Credit card transaction fee anyone?

[lifelikedental]

Im wondering if anyone is charging 3percent transaction fee to their customer for using credit card.

They do help with cash flow because i can run them at the beginning of the month. About 70 percent of my clients use credit card payment and the fees are becoming way too much.

Any thoughts?

 

[tuyere]

Bake it into your pricing, and maybe offer an equivalent discount for cash/debit. Ask nicely for people to pay with debit or credit if they can. Extra fees feel antagonistic and discounts feel nice, even if the money involved is the same. 3% of a fairly large transaction is big enough to feel like what i'd call a ****-You Fee, it's very different from a corner store charging 25 cents more to use credit for purchases under $15, or whatever equivalent you normally see day-to-day.

 

[doug]

We have it figured into our fees. Just raised them a little on a lot of items. no one said a word.

 

[zero_zero]

We have a 20% discount on cash deals... the regular prices are adjusted accordingly of course. That helps staying over 95% cash based.