I am considering taking credit cards soon. I've been running numbers and think I've got the following straight...
QUICKBOOKS: $17.95 per month; 2.44% + $0.23 per transaction with a $20 minimum in fees.
CELLCHARGE: $6.99 per month; 3.85% per transaction, no minimums.
QUICKBOOKS: Monthly fees will never be lower than $37.95, the sum of the monthly fee and the minimum fee. This is regardless if you have $100 in charged sales or $800 in charged sales.
CELLCHARGE: Monthly fees will never be lower than $6.99, and will never be as much as Quickbooks $37.95 fee(s) until you have made approximately $815.00 in charged sales.
SUMMARY: CellCharge would be the better route to go until the dollar amount of credit card charges each month averaged over $820.00
Since I dont take credit cards yet, I am unsure how feasible having $820 per month put on plastic by customers really is (since cash and checks has been my staple). Since CellCharge has no contracts, CellCharge would be a good service to use to test the waters.
Have I thought this through correctly?
- Bob
QUICKBOOKS: $17.95 per month; 2.44% + $0.23 per transaction with a $20 minimum in fees.
CELLCHARGE: $6.99 per month; 3.85% per transaction, no minimums.
QUICKBOOKS: Monthly fees will never be lower than $37.95, the sum of the monthly fee and the minimum fee. This is regardless if you have $100 in charged sales or $800 in charged sales.
CELLCHARGE: Monthly fees will never be lower than $6.99, and will never be as much as Quickbooks $37.95 fee(s) until you have made approximately $815.00 in charged sales.
SUMMARY: CellCharge would be the better route to go until the dollar amount of credit card charges each month averaged over $820.00
Since I dont take credit cards yet, I am unsure how feasible having $820 per month put on plastic by customers really is (since cash and checks has been my staple). Since CellCharge has no contracts, CellCharge would be a good service to use to test the waters.
Have I thought this through correctly?
- Bob