Yeah so over here you would lose more from clients not doing business with you because your prefer checks than what it would cost to pay the fees, but I thought you meant transaction fees for the person paying, not for the business. Debit is much less expensive than credit too so some businesses just don’t accept credit (but it’s getting rare).
Mostly I do accept the digital payments. Very few, particularly since the pandemic, pay with checks. But it hurts a bit when its accounting time to pay those big fees. Its just profiteering because they can do it as a group of monopolists.
Yeah so over here you would lose more from clients not doing business with you because your prefer checks than what it would cost to pay the fees, but I thought you meant transaction fees for the person paying, not for the business. Debit is much less expensive than credit too so some businesses just don’t accept credit (but it’s getting rare).
Mostly I do accept the digital payments. Very few, particularly since the pandemic, pay with checks. But it hurts a bit when its accounting time to pay those big fees. Its just profiteering because they can do it as a group of monopolists.