Talk of The Villages Florida - View Single Post - Credit Card surcharges
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Old 11-06-2023, 01:51 PM
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alwann alwann is offline
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Default cost of charge

Quote:
Originally Posted by rjm1cc View Post
It cost the merchant money to process the cc. Thus if no fee is charged this cost is spread over all customers. If the charge can be limited to just the customer causing the expense then the non cc customers should get a lower price in theory. In short if you pay a dollar on a cc the merchant might only get 95 to 97 cents but if you use a dollar bill they get 100 cents.
Yes, even a medical practice I see is charging a fee for card use. Not being a tax accountant, I wonder wouldn't the costs of having a credit billing service be deductible as a business expense?