Current Events > Hot Take: if your small business does not accept debit cards

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Lord_Shadow
11/23/20 3:11:27 AM
#1:


It deserves to fail

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YugiNoob
11/23/20 3:21:10 AM
#2:


Or if you illegally set a minimum payment for people to use debit cards then your business deserves to fail >:(

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Aki_Sora
11/23/20 3:22:16 AM
#3:


Agreed

The same with google pay and Apple pay if your business doesn't accept those
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apolloooo
11/23/20 3:23:20 AM
#4:


i have a small business and any bank would be happy to provide you with EDC machine with almost no extra cost.

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vigorm0rtis
11/23/20 3:24:30 AM
#5:


I run a small business. No cards. Everything goes in an escrow account.

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Corrupt_Power
11/23/20 3:25:40 AM
#6:


I've never heard of people not taking debit cards, at least in small retail business settings. B2B is a bit different, though.
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TheMikh
11/23/20 3:26:46 AM
#7:


Corrupt_Power posted...
I've never heard of people not taking debit cards, at least in small retail business settings. B2B is a bit different, though.

there are a handful of cash-only bars and restaurants in the city

i wonder if they're running a swindle scheme with atm companies that charge high fees

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Corrupt_Power
11/23/20 3:29:05 AM
#8:


TheMikh posted...
Corrupt_Power posted...
I've never heard of people not taking debit cards, at least in small retail business settings. B2B is a bit different, though.

there are a handful of cash-only bars and restaurants in the city

i wonder if they're running a swindle scheme with atm companies that charge high fees

Ah. I pretty much never go to bars.
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MrToothHasYou
11/23/20 3:30:37 AM
#9:


Them transaction fees are a killer

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vigorm0rtis
11/23/20 3:31:14 AM
#10:


TheMikh posted...
there are a handful of cash-only bars and restaurants in the city

i wonder if they're running a swindle scheme with atm companies that charge high fees

You'd be shocked out uptight some small business owners get about their margins. I ran a shop for a guy who wouldn't care an entire line of product because he didn't like his profit margin, despite the fact that I'd doubled his store's profitability selling it.

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IfGodCouldDie
11/23/20 3:31:29 AM
#11:


TheMikh posted...
there are a handful of cash-only bars and restaurants in the city

i wonder if they're running a swindle scheme with atm companies that charge high fees
I used to work at a bar, we stocked our own atm and had outrageous fees for withdrawal on it.

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