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Why should they be forced to subsidize your credit card fees? Do you understand that they are barely surviving living in a high cost area such as San Francisco
by kucin 15y ago
Why should they be forced to subsidize your credit card fees? Do you understand that they are barely surviving living in a high cost area such as San Francisco? The city shouldn't be a place where only the rich tech billionaires can live. They're forced to save costs anyway they can because of the large income gap that they're suffering. Capitalism has stolen from the poor and elevated the rich. It's classic 21st century colonialism.
- mixmastamyk 15y agoWhy not just add another ~5% if paying by card? Solution seems easy enough.
- Vivtek 15y agoGenerally the card issuer doesn't like that, because they don't really want cardholders to be aware of the cost of using cards.
- BrandonM 15y agoThis is correct. One loophole is to have the displayed price be the +5% one, and then give a (possibly advertised) cash discount.
- vacri 15y agoThat's how it used to be here in Aus, but they finally fixed the law to give vendors the right to charge a surcharge for cards. Most vendors only do 2-3% (around the actual chard, though Amex is higher) but there are a few bad apples who go a bit higher.
- kingkilr 15y agoI'm pretty sure most of the cards agreements actually forbid you from passing on their charges to the consumer.
- Vivtek 15y agoI was going to say that, but then I realized that gas stations do it (generally for diesel prices) and that I don't actually know.
- tptacek 15y agoTaxi cab fares in Chicago (and I believe NYC and SF) are set by the city. Cab drivers can't vary them to account for card payments.