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#182837 - 12/13/08 03:21 PM credit card as payment  
tradesmen  Offline
Member
Joined: Feb 2008
Posts: 9
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


Business, Office, Estimating, Legal:

#182856 - 12/14/08 02:19 AM Re: credit card as payment [Re: tradesmen]  
macmikeman  Offline
Member
Joined: Jul 2002
Posts: 717
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.

Last edited by macmikeman; 12/14/08 02:21 AM.

#182909 - 12/17/08 07:57 PM Re: credit card as payment [Re: macmikeman]  
Trick440  Offline
Member
Joined: Aug 2005
Posts: 248
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.


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