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1.75% limited of time offer makes me want to vomit. The one thing I like about Square is at least they're not like other CC processors that make the careers HID

1.75% limited of time offer makes me want to vomit. The one thing I like about Square is at least they're not like other CC processors that make the careers HIDING fees from their merchants. Now Amazon is coming out the gate doing this. Many of us are fighting these fees online - even the CC processors like Stripe are at least straightforward with their fees even if they're forced to make them higher than they'd like - but it looks like for in person swipes we're stuck with the status quo.

twistedpair 12y ago
> 1.75% limited of time offer makes me want to vomit. So Amzn should offer a lower rate, free perhaps? Or are they hiding fees somewhere else? Please you explain your aversion more.
- tomasien 12y ago
  It's temporary - they're making it seem like it's lower than it is. They're going to lock people in and then jack up the rate - it's classic CC processing trick and it's BULLSHIT. Even if the real price is written somewhere, it's still horseshit.
  - rvn1045 12y ago
    Can you name a significant number of instances where Amazon has not lowered prices over a medium to long term period? Amazon has consistently made things inexpensive for the consumer. Sometimes even taking losses to ensure that customers get a lower price.
    - tomasien 12y ago
      This is my point - y'all aren't even reading what Amazon is saying! They're LITERALLY going to raise the price to 2.5% - it's on the page! It's actually spelled out "we are going to raise our prices".
  - badusername 12y ago
    You are locked in at the rate if you get in before Jan 2016. I don't see anything wrong with that. It's promotional marketing to catch up to other players.
    - tomasien 12y ago
      That's a legitimate opinion - but it's how the game has been played for in the CC world for a while. There's huge lock in to these providers and they know they'll get'm for years at a higher rate, and the merchants won't really be able to do much about it. It sucks.

twistedpair 12y ago

> 1.75% limited of time offer makes me want to vomit. So Amzn should offer a lower rate, free perhaps? Or are they hiding fees somewhere else? Please you explain your aversion more.

tomasien 12y ago
It's temporary - they're making it seem like it's lower than it is. They're going to lock people in and then jack up the rate - it's classic CC processing trick and it's BULLSHIT. Even if the real price is written somewhere, it's still horseshit.
- rvn1045 12y ago
  Can you name a significant number of instances where Amazon has not lowered prices over a medium to long term period? Amazon has consistently made things inexpensive for the consumer. Sometimes even taking losses to ensure that customers get a lower price.
  - tomasien 12y ago
    This is my point - y'all aren't even reading what Amazon is saying! They're LITERALLY going to raise the price to 2.5% - it's on the page! It's actually spelled out "we are going to raise our prices".
- badusername 12y ago
  You are locked in at the rate if you get in before Jan 2016. I don't see anything wrong with that. It's promotional marketing to catch up to other players.
  - tomasien 12y ago
    That's a legitimate opinion - but it's how the game has been played for in the CC world for a while. There's huge lock in to these providers and they know they'll get'm for years at a higher rate, and the merchants won't really be able to do much about it. It sucks.