I'm more surprised that companies don't charge the 2-4% credit charge to the consumer.
They do charge it to the customer, it's wrapped up in the price of goods.
I'm more surprised that companies don't charge the 2-4% credit charge to the consumer.
It's kind of crappy on your part to try to pay for a "diet cake" with a credit card. The CC companies charge merchants 2.5%-4% with a minimum transaction charge. As far as teh upcharge, would you feel better if a store offered a discount to cash customers?
We're hoping to open our retail location soon (remodeling currently) and have been debating the ins and outs of accepting cash. As a consumer would it affect your decision to shop somewhere knowing they didn't accept cash?
Thanks!
sounds like you were trying to put coins in the slots at night trips when they just prefer bills in the G string LOLThere's a very popular night spot in Tulsa that I quit going to because they wouldn't let me pay for a beer in quarters. Which was incredibly stupid, I thought, doubly so considering I had two hundred bucks in my pocket and every intention of spending it there that night (A very special occasion with friends). Ride had a pike pass, and I had a pocket full of quarters. So why not, right? Well once I was informed that coin was not an acceptable form of payment, I've never been back.
Legal tender is legal tender. If you're too good to take my money, whether I pay with a sock full of nickels or a credit card with a $10k limit, then I take my business elsewhere. That's how I look at it, anyway.
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