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  1. #1
    Join Date
    Jun 2009
    Location
    Grayson County, Texas
    Posts
    28

    Default accepting debit/credit cards

    I have a couple of fairs and a farmers market who want me to sell at them. They both have asked if i am set up to take debit/credit cards. I am not and never have been. My question is do any of you and if you do what are the pitfalls to avoid. Is it worth it?

  2. #2
    Join Date
    May 2008
    Location
    Snowmass, Colorado, USA
    Posts
    2,496

    Default Re: accepting debit/credit cards

    I don't and the reason is because most of my sells are not large amounts at farmers markets. In order to get set up you will have to buy a card reader and wireless, which last time I checked, ran about 800 bucks. You then also have to pay for the service plus 3% or a bit more on every sale. If you were selling jewelry or other items that ran up or close to a hundred bucks or so then it may be worth it. But for 5-10 buck sales it is going to take awhile to re-coop your initial outlay. Maybe someone who actually does use a reader will respond and list the benefits of having it. I personally have lost maybe 5 sales last year out of thousands. Most people have cash in smaller amounts or at least can write a check.
    Life is tough, but it's tougher when you're stupid. John Wayne

  3. #3
    Join Date
    Jul 2008
    Location
    oneida ny usa
    Posts
    128

    Default Re: accepting debit/credit cards

    Many years ago I took cards. Not anymore. Another charge they forget to inform you of is if you dont use the thing during a month they still charge a fee just for having it. The initial cost of setup is down now to around 300 or so if you shop and the amount they take is usually less than 2% per sale but it also depends on the average sale dollar amount. There are some companies out there that lease the equipment but charge like 50 bucks a month. I was recently told that fewer people are using cards lately. I would rather lose an occasional sale but I found that when a person asks if you take credit cards and you say no they then pay in cash anyway.

  4. #4
    Join Date
    Apr 2010
    Location
    Palmer Alaska USA
    Posts
    24

    Default Re: accepting debit/credit cards

    We accept credit cards mainly for a different business, it costs us $35 per month plus about 2% plus I think $.20 per transaction. We still use a knuckle buster and hand enter the numbers after the show this means that we can't check to see if the card is good at the time of the sale. If you decide to sell on line or mail order I would go with the CC if you are only doing farmers markets and such I think that you will be money ahead to not get into the credit card stuff. If you do decide to take cards shop around the difference in how much you will pay is huge.

  5. #5
    Join Date
    Jan 2009
    Location
    piedmont, KS
    Posts
    242

    Default Re: accepting debit/credit cards

    well simple solution would be to accept paypal. If you have a cell phone with internet access and web browsing, you can enter cc numbers and pay through paypal

  6. #6
    Join Date
    May 2009
    Location
    Palm Bay, FL, USA
    Posts
    2,297

    Default Re: accepting debit/credit cards

    Cash!!!!!!!!!!!!

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