Hacker News new | ask | show | jobs
by resf 3260 days ago
At least in the UK, merchants pay very low fees to process debit card payments, to the extent that some merchants (e.g. budget airlines) do not accept or charge a penalty for using credit cards.
1 comments

Merchants pay up to 1.75% (Square) to process in-person payments. Whether this cost is embedded into the prices of what you buy or whether it's made clear to you is irrelevant to that point - that you're paying this. And even when credit cards are more expensive to process - do you ever get a discount for using a debit card at the supermarket? Cash?