2.8% but cant be sure. I may get one soon but I will just add the cost to the bill.

how would you do that neal, just add a certain percentage on every job, or tell a customer they can pay by credit card but it will cost x amount more........can see it being a bit of a minefield if trying to add more money on the job when finished......no dout they will end up paying cheque anyway to save money.....lol

 

[Gazzer]

I would just ask how they want to pay and add the cost on if the wanted to pay by credit/debit. If they dont accept that then they can still pay by other means. Afterall I am paying the cost of the machine and phone data.
I have been asked only a few times in the past if I took credit /debit cards but I do feel "some" will like it and "some" wont. At least nowthey have that choice.
I know I pay by debit card for most things now .

 

[Bubblecraft]

How long til you get your cabbage in the bank after the transaction?

In the bank after 3 working days. All fees are accumulated & paid at the end of the month rather than it being taken off before you get the doe

 

[gamma38]

Mostly BACS for me as well, invoice with my details at the bottom. I always ask the customer before i leave the job how they intend to pay, most of the time this gives them a nudge to either paying or sorting out payment. Touch wood i don't have too many issues.