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-   -   Looking for Biz Owner w/ CC processing (https://www.flyertalk.com/forum/milesbuzz/1237516-looking-biz-owner-w-cc-processing.html)

DavidAL Jul 15, 2011 11:42 pm
Looking for Biz Owner w/ CC processing
 
If you own your Biz, and you have a decent amount of CC processing from customers (more than $50K a month), please PM me. I have a question about some ideas.

Edit: I'm not going to use your biz. I have my own biz with CC processing but curious if anyone has tried my ideas.

AlexSTC Jul 16, 2011 10:04 am
What are you looking to do? What type of business is it that you have?

DavidAL Jul 16, 2011 11:29 am
PM me if interested. It's a service industry, so lots of CC transactions every month. As much in fees I pay for processing other peoples cards, I wish I could earn tons of miles. Unfortunately it doesn't work that way, that I know of. If anyone has ideas, or is in the same boat as me, PM me.

AlohaDaveKennedy Jul 16, 2011 11:38 am
Since there are 5% cashback cards, one might assume that the yield could exceed the vendor transaction cost. But might have to be transactions in the right industry.

Originally Posted by DavidAL (Post 16739094)
PM me if interested. It's a service industry, so lots of CC transactions every month. As much in fees I pay for processing other peoples cards, I wish I could earn tons of miles. Unfortunately it doesn't work that way, that I know of. If anyone has ideas, or is in the same boat as me, PM me.

DavidAL Jul 16, 2011 11:45 am
Originally Posted by AlohaDaveKennedy (Post 16739143)
Since there are 5% cashback cards, one might assume that the yield could exceed the vendor transaction cost. But might have to be transactions in the right industry.
Yes, but I think most of those cashback cards put a cap on max amount per year, like $1K per year in cashback or something like that. Not worth the hassle if that's it. Haven't thought about it in that direction, but worth looking into it.

emeraldtx Jul 18, 2011 8:44 am
Originally Posted by DavidAL (Post 16739180)
Yes, but I think most of those cashback cards put a cap on max amount per year, like $1K per year in cashback or something like that. Not worth the hassle if that's it. Haven't thought about it in that direction, but worth looking into it.
Not to mention it would be a direct violation of the T&C in your merchant agreement.


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