Credit card fees (NAC!)
Kent McLean
kentmclean at mindspring.com
Thu Apr 14 17:56:06 EDT 2005
Fred Munro wrote:
> I suspect if you don't offer some type of on-line payment
> option you may lose a few customers;
I think that if you are the only source, and I really want the
product, I'd comply with your methods of payment. I might not
be happy about it, but I'd comply.
As for PayPal, I've heard horror stories. AFAIK, they are not
a bank and are not subject to banking regulations. If things
get messed up in the transaction (you shipped, customer claims
it was broken when they received it), PayPal leaves you no
recourse. That may be from the customer side, but I'd look
into the merchant side to see if there is any protection.
The other perspective is to raise your prices to meet rising
costs. Then you have to worry about losing customers because
of price. Supply and demand, don't you know. If it were easy,
we'd all be Bill Gates.
Cheers.
--
Kent McLean
'94 100 S Avant, "Moody"
'89 200 TQ, "Bad Puppy" up in smoke
'56 Austin-Healey 100 BN2, for sale
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