A common loophole for that (because the credit card companies themselves demand no fees for using a credit card) is to offer a discount for cash/debit. So everything is priced with the CC fee built in, but they take it off the price when you don’t use a CC.
Though I have the most respect for the places willing to say “nah, we won’t take CC at all”.
fyi I live in one of those places and giving “discounts for cash” is illegal (It does happen anyway) and “nah, we won’t take CC at all” is also illegal… so yeah…
The first one I can kinda understand (though in a “yeah, corruption” kinda way, not a “great idea”), but the second one sounds more like an outright racket because there’s fees and shit involved in just being able to process CC payments.
I’m curious about where, though understand if you’d rather not share.
A common loophole for that (because the credit card companies themselves demand no fees for using a credit card) is to offer a discount for cash/debit. So everything is priced with the CC fee built in, but they take it off the price when you don’t use a CC.
Though I have the most respect for the places willing to say “nah, we won’t take CC at all”.
fyi I live in one of those places and giving “discounts for cash” is illegal (It does happen anyway) and “nah, we won’t take CC at all” is also illegal… so yeah…
The first one I can kinda understand (though in a “yeah, corruption” kinda way, not a “great idea”), but the second one sounds more like an outright racket because there’s fees and shit involved in just being able to process CC payments.
I’m curious about where, though understand if you’d rather not share.