Looking for Biz Owner w/ CC processing
Jul 15, 2011 | 11:42 pm
#1
Original Poster
Join Date: Jun 2011
Location: AL
Programs: All of the Above
Posts: 1,374
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.
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.
Last edited by DavidAL; Jul 16, 2011 at 12:48 am
Jul 16, 2011 | 11:29 am
#3
Original Poster
Join Date: Jun 2011
Location: AL
Programs: All of the Above
Posts: 1,374
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.
Jul 16, 2011 | 11:38 am
#4
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
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.
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.
Jul 16, 2011 | 11:45 am
#5
Original Poster
Join Date: Jun 2011
Location: AL
Programs: All of the Above
Posts: 1,374
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.
Jul 18, 2011 | 8:44 am
#6
Join Date: Mar 2010
Location: Texas
Posts: 229
Not to mention it would be a direct violation of the T&C in your merchant agreement.