CASH ONLY payments for the business Y / N?

[Eldorado2k]

Thanks for playing everyone.




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I'm not a player I just buff alot.lol.



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[Mantilgh]

Square here too.

About 80% of my customers pay with a card.

The customer has the option of how to receive their receipt and you can customize it with your info and logo.

Some people prefer the electronic paper trail.

[Fast Eddie]

Past 13 years I have run a check or cash only business, as of Jan 1st I will be accepting credit cards. It's finally time as I am starting to lose some jobs due to not taking credit. I live in a college town and they make up a decent portion of my business, these kids don't even know what a check is.

[Mad Wax]

Square also, I'd say about 75% of my customers pay cash, the other 25% are credit card or check. I figure being convenient might get me a repeat customer.

[KS_Detailing]

I use square as well. Works great because it will email the receipt. I also have found I get larger tips on cards. They see the option, choose a % and pay. Where as cash they hand what bill they have left over. I don't expect tips so anything is appreciated. I would say for lower end services such as a basic wash, customers are more likely to pay cash but on higher end jobs it's mainly credit cards.

[ShineDoc]

Square even has the ability to deposit within 5 minutes.

[Coopers ST]

Who does that 2.75% go to? You or Square?


Sent from my iPhone

I find I get more for a detail when the customer pays with a cc over cash. I don't charge my fee that square charges (that is tax deductible) but when the tip option comes up people tip and I get that back. When I give them a price and they pay cash often times they pay me what I asked.

[dcjredline]

Im not sure asking us will help you really. Why does it matter if anyone else has 89% of their business in plastic?

I would ask myself this if I were you.

Are people asking me if they can pay in plastic?
What % of people are asking?
How many do I lose for not taking plastic?
Can I handle that much more business?
Do I want to pay a % to a company to take plastic and get those other clients?

Pretty much only you can answer that, you know your customers and business model.

All that being said, I have always offered to take plastic but I have not had one person use it. I got a square reader back in 2012 and never used it yet. Not really bummed about that.

[AllanS]

One other cool thing with Square is that you can send invoices (from mobile or computer). Since I am not a detailer (by trade) I don't know how / when it could be used. (Though it's helpful in my business.) Perhaps on a "pre-pay basis" it could be used. I send you an invoice for services (via e-mail). You enter your CC info. I rec payment & confirmation that you paid me. Square still deducts the usual 2.75%.

Another reason why I love Square - no matter WHAT card (Amex, MC, V, Discover) it's always the same disc rate - even if a rewards card or corp card or debit card. You can also manually enter a card (phone order, forgot your card reader, etc.) and the disc rate is a little higher - 3.25%??, + $.15 (IIRC). Build it intor your pricing! (Plus, I believe it's against T&C's to charge more for cc's - offer a cash discount is THAT work-around.)

HTH!

[KWOLDIE]

Dan: Go for the or the square app. It's easy and the business professionals that expense their cars love it

KWOLDIE