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by ganomi 2711 days ago
Nowadays credit and debit card fees are limited by the EU. Around 0.3% per transaction. A 10x reduction to before. Since then adoption of credit card payment has spread widely in German supermarkets.
1 comments
lorenzhs 2711 days ago
That limit is on the interchange fee, not what the merchant pays their payment processor, which is still significantly higher.
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ganomi 2711 days ago
Good to know. Then i am still wondering why there seems to be wider adoption of CC in Germany. Or maybe we are only reaching the CC adoption that other EU countries have already seen a long time ago...
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jhrmnn 2711 days ago
Germany is still nowhere close to what's common in other EU countries. Pretty much all Germany's neighbors have much higher adoption of terminals accepting MC/Visa.
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