I was clearing out my office the other day, and ran into some of the equipment that I originally used when I first opened my business. I found an epson receipt printer, and a credit card machine. I thought about getting rid of them because for the most part I don’t take credit cards. This is because of the fees that are involved. Not only was I paying to take cards, but I was also in a contract just to be able to take cards. Those fees where the biggest reason that I dropped all credit card access. The machine probably cost me in excess of $1000. Now when a customer insists on paying by credit card I refer them to Paypal.
I don’t have a contract, and I do not have to have any transactions to keep my account. I went to get rid of them, and found the paperwork that was with them. I found that I was supposed to return them when I dropped my contract. I contacted them, and sent them back. Don’t understand why, as credit card machines are basically disposable.