Big chains and franchises I don't give a shit, but local business I've been using almost exclusively cash. Same with tips, I may pay with a card, but I will tip in cash.
Boohoo, I'll miss my 1.5% rewards as my "cut" for them taking 3%+ transaction fee. I'll pay the extra 1.5% to make sure all my money actually goes to the business I'm supporting.
I think most businesses at this point include it in the price.
When they give you the "credit card processing fee", it usually implies that it's not built into the price by default, so you can opt out by paying cash. So it's actually giving you the option.
It could also just be corporate greed, can never tell these days. It's why I only give a shit about the local businesses or waitstaff, the big companies can suck my nuts.
It's still bullshit though. If the merchant doesn't want to pay the fee, they shouldn't take the card. The fee is between them and the payment processor for the convenience of using the card. That is the business cost of being convenient for the customer to use. I agree the transaction fees are probably too high in general, and that affects the price of everything. Even with that being the case, I think a lot of these businesses simply discovered they could double dip. They already baked the fees into the cost of the product for everyone + now get the credit card user to pay the fee anyway.
A company passing expenses onto the consumer? Say it ain't so!
Ya, I agree it's fucking stupid, which is another reason why I prefer cash these days lol. Personally, I think how the customer chooses to pay, as long as it's legal tender in the local currency, it shouldn't affect the price, but that's mostly just wishful thinking.
If you've every traded in Crypto, there's a lot more disparity in that regard.
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u/TheRealDrSarcasmo 4d ago
And the Visa stockholders thank you.