Eagle1
Veteran Member
- Joined
- Jul 4, 2003
- Messages
- 2,354
- Location
- Viburnum, MO
- Tractor
- Kubota BX2200, LS XG3135H, Grasshopper and Yazoo Zturns
OH but you are, everyone has to cover the extra costs of CC transactions. Why would a business set a lower profit margin?I never use cash anymore other than for purchases of $20 or less. If a business wants to charge me extra, I will patronize someone else. It’s becoming rare that they try to charge extra for credit cards. I pay my bill every month and don’t carry a balance.
Every business has to cover their expenses and pay the bills. Most just make an extra ~3% more on cash sales but they sure as heck are not taking a hit to their margin.
Bottom line is that every CC transaction is sending 3% cut to the bankers of the world, just wait for digital money and then even the allowance for your kids will sent 3% to the bankers or the government.