Hey there, fellow small business owner. We both know the struggle of battling those credit and debit card fees. Who wants to dish out extra cash? It’s like adding insult to injury, right? But hey, running a business isn’t all rainbows and unicorns. Let’s keep fighting the good fight.
Don’t worry, there are clever ways to outfox those fees and stash more moolah in your wallet. And no, we’re not suggesting you borrow from the mob – that’s just begging for a whole new set of problems. Jokes aside, here are some ways to save on EFTPOS fees.
Master the Art of Negotiation
First things first, it’s time to unleash your inner negotiator. Play hardball with your provider and demand lower fees or better rates. After all, they’re already making a pretty penny off of you.
Don’t Settle for the First Fish in the Sea
Don’t be tempted to settle for the first provider that comes your way. Shop around and compare different EFTPOS options like a pro. If their fees don’t match your vibes, you’re free to venture into different avenues. Just remember, you wield the ultimate power in this realm of decision-making.
Flat-Rate Pricing to the Rescue
Flat-rate pricing is an always welcome family member to the party for small businesses. It offers a fixed fee for every transaction, regardless of the card type or amount. No surprises, no stress – just a steady budget.
Zero-Cost EFTPOS Systems? Yes, Please
Some providers offer zero-cost EFTPOS systems that take advantage of the Australian culture of surcharging customers. You can add a small surcharge to each transaction to cover the EFTPOS fees. Don’t hide the surcharge, be as transparent as a freshly cleaned window. Look out for EFTPOS machines that work in this way.
Set Some Ground Rules
Dealing with a swarm of tiny transactions? Ouch. Avoid those pesky fees by setting a minimum transaction amount. Generally, your customers won’t bat an eye, as long as it’s a fair deal. Of course, you’ll need to make sure your products and services are worth the money.
Go Contactless and Save
Contactless payments: not just convenient for customers, but also a money-saver for businesses. They speed up checkout and keep those lines moving like a boss.
Keep an Eye on Those Statements
Don’t blindly pay your EFTPOS fees without checking your monthly statements. Unleash your inner Sherlock and stay one step ahead to avoid getting ripped off. And if you catch any fishy business, don’t hesitate to give them a call.
Switch It Up
When it comes to your business, the power to choose is in your hands. If your current EFTPOS provider is dropping the ball, it’s time to make a swift and savvy change. Don’t wait, upgrade your game. You deserve a partner who brings joy and keeps those pesky fees in check. Time to swipe left on dissatisfaction.
Fees may be annoying, but they don’t have to be the boss of your profits. With these savvy strategies, you can outwit those EFTPOS fees and keep more dough in your pocket. Who knows, you might even save up for that dream trip to the Maldives you’ve been eyeing.
