top | item 45864297

(no title)

FormFollowsFunc | 3 months ago

It’s kind of how it should be. Otherwise people not paying by credit card are subsidising people who do. It might encourage the card companies to lower their fees.

discuss

order

amarcheschi|3 months ago

Managing cash itself though is other additional costs that aren't present when paying by card, having to bring it to bank periodically if you're doing that, ecc

stefanfisk|3 months ago

For a small shop that is work you can do yourself VS work you are forced to pay someone else to do.

barbazoo|3 months ago

There is debit cards in many countries with marginal fees. As it is now those savings aren’t passed on to me I still do it for local shops.

lozenge|3 months ago

It's still a form of rent seeking. They charge 2% because nobody else has the capability to create an alternative. It's preferable for a government to reduce rent seeking as it makes the economy more productive, eg by limiting the fee.

ulfw|3 months ago

It hasn't though and no it's not how it should be. Any kind of payment comes with a fee. Yes even counting cash at a bank isn't free. Paying a security firm to come pick up cash regularly isn't free.

immibis|3 months ago

And the hotel has accounted for this in their price. Apparently they find it 1-2% cheaper. It's only unfair if they only accept credit cards, and still add a hidden fee.