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Considering how much of a rip off they already are on the financial system. Simple rent seeking at 23% interest, 20% + 3% processing. There should be legislatio
by devoply 8y ago
Considering how much of a rip off they already are on the financial system. Simple rent seeking at 23% interest, 20% + 3% processing. There should be legislation to combat this shit.
- WrtCdEvrydy 8y agoIf you struck down the rules about providing different prices based on payment type and did a 10% discount by paying in cash, you'd be surprised how quickly things would change.
- bsbechtel 8y agoPretty sure the 20% interest goes to the bank and the 3% fee goes to the processor. They’re not the same entity.
- chrisseaton 8y agoDoes the card processor get any of the interest? I don't think the system works like that.