[consulting] How to send/receive money
Andrew Cohill
cohill at designnine.com
Mon Apr 9 22:30:45 UTC 2007
On Apr 9, 2007, at 1:19 PM, Evan Leibovitch wrote:
> Karoly Negyesi wrote:
> 1) Get a merchant credit card account
> 2) Set up ecommerce or übercart for yourself and let clients pay their
> bills online
In the U.S., a merchant credit card account can cost as little as $10
USD per month, plus transactions charges, or $120USD per year. If
you are billing thousands of dollars of work, the cost is not so
bad. But the transaction fee for low volume (like a consultant) can
be 4%, which is a lot, but you can simply adjust your fees.
From the client side, paying by credit card is predictable and easy,
unlike wire transfers.
Andrew
-------------------------------------------------
Andrew Michael Cohill, Ph.D.
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