2 ms·
You can say there are options in a credit card enabled business . What You cannot do is make cash transfer cheaper by offering to reducing the price by the cut
by manquer 6y ago
You can say there are options in a credit card enabled business . What You cannot do is make cash transfer cheaper by offering to reducing the price by the cut you pay the provider.
It is not a lock-in at all, and it also not strictly enforced or enforceable even , plenty of times I have given cash when a vendor offered me a 2 % discount on a large purchase where the extra hassle was worth it .
- thephyber 6y ago> it also not strictly enforced or enforceable even Your assertion seems to be that just because you got away with it that it's "not enforceable". I would argue that just because it's a clause in a merchant contract (a very important contract for a small business), it's a significant threat.
- manquer 6y agoI meant enforceable legally depending on the jurisdiction not practically. The comparison is not the same at all, No merchant gateway is blocking cash transactions just forbid different pricing. This is miles away from what Apple can do. A payment g/w can only at best stop payment processing as it happened wikileaks or more recently with SciHub. Apple can kick you off the market effectively by blocking access to app store . Either the app store should be treated like a utility given its monopolistic nature or not be allowed to push their second service (payment g/w, lots of competition) because they have control over first one App store (no competition), in another era this would be classic anti-trust .