Accepting Credit Cards
Found in: Fees Rates & Cost, Studio Policies
Kerry V., Australia
Do any of you use the Credit Cards facilities when charging students?
Diana A., Australia
I have EFTPOS facilities. I have a machine that I rent from the bank. I used to have a manual machine but I LOVE the electronic one. I take payments, it tells me immediately if their card is accepted or not. At the end of the day it is deposited into my bank account. I am on a really good rate. I was really fortunate to strike that rate.
I know a lot of stores add a fee on top of the price of things to cover the cost. We have chosen to absorb it. It is hard to get to the bank, and this way I don’t have a lot of money on the premises. We also have the facility so that people can ring and do it over the phone. That’s great for people who conveniently leave their check books at home on payment day. We just call and ask them which credit card they wish to put the payment on.