Fixed Asset Management
Fixed Asset Management
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Overcoming Credit Card Purchase Minimums
Click Here For More Specific Information On: Quickbooks Online Fixed Asset Manager Quickbooks Online Fixed Asset Management Submitted by: Ben Dwyer The Merchant’s Standpoint: It’s an all too common headache for customers: They attempt to pay for a small purchase with a credit card, only to be informed that cards are only accepted for amounts over a certain minimum. Merchants who impose minimums aren’t purposely causing customers headaches, however, and there’s an understandable reason for these purchase restrictions: the merchant can actually lose money on smaller purchases when the processing fees are larger than their profit on the sale. While a minimum purchase price is perfectly logical from a merchant’s…