www.CostaRicaTicas.com

Mikey-B wrote:



If you are truly doing this only as a courtesy/convenience to your customers then you are in the minority. Most merchants accept credit cards because they are aware the average consumers will spend more when using plastic rather than cash and there are consumers who lack sufficient cash at times and would not make the purchase.

I will not even get into the "Corporate Card" holders who would pass if they could not bill it back to the company on the Corporate Card and yes I know they could pay cash and get a receipt. Nice in theory does not happen in reality.

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I like how everybody wants it BOTH ways.

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My life is not a journey to the grave with the intention of arriving in a pretty and well preserved body, but rather to skid in sideways, totally worn out and loudly proclaiming...." MAN....WHAT A RIDE!!!!"

What do you mean? My stance is that it's wrong. Even if it is NOT illegal or not considered immoral, I wouldn't allow it as a general business practice if I were the proprietor. It certainly has the appearance of impropriety.

dapanz1

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Paradise= Sitting outside the Bodega in Panama City about 1 am. Drinking cool Balboas with cool friends and blazin' hot Colombianas. I want to be there..RIGHT NOW!

I don't know what this thread has to do with CR, but...
Hey, you can't qualify for unemployment if you get fired for being an idiot can you?

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Living well is the best revenge
http://www.youtube.com/watch?v=MwUtj_YnNoY

Unfortunately in many states you can

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I believe that I am DEFINITELY in the minority.

I don't own a retail (storefront) business. I'm a contractor, but I am one of the only contractors in my area that offer a credit card payment as an option. My customers don't use plastic because they can "buy" more on plastic vs. cash. They use their credit cards because they need their home fixed in a hurry, and they have no choice.

Most of my CC transactions average around $2,000 - $3,000. Because I offer them the option to pay with a credit card, I am able to generate an extra $50K - $60K in sales every month. This is revenue that I would not have generated without offering that option for payment.

The fees suck, but it's a necessary evil. But, the nice thing, is that I am able to use my AA CitiBank card extensively (for business purchases), so I rack up a shitload of miles every month. [/u]

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You ALWAYS have an option ....... "NEXT" !!!

Mikey-B wrote



That was exactly my point. You are not accepting CC transactions as a courtesy or convenience you are accepting them to increase your revenue. Most business owners recognize that there is nothing wrong with that it is just good business and worth the percentage you pay the card company.

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

I arranged a dive trip for four of us next month - made the arrangements online. I charged the airfare and hotel to my AAdvantage card and my buddies later wrote me checks to cover the cost.

I do this sort of thing whenever I can.

I love my AAdvantage card!!

underdog

Chances are that your friend will lose his job…

Sooner or later the owner or manager will get wind either thru a comment by a customer they know or by thinking that money is being pocketed when the video tapes are randomly reviewed. He has to pocket the cash and scanning the security videos for this is something most multi unit operators do on a regular basis. Zero rings of merchandise from the convenience store area are the #1 method of theft; gas theft is a lot more difficult due to meters compared to POS system rings…

He will be fired for “mishandling of company funds”, not prosecuted, but will not be able to collect unemployment. Or at least if the employer contests the claim, and has proper documentation or evidence (video) to show the unemployment folks.

Or at least this is how it would go down in CA, Canada may be slightly different…

OBTW if the merchant reports the “scam” the CC company has the right to deny the mileage reward… this type of scam has been tried before and is covered in the “fine print” of your rewards card.

Mendo

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"It takes a lot of good beer to make a great wine"

I am with Mikey B. I offer CC as a payment option because that is what most of the captains on these yachts have for operating expenses of the yacht. The owners can keep a close eye on expenditures that way. On the other hand I can side with DD as I get my money faster than waiting for a check to be mailed from some other location. It is worth the small hit to keep the cash flow going.
I have read something on this scam somewhere before and it will probably not end well for Jmac's "friend". Isn't that how you broach an uncomfortable subject ? Hey doc ummm I have a friend....
Sparky

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Sparky
Get in line to ride the lightning!!!


Almost legally single again! Voy a Colombia otra vece!!

Well Im not even old enough to have a credit card in my name..