Cake Central › Cake Forums › Cake Talk › Cake Decorating Business › Accepting payments for Cakes
New Posts  All Forums:Forum Nav:

Accepting payments for Cakes

post #1 of 26
Thread Starter 

How do you guys currently accept payments for cakes? 

 

Has anyone used "Square" or "Paypal" card readers to accept payments?

post #2 of 26

I have square and paypal payments and use both. I love the square reader, it's very convenient. I took a payment through it yesterday using my phone.

post #3 of 26
Convenient, but pricey. Be sure you compare all your options using the amount of income you expect to make. That will determine whether you want to bother with something like the square.
post #4 of 26
We accepted cash and checks only. If I still had a business I would accept credit cards with Square and charge the additional fees to the customer (it is now legal to do this). I try to stay as far away from PayPal as possible.
post #5 of 26

he user name "GetCakePro" should be a tip... :D  SPAM

post #6 of 26
How is this spam?
post #7 of 26

I love Square and it is not pricey at all.  reverse the charge to the customer.

Answers to the most often asked questions re: SPS. SPS instructions are on Page 15 of the Sticky at the top of the Cake Decorating Forum. Supplies can be ordered from Oasis Supply, Global or BakeryCrafts.
Reply
Answers to the most often asked questions re: SPS. SPS instructions are on Page 15 of the Sticky at the top of the Cake Decorating Forum. Supplies can be ordered from Oasis Supply, Global or BakeryCrafts.
Reply
post #8 of 26

The other post the OP has written was about designing some kind of cake software, so I assume that the question about payments is part of that overall process. I wouldn't call it spam until it starts to have lots of links to sell said software.:roll:

post #9 of 26
Last I heard, charging the customer the fees was illegal but there were some changes in the works.
post #10 of 26

Jason, What kind of problems have you had with PayPal?

post #11 of 26
Quote:
Originally Posted by vgcea View Post

Last I heard, charging the customer the fees was illegal but there were some changes in the works.

There was a settlement earlier in the year allowing surcharges. It looks like there are still several states that ban the surcharges though.
http://usa.visa.com/personal/using_visa/checkout_fees/

It's easy enough to get around this by just increasing your prices across the board to cover credit card fees, and offering customers a cash discount. Or just pocketing the extra profit from cash customers.
post #12 of 26
Quote:
Originally Posted by Carrie789 View Post

Jason, What kind of problems have you had with PayPal?

I haven't had any problems myself (since I limit my use of PayPal and be sure to keep a zero balance with no links to bank accounts) but I've heard several stories where PayPal customers have had their entire accounts frozen due to a single customer dispute. Since PayPal is not a real bank they don't have to follow the same rules banks do.

Accepting PayPal also gives customers two options for disputing a payment: they can dispute directly with PayPal, and if that doesn't work they can dispute with their credit card company.
post #13 of 26

I mean it's pricey compared to what I pay with my merchant services company. My prices already do reflect the charges, because after quoting a $500 price for a cake, I'm not going to say, oh and by the way, that will be $14 extra for running your card. (that's based on 2.75% -- not sure what the square charges these days).

post #14 of 26
Quote:
Originally Posted by howsweet View Post

I mean it's pricey compared to what I pay with my merchant services company. My prices already do reflect the charges, because after quoting a $500 price for a cake, I'm not going to say, oh and by the way, that will be $14 extra for running your card. (that's based on 2.75% -- not sure what the square charges these days).

Square also charges 2.75% for swipe and online transactions. Manually entered transactions are 3.5% + 15c due to higher fraud potential.

https://squareup.com/pricing
post #15 of 26
Quote:
Originally Posted by jason_kraft View Post


Square also charges 2.75% for swipe and online transactions. Manually entered transactions are 3.5% + 15c due to higher fraud potential.

https://squareup.com/pricing


Sorry, I wasn't clear -- when I said 2.75% I was referring to the square.  I pay about 1.5 %.  In my business, I never swipe a card -- all my transactions are manually entered, so the square is quite a bit more than what I pay.

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Cake Decorating Business
Cake Central › Cake Forums › Cake Talk › Cake Decorating Business › Accepting payments for Cakes