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Consumers pay the fees. Just not directly.
by dethink 15y ago
Consumers pay the fees. Just not directly.
- icebraining 15y agoCostumers don't pay fees for having a CC. They pay fees because CCs exist, regardless of whether they have one or not. Which means using Dwolla or a CC is irrelevant in that regard.
- breck 15y agoMany PoS merchants also now charge surcharges for using cards. (which I admit for a merchant only makes financial sense if you underreport cash on your taxes--otherwise it seems the costs of handling cash coupled with lack of reporting is drastically more than the interchange).