What's the debit/credit surcharge to businesses? I feel guilty using cards for small purchases because I'm sure the vendor is being dinged disproportionately.
And for some reason I don't think to pay by credit or debit when I get sent a bill in the mail. That's just habit. I just have very few ad hoc bills these days.
Norway is the future!
That would explain the wormhole.
It looks like a group is trying to sue under the North Carolina law that bars atheists from public office, headed up by a former local NAACP president. They'll never win, but I think it's pretty tasteless to do it.
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What's the debit/credit surcharge to businesses?
It varies, but I can't remember the actual facts -- one way they pay a flat fee, the other they pay a percentage-based fee. At least that's what they told me at my old hairdresser's.
That's why they want to eliminate checks -- banks just have to pay to process them themselves, but using plastic carries a fee.
I was in Norway last week to serve as a dissertation opponent
Do you get to jump up and yell, "Sir, I object!"?
Direct deposit carries a fee too - I know the old board looked into accepting paperless maintenance payments from shareholders but decided it would be too expensive.
What's the debit/credit surcharge to businesses?
Last I was privy to that information, there was a per-transaction charge for credit but not for debit. That was the better part of a decade ago.
Oh, I'm wrong, I am still privy. My brother's store doesn't get charged per-transaction at all, just a flat rate on total throughput, but that is by arrangement with an intermediary between him and the credit card companies.
There's a restaurant I go to that won't accept either debit or credit cards for transactions under $10.