How often do you get asked to take a credit card?

Not me but be careful here. The amt. you get is reduced for the handling chg. PLUS your bank may chg to handle again.....AND it works just like a regular cc. The card holder CAN dispute chgs. in a disagreement AND the money CAN be removed from your account pending disposition.

On a small deal say under $750, no problem. You should be able to eat that and still make it but what if were talking $5,000? You picked up on the East coast and took it all the way West AND unloaded......... all that fuel, gone......all those miles......can you eat that?

And if your speaking of a large carrier and not yourself, they wouldn't do this.

JMO

 

Quite a few large corps are paying by CC. Not the same as yhe one you use. Fee's are 1-1.5%,paid on invoice,clear date in 15 days.

 

Well there you go Nick. I was repeating what my wife said ( she works in a bank ) figuring it to be correct but obviously she's wrong.

Trucking must have a special card.....she has processed many payments from warranty co's to repair shops ( on cc ) and they get locked up all the time in disputes.......Who knew.......

My bad !

 

It's a variation of US Banks B2B,paymode,and other electronic payment systems. It just allows a time limit to reverse the charge. I have three customers that pay this way.

 

CC's can be bad news no matter what kind. say a customer disputes a charge. Ok it can happen so they tie 5000 and say it will be 10 days to straighten out, now you have to answer the complaint and get it back to them in a timely manner so you do now your 8 days in and the cust wants to counter now your past 2 weeks and you have money you can't use or worse yet the customer wins. Not good had them in other businesses and will never do it again !

 

Your wife should know what a corporate P-card is. If not,it's a credit card without a physical card,just account#. If you only receive payments from small companys/brokers then you wouldn't know about those payment systems.

 

Your right! She should! I'll be sure to chastise her promptly!