ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals

Topic Options
Rate This Topic
#182837 - 12/13/08 12:21 PM credit card as payment
tradesmen Offline
Member
Registered: 02/03/08
Posts: 9
Loc: shippensburg,pa
I am woundering if it is worth while to start taking credit cards for payment? I am a 1 person residental contractor,I do mostly small jobs and service calls. I have had several people ask if I accepted credit cards for payment.What is involved and costs of accepting credit cards, and is worth while for a 1 person company or not. Thanks for all input
Top
Business, Office, Estimating, Legal:
#182856 - 12/13/08 11:19 PM Re: credit card as payment [Re: tradesmen]
macmikeman Offline
Member
Registered: 07/16/02
Posts: 717
Loc: Honolulu, Hawaii
If you are fully booked all the time and have no growth desires, then my answer is maybe, maybe not. If you like getting more work at a large percentage of your jobs, then it is a great way to achieve that. You can expect about 30-40 percent upsell (you know- change orders/ extra's ) that sort when they are able to charge it. Done right, the expenses are not hard to build into the job, but that has to be done indirectly. Use the search button for this forum, there are discussions about the particulars of setup and monthly costs.


Edited by macmikeman (12/13/08 11:21 PM)
Top
#182909 - 12/17/08 04:57 PM Re: credit card as payment [Re: macmikeman]
Trick440 Offline
Member
Registered: 08/15/05
Posts: 247
Loc: Waterford, MI, USA
I have only done it once but I except credit cards through paypal.com and they have to pay the additional fees.
_________________________
Shake n Bake
Top

Member Spotlight
Member Since: 04/03/02
Posts: 6776
New in the Gallery:
SE cable question
Featured:

2017 NEC and Related
2017 NEC
Now Available!

Shout Box


Who's Online
0 registered (), 50 Guests and 8 Spiders online.
Key: Admin, Global Mod, Mod
 
New in the Gallery:
SE cable question
 
Top Posters (30 Days)
Admin 51
HotLine1 43
gfretwell 17
Trumpy 16
Ruben Rocha 13
 
Newest Members
clee512, Jdscott2005, FAIZAN, Regitest2, sureshazhagai

ECN Electrical Forums - sponsored by Electrical Contractor Network - Electrical and Code Related Discussion for Electrical Contractors, Electricians, Inspectors, Instructors, Engineers and other related Professionals