10-03-2012, 08:26 AM
Join Date: Jan 2005
My Ride: Suburban LT 4x4
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.
!!! ROLL TIDE ROLL !!!
National Champs: 1925, 1926, 1930, 1934, 1941, 1961, 1964, 1965, 1973, 1978, 1979, 1992, 2009, 2011, 2012, 2015, 2016?
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
2000 BMW DINAN M5
2001 BMW 330ci
Last edited by GlockMan; 10-03-2012 at 08:30 AM.