Retail & Liquor Store POS News

Sharing Credit Card Fees with Customers and Save $

Dec 28, 2020 3:43:58 PM / by Lynn Skurla Perkins posted in Cash Discounting, Save on Credit Card Fees

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What does it mean to share credit card fees with customers?  We have had several inquiries lately, so thought we would pass along a little bit of information.

If you are a business that accepts credit cards, you know that there are fees involved.  And historically, a customer that pays in cash pays the same price as a customer that pays with a credit card.  Many just accept this as the cost of doing business. However, with card acceptance at 80% or higher, businesses are starting to take a second look at the fees and ways they can share these fees with customers that want the convenience of using their card. 

Start saving some of those fees to put back into your business.

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