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I don't think that "tax evasion" is a fair assessment. This isn't the full picture. Debit card transactions might only be a few cents. But you still have to
by rleigh 6y ago
I don't think that "tax evasion" is a fair assessment.
This isn't the full picture. Debit card transactions might only be a few cents. But you still have to pay a fixed cost for the machine and related bits. For some businesses, that cost might be too high to justify.
- lotsofpulp 6y agoI have hundreds of experiences with small merchants, and it’s definitely a fair assessment. With chip and pin (at least in the US), there is no risk of chargebacks and the money gets transferred in at most 2 days. Total cost of accepting debit cards is minuscule, unless your a kid running a lemonade stand.