SLS Non-cash payment

[Euqorab]

I believed he is correct to mentioned $1mil revenue or turnover before cost of sales, profit is used to calculated after cost of sales.

Yes correct
I was correcting the user above who sayed is profit

Thanks you YK

 

[Euqorab]

This is a longstanding practice and it exists cos they're not big enough to strike a bargain with the credit companies to either waive or reduce the charge or have large enough turnover or profit margin to absorb the credit charge... it used to be free using NETS to pay but now there's also that 1% charge... so I use cash... cos I'm not a fan of PayNow or Paylah cos of the direct link to one's bank account... best would be to have a general e-wallet like the Touch & Go App that Malaysia has which can be topped up By credit card... you get credit card points, merchant doesn't have to pay credit fees and everyone goes home happy...

Here we pwn each other
E payment enablers take commissions
I reckon should be less than 0.1 percent then is good

 

[Ark Law]

Im surprise the practice is still prevalent this day and age
But however no complain because good deals there

Because the cheaper stores don't build-in additional margin to take card payments. Want lowest price, pay using cash/PayNow. Want card rewards, fork out the 3% yourself.

 

[Euqorab]

Because the cheaper stores don't build-in additional margin to take card payments. Want lowest price, pay using cash/PayNow. Want card rewards, fork out the 3% yourself.

All ready sayed no complain in my previous post you quoted

thanks sharing the picture

 

[darkmatt]

Because the cheaper stores don't build-in additional margin to take card payments. Want lowest price, pay using cash/PayNow. Want card rewards, fork out the 3% yourself.

damn. these prices are steep

 

[Teo Ming Ern]

Because the cheaper stores don't build-in additional margin to take card payments. Want lowest price, pay using cash/PayNow. Want card rewards, fork out the 3% yourself.

Wow... if volume is high and margins are low, can be quite a hefty price to pay for the merchants..

 

[froztheart]

Because the cheaper stores don't build-in additional margin to take card payments. Want lowest price, pay using cash/PayNow. Want card rewards, fork out the 3% yourself.

Thus our adoption of e-payment is slow.. exorbitant prices.

 

[KYZT2021]

where da razer e payment?