4 ms·
Just you wait until lots of places wise up to whole thing and start ambushing you with “btw, we have a 2.xx+% surcharge for credit card tx” at the register. Hap
by hypothesis 3y ago
Just you wait until lots of places wise up to whole thing and start ambushing you with “btw, we have a 2.xx+% surcharge for credit card tx” at the register. Happens quite a lot lately…
- toomuchtodo 3y agoThis is good. It pushes people to use cash, debit, or soon, FedNow instant payments.
- janalsncm 3y agoIt happens, but mainly in places like gas stations. And payment processors (Visa, MasterCard) don’t allow businesses to charge different prices to different cards.
- ffpip 3y ago> don’t allow businesses to charge different prices to different cards. That changed a few weeks ago "Both card networks also agreed to cap rates for five years and remove anti-steering provisions. Merchants will have more discretion to offer discounts, or impose surcharges on cards with higher interchange fees." https://www.reuters.com/business/finance/mastercard-visa-reach-30-bln-settlement-over-credit-card-fees-2024-03-26/ https://www.reuters.com/business/finance/mastercard-visa-rea...