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Not to mention in Europe credit card fees are capped to 0.2% of transaction value. Americans at getting screwed with their "reward" cards.
by nly 4y ago
Not to mention in Europe credit card fees are capped to 0.2% of transaction value.
Americans at getting screwed with their "reward" cards.
- atlasunshrugged 4y agoI dunno, I'm skeptical that if merchants actually saved more money now they'd pass along those benefits to consumers. Maybe if we were at the beginning of the adoption of cards, but with those costs baked in I'd bet it'd just be pocketed as profit.
- wcfields 4y agoI noticed that abroad too that no one batted an eye at using a credit card for tiny transactions worth ~$2, but in the US an independent merchant would either have a $10 minimum or charge a ¢50 fee or both.