Credit and debit card fees need to be banned. At least below a certain amount on the purchase.

98166 · Aug 21, 2023

Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

BirdinHand · Aug 21, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

Your fight should be with the credit card companies, not the small businesses.

A small business can wind up paying a lot of money merely to be able to offer customer's the convenience of using a credit card.

Use cash when shopping at small businesses - avoid the fees - for both of you.

noonereal · Aug 21, 2023

Lol
I can see this post has no idea what it is talking about, how debate cards work.

Slavister · Aug 21, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language)

98166 said:
I should not have to pay 50 cents or even 75 because I used a debit or credit card.

Well then... don't use that store.

98166 said:
It seems to me that when they get payments in cash, it's a way for them to money launder.

It seems to you? Huh? They are laundering your 50 cents or the $5? Good God!

noonereal · Aug 21, 2023

BirdinHand said:
Your fight should be with the credit card companies, not the small businesses.

A small business can wind up paying a lot of money merely to be able to offer customer's the convenience of using a credit card.

Use cash when shopping at small businesses - avoid the fees - for both of you.

No one carries cash anymore.
Its silly too in fact.

The credit , debit card fees are simply built into the cost of the products for the most part.

BirdinHand · Aug 21, 2023

noonereal said:
No one carries cash anymore.
Its silly too in fact.

The credit , debit card fees are simply built into the cost of the products for the most part.

See, I always carry cash and I try to pay with cash as much as possible when shopping at small businesses, restaurants, etc. The fees charged to companies to offer credit cards are pretty steep. Especially for your small businesses.

I never really appreciated how much.

98166 · Aug 21, 2023

BirdinHand said:
Your fight should be with the credit card companies, not the small businesses.

A small business can wind up paying a lot of money merely to be able to offer customer's the convenience of using a credit card.

Use cash when shopping at small businesses - avoid the fees - for both of you.

There is no reason for them to charge more than the fee to run the transaction. They're doing this though in plain sight

98166 · Aug 21, 2023

Slavister said:
Well then... don't use that store.

It seems to you? Huh? They are laundering your 50 cents or the $5? Good God!

I don't see it with business run by people who are Native American speakers (or nearly as much)
Yea, they probably do launder money if they can collect in cash instead.

BirdinHand · Aug 21, 2023

98166 said:
There is no reason for them to charge more than the fee to run the transaction. They're doing this though in plain sight

Because there are fees in addition to the individual transaction fees.

98166 said:
I don't see it with business run by people who are Native American speakers (or nearly as much)
Yea, they probably do launder money if they can collect in cash instead.

Racism much?

Slavister · Aug 21, 2023

98166 said:
I don't see it with business run by people who are Native American speakers (or nearly as much)
Yea, they probably do launder money if they can collect in cash instead.

Lots of businesses (run by native speakers) and in fact government agencies(!) charge fees around here for using credit cards (in part or in full to cover what credit cards charge them).

Superfly · Aug 21, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

They aren’t profiting off of it. It costs them money. Every swipe costs them money. I see nothing wrong with them passing it on to you.

Superfly · Aug 21, 2023

BirdinHand said:
See, I always carry cash and I try to pay with cash as much as possible when shopping at small businesses, restaurants, etc. The fees charged to companies to offer credit cards are pretty steep. Especially for your small businesses.

I never really appreciated how much.

I always tip in cash, so the servers don’t have to report it if they choose not to.

Boots · Aug 21, 2023

I don't think the OP understands what money laundering means.

reflechissez · Aug 21, 2023

98166 said:
There is no reason for them to charge more than the fee to run the transaction. They're doing this though in plain sight

How do you think credit card companies make money?

Rexedgar · Aug 21, 2023

98166 said:
I don't see it with business run by people who are Native American speakers (or nearly as much)
Yea, they probably do launder money if they can collect in cash instead.

Is this the point where the hoods come off?

Moon · Aug 21, 2023

Boots said:
I don't think the OP understands what money laundering means.

Seems to be the case.

Moon · Aug 21, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

The alternative would be for the business to add the credit card fee to their product price.

Bucky · Aug 21, 2023

noonereal said:
No one carries cash anymore.
Its silly too in fact.

The credit , debit card fees are simply built into the cost of the products for the most part.

I carry cash when I go to the strip club.

Threegoofs · Aug 21, 2023

noonereal said:
No one carries cash anymore.
Its silly too in fact.

The credit , debit card fees are simply built into the cost of the products for the most part.

I always carry cash.

And I’ll let you in on a secret… the best places to eat in Chicago are cash-only.

mrjurrs · Aug 21, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

Do they have a sign that cash is not accepted? Then just pay cash.

Ain't capitalism grand? Money laundering? fo

noonereal · Aug 21, 2023

Bucky said:
I carry cash when I go to the strip club.

Remember when you could give the stripper a dollar as they danced?

Those days are long gone. They'd throw it back at you today.

noonereal · Aug 21, 2023

mrjurrs said:
Do they have a sign that cash is not accepted? Then just pay cash.

Ain't capitalism grand? Money laundering? fo

My pastry chef only takes cash.
What a ****in pain in the ass it is.
His pantries, cakes are so good, I have to put up with it.

noonereal · Aug 21, 2023

Threegoofs said:
I always carry cash.

And I’ll let you in on a secret… the best places to eat in Chicago are cash-only.

Lol

Bullshit

But thanks

Port & Starboard · Aug 22, 2023

98166 said:
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language)

There ya go folks!

If you liberals talk long enough, they will eventually expose themselves.

Shhhhhhhh..................those people!

VySky · Aug 22, 2023

98166 said:
Or no more than the actual cost to run the transaction, which I've heard is 2% on most purchases.
So if I buy 5 dollars from a C Store (usually run by store owners with English as a 2nd language) I
should not have to pay 50 cents or even 75 because I used a debit or credit card.
It seems to me that when they get payments in cash, it's a way for them to money launder.
Plus, again, I doubt that a 5 to 10 dollar transaction costs them 50 cents to run
They're profiting off it instead of just accepting it's the cost of doing business.

Wait. One of Obama’s first major socialist moves was in Credit Card reform? Remember what happened? It cost responsible people money to compensate for the deadbeats.

Credit and debit card fees need to be banned. At least below a certain amount on the purchase.

98166

BirdinHand

noonereal

Slavister

noonereal

BirdinHand

98166

98166

BirdinHand

Slavister

Superfly

Salty, defiant, and completely non-compliant.

Superfly

Salty, defiant, and completely non-compliant.

Boots

reflechissez

Rexedgar

Yo-Semite!

Moon

Why so serious?

Moon

Why so serious?

Bucky

Threegoofs

Sophisticated man-about-town

mrjurrs

noonereal

noonereal

noonereal

Port & Starboard

VySky

Credit and debit card fees need to be banned. At least below a certain amount on the purchase.

Salty, defiant, and completely non-compliant.

Salty, defiant, and completely non-compliant.

Yo-Semite!

Why so serious?

Why so serious?

Sophisticated man-about-town

Privacy & Transparency

Privacy & Transparency