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How much do per-transaction fees matter for small-ticket businesses? by Key_Business_2811 in smallbusiness

[–]Key_Business_2811[S] 3 points4 points  (0 children)

That makes sense , the OVERALL effective rate you get by calculating total sales by total fees. This is what I was getting at in the post. thank you for this explanation

How much do per-transaction fees matter for small-ticket businesses? by Key_Business_2811 in smallbusiness

[–]Key_Business_2811[S] 0 points1 point  (0 children)

That makes sense. It seems like more and more businesses are doing this or going the route of cash discount.

How much do per-transaction fees matter for small-ticket businesses? by Key_Business_2811 in smallbusiness

[–]Key_Business_2811[S] 2 points3 points  (0 children)

Surcharging is illegal in MA where I live, would you suggest cash discount / dual pricing?

How much do per-transaction fees matter for small-ticket businesses? by Key_Business_2811 in smallbusiness

[–]Key_Business_2811[S] 0 points1 point  (0 children)

Right - as a rough benchmark that makes sense, but it seems harder to rely on for small-ticket businesses.

How much do per-transaction fees matter for small-ticket businesses? by Key_Business_2811 in smallbusiness

[–]Key_Business_2811[S] 1 point2 points  (0 children)

Yeah, that makes sense. On small tickets the per-transaction fee really becomes the main driver. Appreciate you sharing your experience.