Glad I take credit cards...

If 2.5% is the total transaction that would allow the low volume Hd vendor to process CC's. IMHO the guy on the street, doing $75 to $175 daily sales, isn't getting the best rates for CC transactions. I feel in almost all cases, unless your HD cart is located on Wall street, most people have a few dollars for a few hot dogs..............BikerJim may have a HD cart, but his pricing structure is a lot higher than most HD cart vendors. I see Banking fees going sky high in the near future, with all these extra fees making it even more difficult for the small business owner to survive......................

The problem is that most aren't getting a 2.5% all inclusive rate. There are usually fees attached per transaction, and many companies rent or have high fees to use their cc equipment.
 
Do you have contact information for the company that is offering the 2.5% all inclusive rate? I'm sure they could get a lot of business if they truly are offering this rate without gouging for the use of their equipment.
 
-MC

MC, if there was really a 2.5% inclusive rate everyone would be on board. I have a large operation and I only take cash..........Bill

Very interesting discussion. I take it some people didn't care for it.

Guys... I use this company. It's called Square. It's AS SIMPLE AS I TYPE THIS. Keyed rates are 3.5% +.15 & swiped rate is 2.5%+.15 cents. NOT ONE OTHER CHARGE. The equipment is FREE. If you lose it, You get another one FREE. The ONLY catch is if you want to use a swiper, you have to plug it into your phone. My money is in bank in 2 days. I pay them NOTHING but the % + .15
 
Its Ideal for me and mid volume. Takes about 5 seconds to process and on to the next customer.
 
https://squareup.com/  ( main site )
https://support.squareup....ed-questions#card-fees
( FAQ page )
 
I've been using this for months now. I've never been less stressed over money.
 
 
 

@ Billy... Things are good, the grill is working out pretty awesome. I still don't have a hood on it yet, but i found I fair better using pans to heat water on them for the sausage & peppers and kraut & burgers.. LOL  Keeps them good for hours on end. I still use it to cook in the morning and stuff. Keeps me nice and toasty in there too with the 25degree weather.  January just plain sucks... I've got another vendor trying to snuff me out. He's a CREPE's trailer. been open for 2 months in the city and thinks he can run me out. LOL he's been in my spot for 2 days and sold nothing. I just don't think my spot is a crepe's place... contractors don't want that.
I'm looking to buy a second trailer and do some different things out of it, like snowballs, and dogs for the summer. It's in a great location and the rent is cheap. $75 a week.
 
@ Trenton...  ... I didn't see your name mentioned in that post. I guess you assumed it. Well actually to correct you, it wasn't meant directly at you. I don't come on this forum to argue with people... I come here to share advice and help. If you got other plans, just GTFO now...Sick of running into the BS on this board. cuz i'm sick of it, and I'm sure ppl are sick of reading thru the BS to get answers to their questions.  THAT is directed to you...  Just so there isn't any confusion.

I am not yet in operation, but I can say this....
 
In the DC metro area, people use their credit cards for meals, even cheap ones.  I worked in corporate America for 15 years or so.  Over the past several years in particular, I've noticed that just about every person I went to lunch with used one.  We're talking sandwiches, pizza, big lunches, etc.  I preferred cash myself, but that's beside the point.  I think people find it lighter in the pocket and just plain easier to deal with the card.  In the old days, transactions weren't as seamless, but it's quick now.
 
If you can afford to take cards, I'd do it.  I plan to do so, as I honestly believe I could lose business by not accepting them.
 
Steve

THE WILD DOG


Guys... I use this company. It's called Square. It's AS SIMPLE AS I TYPE THIS. Keyed rates are 3.5% +.15 & swiped rate is 2.5%+.15 cents. NOT ONE OTHER CHARGE. The equipment is FREE. If you lose it, You get another one FREE. The ONLY catch is if you want to use a swiper, you have to plug it into your phone. My money is in bank in 2 days. I pay them NOTHING but the % + .15

Its Ideal for me and mid volume. Takes about 5 seconds to process and on to the next customer.

( main site )

( FAQ page )

I've been using this for months now. I've never been less stressed over money.

 
How do you handle receipts with that system? Do they provide a printer?
 
-MC

you can either send them via email, sms text, or you can buy a blue tooth wireless printer that runs off batts that will print them out.typcially runs about $200 for the printer.
 
Its the best thing Ive ever come across...

THE WILD DOG


you can either send them via email, sms text,

 
Cool!