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> Compare the US, where merchants can be surly about card payments. I rarely encounter this - I find it far more common to see places that won’t accept cash at
by jen20 20d ago
> Compare the US, where merchants can be surly about card payments.
I rarely encounter this - I find it far more common to see places that won’t accept cash at all (even small businesses like food trucks).
- kube-system 20d agoAttitudes depends on margin and cash-handling costs. And prior to a 2013 class-action lawsuit that changed the situation, merchants were widely banned by payment processors from charging credit card transaction fees. But now many low margin businesses pass along the cost: for instance, it is common at gas stations, and almost universal at truck stops across the US. And some businesses have long opted for minimum transaction amount for credit purchases. https://www.the-sun.com/wp-content/uploads/sites/6/2022/03/NINTCHDBPICT000721101090.jpg https://www.the-sun.com/wp-content/uploads/sites/6/2022/03/N... https://wpcdn.us-east-1.vip.tn-cloud.net/www.41nbc.com/content/uploads/2021/02/debit.jpg https://wpcdn.us-east-1.vip.tn-cloud.net/www.41nbc.com/conte... On the other hand, in places where the target clientele is fully-banked and handling cash is more costly, some businesses find it advantageous to opt solely for card transactions: for instance, an upscale establishment in a city. They may have higher margins that can easily eat the cost, and being card-only also decreases the attractiveness to robbers and discourages unbanked patrons. It has also been criticized for being discriminatory in the same way.