[Sandy and Ed]

Originally Posted by charlie1

Have you ever wondered why you see more companies going to Credit/Debit Card only payments. Turns out that it is more cost effective in the big picture. The company does not have to worry about keeping cash/change, employee theft, counting and balancing cash throughout the day, etc. Using only charge cards generates immediately your proceeds and almost automatically deposits them into the bank each day. All labor needed to take cash are significant cost and problems for the company but is assumed to be normal. Unfortunately, some companies still live in the past and insist they are losing all the money paid to fees. they need to look at the bigger picture! (including usually an increase in sales!)

Totally agree! Cost of doing business. Just price your product or service accordingly so you arrive at the profit you want. I can’t gripe about the fee if it is buried in the cost of the product.