Comment on Anon is deeply disturbed

NaibofTabr@infosec.pub ⁨1⁩ ⁨year⁩ ago

• MrJameGumb@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I have never once paid a fee for using a card to buy pizza. Is that a thing where you live?

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  • NaibofTabr@infosec.pub ⁨1⁩ ⁨year⁩ ago

    No, stores pay the fee to the provider (MasterCard/Visa/American Express/etc) for processing the transaction. This is why you see those little signs that say “minimum credit card purchase $5” or w/e in smaller shops, because if the transaction is too small they lose money on it.

    You might actually inflict $2.50 in losses on the location for processing a single transaction for a $0.50 sauce cup.

    source

    • LainTrain@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

      That hasn’t been a thing in years, I regularly pay less than a quid by contactless, using my debit card with google pay. How else would you even pay for the bus or train?

      source
  • easily3667@lemmus.org ⁨1⁩ ⁨year⁩ ago

    A rational person might assume they mean the fee credit card companies charge the vendor, meaning paying for a low cost item on credit ends up costing the vendor.

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