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by
RicCo386
1516 days ago
Fee is usually paid by business, so you pay £50, but the business got just £49. Most business calculate this fee to the price of the product/service, like they do with rent, electricity, gas, employee wages etc...
1 comments
sph
1516 days ago
Gotcha, but it sounds like it’s more of a tax on businesses than customers, though to be fair it’s the same thing depending on how you look at it.
It would still cost me £50 if I had paid in cash.
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It would still cost me £50 if I had paid in cash.