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by wallacoloo
1893 days ago
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> it's the rare place that won't take at least a few other alternative payments, including cash. Yes, and when you pay with an alternative, that’s when you get hit with the 2% credit card tax. Because you and the credit card user both pay the same price, but the merchant has to raise prices by 2% to cover fees caused by the latter. The credit card user is reimbursed for the fees they created via cash-back programs, while the cash user has to just swallow them. |
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