| Comment | All the taxi dinosaurs moan about uber, but it’s their pre historic attitudes that have allowed Uber to slip in and take their work.
Moaning about cards, refusing fares because its not the kind of fare they want. Too short. Too long. Not long enough.
Their excuse of waiting days for their money or high fees for card acceptance is BS excuse too. Anybody on a salary waits between a week and a month for their wages. You can get card readers that pay out the following day and charge like 1.75%. Business bank accounts charge around 0.7% when paying in cash, so you are looking at £1 extra in fees on every £100 you make, but you make less trips to the bank, and reduce liability on fraudulent notes and theft.
Of course it’s nothing to do with fees or cash flow. It’s about having to declare the full amount of all card payments as revenue. |
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