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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.
by 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 agoHere 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.