4 ms·

(Canada) As far as I know there are no transaction fees on credit cards. That's one of the reasons to stop using debit and use credit. The only fees are on the

• SyneRyder 9y ago
  Similarly in Australia, the merchant usually pays the fee (although Australian stores now have the right to charge the fee if they wish. In practice, a handful of stores impose a partial surcharge only on AmEx & Diners cards). I try to use cards when I can because I earn Frequent Flyer points, something I wouldn't get using cash. I've already used those points once to fund a Round The World trip (strangely enough, including a trip to Germany).
• revelation 9y ago
  Right, merchants pay the transaction fees and then in turn charge you, maybe minus a bit for what they save on cash handling. There is no free lunch.
  • Raphmedia 9y ago
    Here it's illegal for merchants to add fees at checkout. That being said, yes, they might mark up their products for it. That being said, I doubt it. The retailers I've worked with while developing e-commerce solutions already made enough profits on their products to absorb that fee.