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 Square and PayPal Here Transaction Times and % of Sales?

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Rootsman

  • Total Posts: 235
  • Joined: 7/9/2005
  • Location: Orlando, FL
Square and PayPal Here Transaction Times and % of Sales? Thu, 01/24/13 5:31 PM (permalink)
Planning to start using PayPal Here soon and have a few questions. 
 
1) How many seconds do these new tools add the transaction time as compared to a cash transaction, i.e., from the time the customer places an order to the time they walk away with there order?  Please indicate if you use whole dollar tax inclusive pricing or deal with coins.
 
2) What % of sales are cash vs. credit card?
 
3) Do Square and PayPal also require a signature in addition to the swipe?  Can't see handing customers my smart phone all day.
 
I know I'm leaving money per transaction on the table, but for convenience and quicker service times I currently use whole dollar tax inclusive pricing and can accept CC on my website.  A few customers will go through the major hassle of using their smart phones to access my website and pay that way.   
 
Based on your answers I may keep pricies the same, but exclusive of tax.
 
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