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+--- Thread: Some shops still don't accept PayLah! (/Thread-Some-shops-still-don-t-accept-PayLah)
Some shops still don't accept PayLah! - sgbuffett - 28-01-2024
It's like we almost become cashless but some shops insist on cash payment.
Wonder why they just refuse to accept PayNow.
RE: Some shops still don't accept PayLah! - WhatDoYouThink! - 28-01-2024
Garment cannot track yr business income
RE: Some shops still don't accept PayLah! - Levin - 28-01-2024
Maybe because of merchant fees.
https://www.dbs.com.sg/iwov-resources/forms/sgsme/en/day-to-day/accounts/business-account/merchant-services-pricing.pdf
RE: Some shops still don't accept PayLah! - sgbuffett - 28-01-2024
(28-01-2024, 10:39 AM)Levin Wrote: Maybe because of merchant fees.
https://www.dbs.com.sg/iwov-resources/forms/sgsme/en/day-to-day/accounts/business-account/merchant-services-pricing.pdf
Wow 2% tax on the merchant.
Seems excessive.
RE: Some shops still don't accept PayLah! - sgh - 28-01-2024
(28-01-2024, 10:44 AM)sgbuffett Wrote: Wow 2% tax on the merchant.
Seems excessive.
Merchant can just up their price to compensate the loss.
RE: Some shops still don't accept PayLah! - talky - 28-01-2024
(28-01-2024, 10:44 AM)sgbuffett Wrote: Wow 2% tax on the merchant.
Seems excessive.
then how much does alipay n other forms of cashless payment system charging the merchants in china ?
RE: Some shops still don't accept PayLah! - sgh - 28-01-2024
I think 2% is not a lot. Read article Visa Masters can go to 5% and Amex even more. Nets seem most merchant friendly at I think 0.3% This is why some merchants will say cash and Nets only.