Loginname
Well-Known Member
What a fuss about nothing!
We set a £10 limit on cards at work and it doesn't cause a problem. Customers are politely told about the limit and usually they accept it as the norm (lots of companies do it). Occasionally people may ask why and we explain about the costs. They invariably comment about rip off banks!.
..but this isn't the main reason. We don't want to take cards for small amounts because in busy periods, if everyone wants to use a card for tin-pot amounts, then unnecessary queues build up. The other benefit is that people very often buy a bit more to make it up to £10.
In answer to the comment about cards being quicker than cash. It simply isn't true. Cash is a lot quicker. In busy periods the phone lines to the card companies frequently get overloaded and things slow down even more.
Cost of handling cards are also a little higher than listed above; there are some hidden costs to be taken into account.
We set a £10 limit on cards at work and it doesn't cause a problem. Customers are politely told about the limit and usually they accept it as the norm (lots of companies do it). Occasionally people may ask why and we explain about the costs. They invariably comment about rip off banks!.
..but this isn't the main reason. We don't want to take cards for small amounts because in busy periods, if everyone wants to use a card for tin-pot amounts, then unnecessary queues build up. The other benefit is that people very often buy a bit more to make it up to £10.
In answer to the comment about cards being quicker than cash. It simply isn't true. Cash is a lot quicker. In busy periods the phone lines to the card companies frequently get overloaded and things slow down even more.
Cost of handling cards are also a little higher than listed above; there are some hidden costs to be taken into account.