Vantiv/WorldPay, check your statements

Discussion in 'The Think Tank' started by Steve, Dec 10, 2018.

  1. December

    December Active Member

    Joined:
    Apr 20, 2013
    Messages:
    490
    Likes Received:
    161
    Came in at 2.27% today.

    Side note: a guy came in offering that program where the customers pay the fee.
    He said others are doing it in the area, I called one of the stores he mentioned. Its true they are using the program. I still dont feel comfortable with doing that yet
     
    Mondo likes this.
  2. Steve

    Steve Active Member

    Joined:
    Oct 25, 2014
    Messages:
    644
    Likes Received:
    147
    Completely different business but I'm about to have a new fence installed. 3% fee for using a credit card. Not sure why it can be a standard practice for contractors but for our industry makes us look greedy

    Sent from my Pixel 2 using Tapatalk
     
  3. Steve P.

    Steve P. New Member

    Joined:
    Jan 28, 2016
    Messages:
    23
    Likes Received:
    5
    Location:
    Wisconsin
    Be careful with those “customers pay” options. There are very specific requirements for how it has to appear on both customer receipts and credit cards receipts.
     
  4. HPSC

    HPSC New Member

    Joined:
    Apr 23, 2019
    Messages:
    4
    Likes Received:
    0
    Location:
    SC
    Hi December

    Do you remember the name of his company/program?

    Thanks!
     
  5. bodegahwy

    bodegahwy Well-Known Member

    Joined:
    Jun 16, 2007
    Messages:
    4,188
    Likes Received:
    864
    Location:
    Colorado Ski Town
    Depending on the state it is illegal for the contractors too. Not to say they don't do it but anyone required to pay it could challenge it and get the money back and probably have the contractor loose their processing agreement.