Re: Credit Card Fees

From: Stuart B. Warner (swarner@wnec.edu)
Date: Thu Jan 30 2003 - 11:27:22 EST

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    We are stopping accepting credit cards due to the close to $200,000 in
    fees we have to pay. We got very little bad response from our
    traditional, full-time students. Transient, part-time students are
    having a tougher time. Even so, we think we have come out way ahead.
    We are currently investigating what it means to use a third party
    processor via phone or weblink to accept cards. That way we get the
    benefit, and the processor gets to charge their fee for the service and
    cover the credit card fee. We don't have a lot of information, yet, on
    how much a stand alone processor charges the school. Any input would be
    appreciated.

    Stuart Warner



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