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CHRIS ELLIS · 08-12-2009, 09:22 AM

What brand of pos do you have. That function should be able to be turned off and on..not a big deal on programming.

wether that is legal or not..I know it is done here in Florida you will need to check your state laws.

The idea behind it is that the percentage being collected by the Credit Card companies is a cost of doing business for you. For each dollar that you batch out every night you are only getting back 96 cents. That being said your REAL actual daily sales will minus that 4% on your Credit Card revenue stream. One way to approach it is for both the server and the company to share that burden..i.e. in your case 2% for each of you.

08-12-2009, 09:22 AM	#2 (permalink)
CHRIS ELLIS Junior Member Join Date: Aug 2009 Posts: 8 User Status: Offline	Credit Card Tips Help What brand of pos do you have. That function should be able to be turned off and on..not a big deal on programming. wether that is legal or not..I know it is done here in Florida you will need to check your state laws. The idea behind it is that the percentage being collected by the Credit Card companies is a cost of doing business for you. For each dollar that you batch out every night you are only getting back 96 cents. That being said your REAL actual daily sales will minus that 4% on your Credit Card revenue stream. One way to approach it is for both the server and the company to share that burden..i.e. in your case 2% for each of you.