Just a general question i have about credit cards

Ok gentlemen if you could pay with credit cards would you do it? Just curious cause I got one that reads from our phone..you set it up with your own comany name etc...if you could use a credit card with a provider would you do it or stick to the old fashion method ? Just curious....Give me your feed back

Cash is King.

ok i just know a few people have asked for that option...so who knows when it may come in handy

Paper trail. Hell no!

just a question guys calm down...lol....we do get asked a lot but i also got one for my business so it only shows up 3 letters on a statement but i was just curious

You need to think about yourself first of all. You'll have to claim that money on your taxes, plus you'll need to tell whatever CC company you wish to do business with what line of work you're in. Must CC transaction companies are going to charge you a much higher rate. Which means you either eat that fee yourself or raise your rates to cover that fee.

You'll also have to worry about chargebacks. There's more chargebacks in the adult industry than any other. You'll have to make sure you have the guys DL info and signature.

I've been asked maybe twice if I take CCs. Its not worth the headache and I prefer no paper trail.

Cash is King. Originally Posted by Menthril

CIFF Cash in F***ing Fist

You need to think about yourself first of all. You'll have to claim that money on your taxes, plus you'll need to tell whatever CC company you wish to do business with what line of work you're in. Must CC transaction companies are going to charge you a much higher rate. Which means you either eat that fee yourself or raise your rates to cover that fee.

You'll also have to worry about chargebacks. There's more chargebacks in the adult industry than any other. You'll have to make sure you have the guys DL info and signature.

I've been asked maybe twice if I take CCs. Its not worth the headache and I prefer no paper trail. Originally Posted by MsElena

I UNDERSTANDALL THAT I HAVE A LEGIT TAX ID NUMBER LLC THE WHOLE NINE...I GOT THIS FOR MY OTHER BUSINESS BUT WAS JUST WONDERING WHAT THE FEEDBACK WAS ON IT..I KNOW I HAVE HAD A LOT OF REQUEST EVEN FROM REGULARS ABOUT IT....JUST GETTING FEEDBACK

No need to yell back at me geez.....lol

I was just letting you know what's all involved in case you didn't know. Just trying to help you out.

...I KNOW I HAVE HAD A LOT OF REQUEST EVEN FROM REGULARS ABOUT IT... Originally Posted by bustycici

^^^So what is the point of this blog then....you are getting requests from regular clients...then just deal with your regular clients.

sheesh...it's not rocket science...I wouldn't trust anyone unless they were a regular client.

Have a nice day!

^^^So what is the point of this blog then....you are getting requests from regular clients...then just deal with your regular clients.

sheesh...it's not rocket science...I wouldn't trust anyone unless they were a regular client.

Have a nice day! Originally Posted by LeilaniBebe

well miss thanks for your lovely input i was seeing how others felt about it if it was beneficial or not...but ty for your kind words

No need to yell back at me geez.....lol

I was just letting you know what's all involved in case you didn't know. Just trying to help you out. Originally Posted by MsElena

lol sorry hun caps were stuck on ..my bad still luv ya

Hey bustycici...I totally understand, you were just looking for some friendly feedback.

And I'm sure you would be totally honest and upfront in handling your credit charges...so please don't take this the wrong way. However, perhaps I'm just old school but.....

Cash = good .............................. ...........credit cards & checks = bad for all parties involved.

But good luck with whatever you decide

Ok gentlemen if you could pay with credit cards would you do it? Just curious cause I got one that reads from our phone..you set it up with your own comany name etc...if you could use a credit card with a provider would you do it or stick to the old fashion method ? Just curious....Give me your feed back Originally Posted by bustycici

Oh yea,
get the service
Claim that you didn't provide the service promised
Dispute the charge.
What you you going to do, claim you provided an illegal service?

By the way: illegal. Is that a sick bird?

JR

PS

I know that this is not funny to the girls. Not getting paid is not a joke. But the situation would cause me to say: why would you accept a credit card?

You need to think about yourself first of all. You'll have to claim that money on your taxes...................... Originally Posted by MsElena

Gee,

I thought all you girls kept accounting entries for every transaction, all of your expenses related to the business, etc.

You have to have the accounting right to satisfy the IRS.

There once was an nice place called Sunny's in Springfield, MO that did not turn in the proper tax returns and withholding payments for the girls. IRS took over the property. I never did learn where everyone went after that happened.

The largest single reason that most US businesses fail is because they get crosswise with the IRS over employee withholding and employer wage contributions. Credit card receipts are used to estimate the total income of many businesses.

JR