I'm a general contractor building custom homes, around $750K or so these days. Most of the time our payments come from bank draws, or occasionally customers pay out of pocket. About once a year I get a request to pay for a small-ish bill on a credit card ($20K or less usually). It's not often enough to justify a $99 monthly service fee for merchant services through our bank, and with a 15% markup for profit I hate to hand over 3.5% to the credit card processor.
What's a good, cheap way to do an occasional credit card transaction?
October 25, 2021 at 07:02PM
