My fiance owns a small business and is counting the days until he can take credit cards. Yes, you are making the government aware of your income (thus you have to pay taxes on it) and yes, the credit card company takes your fee. However, there is HUGE benefit for a small business.
My fiance owns a small business and is counting the days until he can take credit cards. Yes, you are making the government aware of your income (thus you have to pay taxes on it) and yes, the credit card company takes your fee. However, there is HUGE benefit for a small business.
The original post mentioned credit cards, NOT debit cards; that said, I have never used a debit card at any place other than an ATM, so I was not familiar with other fees that could be charged. The link below explains the fees you refer to and is another reason NOT to use a debit card for anything other than getting cash.
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