Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

They are paying even more to manage cash but don’t have a separate fee for it. Why should credit card users subsidize that?

(Personally I think it’s fine to charge any which way you want as long as your terms are clear. But I think this answer makes clear it’s not so obvious as you suggest?)



Bank of Canada studied it and found that credit costs were over double the cash costs. Debit is the lowest-cost option for merchants.

https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-r...


With cash, merchants can show less income and then pay less tax.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: