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In general all those perks are paid for by rather significant credit card processing fees, which you pay for yourself via increased product prices. The price i
by senttoschool 4y ago
In general all those perks are paid for by rather significant credit card processing fees, which you pay for yourself via increased product prices.
The price is the same whether you pay via BNPL or credit card.
I get that merchants get charged by credit card companies. I also know that I'm not going to make a difference by boycotting credit card companies. I'd just lose out.
Also, BNPL companies charge merchants the same way credit card companies do.
- goosedragons 4y agoYeah. Stores increase prices to account for the higher transaction fees required to support giving CC users 2-4% cashback. Frankly CC reward schemes should be banned. It's just another shitty way for the poor to subsidize the middle class.
- Existenceblinks 4y agoAnd punish normie who don't over spend because they have the same discipline without in-system credit.