MacN'Cheezus@lemmy.today to Microblog Memes@lemmy.worldEnglish · edit-25 days agoWell butter my butt and call me a biscuitlemmy.todayexternal-linkmessage-square130fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkWell butter my butt and call me a biscuitlemmy.todayMacN'Cheezus@lemmy.today to Microblog Memes@lemmy.worldEnglish · edit-25 days agomessage-square130fedilinkfile-text
minus-squareBMTea@lemmy.worldlinkfedilinkEnglisharrow-up0·5 days agoNo, we had a flat annual fee for usage. There was a fee for withdrawing cash but no making purchases.
minus-squarepiccolo@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 days agoCredit cards companies have a merchant fee, ussually around 2%.
minus-squareBMTea@lemmy.worldlinkfedilinkEnglisharrow-up0·5 days agoIt was illegal for vendors to charge a fee for card purchases, so if that was the case then they maybe just raised their prices.
minus-squarepiccolo@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 days agoIirc, surcharging is only illegal in 4 states. However, theres a loop hole in thise states, giving a discount on cash purchases arent considered a surcharge…
minus-squareMirthfulAlembic@lemmy.worldlinkfedilinkEnglisharrow-up0·5 days agoThe merchant is charged the fee, not you directly as the cardholder. It’s already figured into the price if they accept cards.
No, we had a flat annual fee for usage. There was a fee for withdrawing cash but no making purchases.
Credit cards companies have a merchant fee, ussually around 2%.
It was illegal for vendors to charge a fee for card purchases, so if that was the case then they maybe just raised their prices.
Iirc, surcharging is only illegal in 4 states. However, theres a loop hole in thise states, giving a discount on cash purchases arent considered a surcharge…
The merchant is charged the fee, not you directly as the cardholder. It’s already figured into the price if they accept cards.