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At my store once we realized the scope of creditcard fees on a business that operates on transactions in the $8-$20 range, we raised all of our prices by 50 cents. This credit card non-sense should be passed on to the consumer so it is visible, it is ridiculous. Banks charge the business for taking their card from a customer, and then the banks turn around and charge the customer for interest on the debt they just accumulated. Total crap.
Big businesses create their own creditcards to bypass the fee, like Target's Visa Card that earns you 5% cash back, etc.. Small businesses end up both footing the bill and looking like jerks for having higher prices!
Last edited by RabbitMan; 02-04-2013 at 02:35 AM.
"Freedom, then Pizza!" - Oklahoma State GOP Convention 5/11/2012
Credit card companies are private property, they have no obligation to make your life/job easier, and as far as I know, there is no legal restriction (whether IP or special favors) that prohibit competitors. Oh, and it's not illegal to accept cash only either, which many have went ahead and did, even if it means they have to install an ATM on their site.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
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