Reply to Credit Card Fees Now Everywhere!

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Reply to "Credit Card Fees Now Everywhere!"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A lot of small businesses that don't charge a fee for cc, [b]just build the cost of the fee into their pricing. [/b] [/quote]

This has always been the best way, or to offer a discount for cash.

Dumb consumers tend to get mad at a business owner passing the CC cost on to the customer, but what do they expect them to do, lose money because a customer is too lazy to use cash? Best to just hide the fees in the cost. [/quote]

Cash comes with its own costs. You have to pay employees to make bank runs, or arrange for secure trucks to deliver your change and take your cash deposits. “Shrinkage” is real. Employees can’t count, bills stick to each other, counterfeits are very good, and the banks screw up the coming or going all the time.

There is simply no cost free way to do business. None. [/quote]

businesses prefer cash to do tax fraud, there should be a law of junk fees that does not let businesses charge differently for card or cash etc its really annoying [/quote]

No small businesses prefer cash to avoid paying the CC fees.  They can be 100% honest businesses, just trying to survive and not pay 3-4% to the CC companies
[/quote]

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