Quote:
Originally Posted by blackmonsters
Most lower income businesses don't even process credit cards.
Of course people who live in wealthy areas have no clue about this.
This would limit business start ups to only those that can get a merchant account.
Do you even have a merchant account?
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I don't know of any businesses (even little thrift shops) who don't have the ability to take a debit card...and that's in any part of the city. Even the plumber comes with an app on his smart phone.
And yes, of course I have a merchant account. I've had merchant accounts since the 1990's when I was selling content discs with my content company.
Anyway, my point is that when you see people buying gasoline, or a soda at a store...or going to a restaurant (yes, even Mickey D's)...they usually pay with a card in some form.
I was joking at the grocery store the other day with the checkout lady. I paid in cash and we were laughing about how rare that is compared to the way it used to be.