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Sadly some vendors/stores don't even accept Debit/Credit here in the USA.
by kzisme 9y ago
Sadly some vendors/stores don't even accept Debit/Credit here in the USA.
- Splines 9y agoPersonally I find it rare - usually it's because of infrastructure (e.g., the farmer's stand doesn't have a credit terminal to process payments), or tax evasion (e.g., a restaurant gives you a discount for paying cash and it doesn't report that income).
- kzisme 9y agoI suppose it depends what you're buying. I've also had places who use Square tack on another 3% to cover their Credit Card fees each order as well :/
- jermaustin1 9y agoIn NYC it is pretty common for a mom & pop bodega to either not accept debit and credit, or have a ridiculous limit on it. The pizza place I used to eat lunch almost everyday was $25 minimum for cards. The bodega next to my office was $15 minimum. The bodega under my apartment had $5 minimum, but they usually waved it for me if I was over $3 and didn't have cash. Also, almost every Chinese restaurant or Ramen place had Cash Only signs.
- StudentStuff 9y agoA rewards credit card costs the business your shopping at 2%, or all the way up to 3.5% for certain cards. Then you get network fees (from Visa, Mastercard, etc) and another few cents and tenths of a percent tacked on by the businesses Payment Processor, and poof, there goes 3% of their income! Its no wonder so many businesses don't take credit cards or debit.