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re: 3% Credit Card Fee
Posted on 2/2/24 at 9:21 pm to Ric Flair
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.
Posted on 2/2/24 at 9:24 pm to Srbtiger06
I think the credit cards lobbied to allow companies to offer a discount for paying in cash, but they couldn’t word it as a fee for using credit cards.
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