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Message
re: 3% Credit Card Fee
Posted on 2/2/24 at 6:18 pm to lshuge
Posted on 2/2/24 at 6:18 pm to lshuge
Charging a cc fee is probably against the terms of service of the cc company. A few local businesses here give a “cash discount” of 3%, which makes the custom feel better about paying cash, and probably increases cash transactions vs charging an additional fee to the baseline price.
Posted on 2/2/24 at 9:21 pm to Ric Flair
quote:
A few local businesses here give a “cash discount” of 3%, which makes the custom feel better about paying cash,
You're likely getting the discount after they marked up prices.
My job doesn't charge it yet but we're looking at it. We paid enough in CC fees last year to cover another employee and a half.
Everyone says "just raises prices, it's CODB!"...but then they bitch if you raise prices.
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