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re: “Cards only” and charging a fee

Posted on 6/14/26 at 6:24 am to
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62396 posts
Posted on 6/14/26 at 6:24 am to
quote:

How is this legal?


Blame Ronnie in the White House and the greed of the 1980's.

They let currency be privatized with profits not related to risk like banking and insurance. The banks back then went from a business based on profits from interest spreads.

Pay low interest to savings accounts
Charge higer intrest to money lent
Make revenue from management of the spread

Now banks make money from
Fees
Additional charges
The overpriced "skim" for wealth management

In the 1980's the bank lobbyist in Washington made credit and credit rating the defecto measuring tool. When you get insurance, it is based on your credit rating. Same for many other decisions you are unaware of. The credit cards now "skim" purchasing power that the old mob / organized crime could dream about.

Before 1980, 1 dollar purchased 1 dollar in goods or services

Since, a private company takes between 2.5% to 5.0% off that dollar your (the citizen consumer) now has about 95% in real purchasing power.
Posted by Sho Nuff
Oahu
Member since Feb 2009
14083 posts
Posted on 6/14/26 at 7:23 am to
quote:

That’s what the card companies charge them

They're not paying 4%. Cash is legal tender so it should be illegal to deny it, but to charge more than they're paying for the cc charges is bullshite.
Posted by kciDAtaE
Member since Apr 2017
17661 posts
Posted on 6/14/26 at 7:31 am to
Where did this happen?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:12 am to
quote:

You want taxes to pay the fee? I'm confused here. Who's gonna pay it if not you? If a government entity pays it then where would it come from? Or do you think the huge infrastructure and people that do card processing is somehow free?


I want a cash option

I have no issue with them charging a fee if I choose to pay by card

Second, 4 percent seems really high especially for a high volume business.

Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:15 am to
St Bernard Parish Civic Center. Concession stands and bars.
Posted by 777Tiger
Member since Mar 2011
93008 posts
Posted on 6/14/26 at 10:18 am to
quote:


You should have called shenanigans.


or malarkey at the very minimum
Posted by rpg37
Biloxi, MS
Member since Sep 2008
54875 posts
Posted on 6/14/26 at 10:20 am to
What place was this?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:21 am to
quote:

You should have called shenanigans.


At the 17 year old employee making $9/hr?

I’ll be following up this week
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:22 am to
St Bernard Parish Civic Center bar and concessions
Posted by rpg37
Biloxi, MS
Member since Sep 2008
54875 posts
Posted on 6/14/26 at 10:26 am to
Thanks. Sorry for repeating a question. I didn't scroll down all the way.

I believe when I lived in Ocean Springs their tax collector's office was the same way....but I recall the debit card could be used...and even that had a 1.5% fee which I argued about.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:28 am to
They charged same fee for debit cards
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
17212 posts
Posted on 6/14/26 at 10:35 am to
quote:

but I can't recall any business that requires payment only by credit card.


Most youth sporting events (entry and concessions) are card only.
LSU athletics concessions is card only.
Hell, even Superior Grill is card only now.
Posted by rpg37
Biloxi, MS
Member since Sep 2008
54875 posts
Posted on 6/14/26 at 10:48 am to
quote:


They charged same fee for debit cards


That I don't understand because that's just theft.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41229 posts
Posted on 6/14/26 at 10:55 am to
quote:

LSU athletics concessions is card only.


But they don’t charge a fee.

When a business goes card only they save money by not having to pay people to deal with counting and depositing cash, and they further benefit by reducing theft risk. They can also hire lower quality employees.

Posted by MardiGrasMambo
Metry
Member since Feb 2018
904 posts
Posted on 6/14/26 at 11:01 am to
quote:

“Cards only” and charging a fee

The business ideally should just bake the fee into their prices if they're going to pass it along to the consumer.
Posted by Willie Stroker
Member since Sep 2008
16762 posts
Posted on 6/14/26 at 11:17 am to
All card only businesses charge the fee in their pricing.

But not all of them are dumb enough to be that honest.
Posted by RobertFootball
SC
Member since Mar 2021
2673 posts
Posted on 6/14/26 at 11:41 am to
Went to go pay my car taxes in person because it used to be cheaper than the fee to do it online. They hit me with a 6% credit card fee.
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