Credit card fees (NAC!)

[SuffolkD at aol.com]

I dropped my serivce / contract last Dec.
$20 monthly, $50 "membership" BS
A $2000 sale was like a $230 loss in fees:  both 1.x% AND 3% for a NON swiped 
card.  MC/Visa/DISC etc.................. unless you do volume and swipe the 
card IMHO its kinda silly to accept them.

HOWEVER, society does make it HARD to do business without them.
Look around at other "hosts" check out your bank?

Curious Mc Donalds is taking them everywhere now, see what awesome deal they 
are getting..........................

-Scott by BOSTON

> From: Mike Arman <>
> 
> This last month, the merchant account fees on my credit card acceptance 
> came to a full 25% of total sales! Mastercard and Visa are making more on 
> what I'm selling than I am. In addition, they sent me a 15 page document 
> which itemized in great detail all the various upcharges and penalties and 
> reasons why I'm going to have to pay them even more, and reminding me that 
> if I offer a discount for cash, they will cancel my account entirely. This 
> document is totally incomprehensible to me, and my specialty is 
>