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credit card fees vs losses selling on commission

He who dares wins?

         

Oliver Henniges

10:21 pm on Jan 27, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Last year we made more than 300k turnaround via ecommerce. We sell on commission. Our customer's December-bills are not completely paid yet, but it seems, whole year's losses will amount to less than one per cent (3k).

Correct me if I'm wrong, but I read here in germany visa or amex would take 3% fees. Is that right? Even if I calculate 25-30 k average outstandings amount to another 3k potential census (capital binding): Is there any reason to allow for credit cards?

Corey Bryant

11:47 pm on Feb 3, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



The discount rate I think is a bit low for Germany but I could be mistaken. What does your acquirer say / charge you?

-Corey