View Single Post
Old 10-03-2012, 08:26 AM   #7
Registered User
GlockMan's Avatar
Join Date: Jan 2005
Location: Florida
Posts: 2,142
My Ride: Suburban LT 4x4
who cares.

buy $2 worth of stuff cheapie.

some places are $5 or $10.

The reason why is because in addition to getting charged 1%-5% of the total, they also get charged a PER TRANSACTION FEE. Some of these are as high as $1.

So imagine if you owned a store that pays $10k per month in rent and $10k in payroll, and some clown wants to buy a bottle of water for $1.15 that costs you $1.75 to buy and process.


PS - gas prices are often more when using credit that cash.

PPS - A merchant has the right the refuse service to anyone. I would tell your smartazz to get the hell out of my store.
National Champs: 1925, 1926, 1930, 1934, 1941, 1961, 1964, 1965, 1973, 1978, 1979, 1992, 2009, 2011, 2012, 2015, 2017?

Ranting about Panny plasmas, Canon cameras, Glocks, BlueNile, and HDMI on a BMW board since 2005.

2016 Honda Accord Sedan V6 Touring (wife)
2007 Chevy Suburban LT 4x4 with Nav/Bose/DVD
1968 Ford Mustang with Polk/ADS (my first car)

2007 Lexus GS350
2001 BMW 330ci

Last edited by GlockMan; 10-03-2012 at 08:30 AM.
GlockMan is offline   Reply With Quote