I have had a haunted house the past 2 years. Cash only. I charged $7 admission. Prices in my area don't go much beyond $10-$12, maybe a $15 one somewhere. At what point does it become beneficial to accept credit cards? Whether in person or on your website? Does cash only increase your chances of an audit? Does the extra cost get outweighed by more customers? Would it help influence a person to come to my attraction rather than a cash only one? Or is it largely for image and convenience for your customers? I can also see where a large outfit would want to minimize the amount of cash on hand due to the risk involved. I had a few people say that they didn't know that I would not accept credit cards. I never told them that I did accept credit cards either. I may have heard from a local merchant account rep that they have a $.5 rate for low amounts. Meaning you get charged a nickle per transaction fee instead of like $.30 plus the going % rate.
Truth is not determined by the number of people who believe in it.
Truth is not determined by the number of people who believe in it.
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