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Merchants hate jacking up prices unless that jack-up puts money in their pockets. Jacking up prices drives away customers.
by bryanlarsen 3y ago
Merchants hate jacking up prices unless that jack-up puts money in their pockets. Jacking up prices drives away customers.
- missedthecue 3y agoNot if everyone has the same credit card fees.
- epylar 3y agoEven overall demand can go down if prices rise
- bmicraft 3y agoBut they don't, large vendors often negotiate their own contracts
- missedthecue 3y agoThey do this to increase their margins because otherwise... they eat the cost of interchange.