1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. WELCOME Grumblers
    Backup is now done at 3PM EDT. You may find the server down for up to two minutes at that time.

CREDIT CARD MERCHANT DISCUSSION & SURVEY

Discussion in 'The Voting Booth' started by Mike Labbe, Mar 14, 2006.

Thread Status:
Not open for further replies.
  1. Mike Labbe

    Mike Labbe Member, Former moderator team volunteer

    CC & PAYMENT TYPES - MARCH '06 GRUMBLE POLL & DISCUSSION

    RESULTS from previous surveys: LINK TO RESULTS

    WHAT PAYMENT TYPES DO YOU ACCEPT?
    WHICH TYPE IS USED MOST?
    HOW DO YOU PHYSICALLY PROCESS YOUR CARDS?
    DO YOU RENT OR OWN YOUR EQUIPMENT - and why?
    HOW SHOULD ONE PROPERLY PREPARE TO EVALUATE VENDORS ON AN EQUAL LEVEL?
    WHAT DO YOU THINK OF THE NEW HIGHER RATES STARTING THIS MONTH?


    Discussion is encouraged!


    CLICK HERE TO PARTICIPATE
     
  2. Mike Labbe

    Mike Labbe Member, Former moderator team volunteer

    CREDIT CARDS & PAYMENT TYPES - March 2006
    WHICH PAYMENT TYPES ARE ACCEPTED AT YOUR SHOP?
    97% Cash
    97% Business Check
    95% Personal Check
    94% Visa
    94% Mastercard
    69% ATM/Debit
    68% American Express
    61% Gift Certificate(paper)
    58% Discover
    13% Diner's Club
    10% Barter Company
    09% Gift Card(electronic)
    07% PayPal
    04% Wire Xfer
    03% Carte Blanc
    01% JCB
    01% OTHER (see forum)
    01% Does not apply/None ​
    WHICH SINGLE PAYMENT IS USED THE MOST IN YOUR SHOP? (in $ volume)
    52% Visa
    17% Mastercard
    17% Personal Check
    05% ATM/Debit
    03% Business Check
    03% American Express
    02% Cash
    01% OTHER (see forum)
    01% Does not apply (none)

    HOW DO YOU PHYSICALLY PROCESS CARDS?
    90% Standalone credit card terminal
    06% Does not apply/None
    02% Through our POS software
    02% Knuckle Breaker
    01% By telephone
    MISC PAYMENT/PROCESSING QUESTIONS
    69% We OWN our equipment
    23% We RENT/LEASE our equipment
    26% We have a merchant contract of 12 mos or more
    27% We have a month to month merchant contract
    26% Vendor provides paper/supplies free
    69% Full card number does NOT print on customer copy
    02% We don't ask for a signature for transactions below $50
    20% We check ID's for new customers using a check
    08% We check ID's for new customers using a card
    38% We have a PIN PAD for customers using debit cards
    61% We are happy with our current processing vendor
    01% OTHER- A (please see forum)
    05% None of the above apply to my business
     
Thread Status:
Not open for further replies.

Share This Page