Re: Taking credit cards

["S. Hieber" <shieber@yahoo.com>]

That's the amount to avoid the fee. 

But if we pay the fee and get 1.25 subscriptions per month
from mailin cred card purchases, then we come out slightly
about even on revs versus the fee to get those revs.

But I still like the idea of looking for another merchant
bank or other method of hanlding cards, such as Erik
suggested.

sh
--- David VillaSunscape <davidlass@villasunscape.com>
wrote:
> My calcs are that we would have to do $800 per month at
> .0284 to = $25.
> I think we should bail.
> David
> ----- Original Message ----- 
> From: "S. Hieber" <shieber@yahoo.com>
> To: <aga-sc@thekrib.com>
> Sent: Tuesday, October 14, 2003 1:51 PM
> Subject: Re: Taking credit cards
> 
> 
> > If it's more than 1.25 per month, then it's paying for
> the
> > $25.  What's the extent of additional costs?
> > 
> > sh
> > --- David VillaSunscape <davidlass@villasunscape.com>
> > wrote:
> > > That's exactly my point -- I don't think we are doing
> > > enough CC business to
> > > cover the fees.
> > > David
> > > ----- Original Message ----- 
> > > From: "S. Hieber" <shieber@yahoo.com>
> > > To: <aga-sc@thekrib.com>
> > > Sent: Tuesday, October 14, 2003 1:29 PM
> > > Subject: Re: Taking credit cards
> > > 
> > > 
> > > > Which bank is this the merchant bank or a business
> > > demand
> > > > deposit account?
> > > >
> > > > Anyhow, we could probably get a no minimum
> somewhwere
> > > else
> > > > and then get this bank to back down.
> > > >
> > > > But with Paypal as an alternative, if you give up 
> cred
> > > > cards , all you lose are the folks that insist on
> > > paying
> > > > cred card through the mail, right?  So what
> percentage
> > > > could that be?  Less than 1 to 1.5 persons per
> month? 
> > > If
> > > > so, the they don't cover the cost of the fee to get
> > > them.
> > > >
> > > > sh
> > > >
> > > > --- David VillaSunscape
> <davidlass@villasunscape.com>
> > > > wrote:
> > > > > Hi all -- 
> > > > > The bank has decided that we are doing so little
> > > credit
> > > > > card business that
> > > > > they are going to impose a $25 monthly minimum
> fee. I
> > > am
> > > > > wondering if there
> > > > > is any chance that we could do away with
> accepting
> > > > > cxredit cards and go with
> > > > > Pay Pal only. For the past few months we have
> only
> > > been
> > > > > averaging a few each
> > > > > month for membershipo and books.
> > > > > Please let me know your thoughts.
> > > > > Thanks.
> > > > > David
> > > > >
> > > > > David Lass
> > > > > Northeast Field Manager
> > > > > NexPet
> > > > > A Group for Independent Pet Retailers
> > > > > 781.581.1788
> > > > > email    davidlass@villasunscape.com
> > > > >
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