Forum Discussion
DomHalifax
2 months agoContributor 2
We have over 700 residential snow removal customers so chasing down payments can be a problem.
Credit cards. Great for simplifying payments but the fees can add up to thousands of dollars per month. Many costumers choose checks to avoid us passing on the fees to them.
E-transfer. No fee and funds are instantly available, but too much relying on the customer being reliable. We still get etransfers from customers that weβve trained to be reliable.
Cash. Too hard to collect and keep track of.
Post dated checks: I can deposit 100 checks at a time at the drive through ATM. I read them all out to the VAs in a WhatsApp audio and it takes them an hour or two to mark them complete. That saves $500 per month in credit card fees.
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