Re:Why Germans pay cash for almost everything
by kuschku on Wednesday August 09, 2017 @11:24AM
(#14970044)
> Can't see any reason not to accept MC/Visa now though.
Still 10 times higher fees than with the German card systems. If your profit margin is 1.4%, you can't afford 2.2% credit card fees. And if you increase the price, all customers go to the cheaper competitor.
German stores are in a reaaaaal close competition with these things.
Still 10 times higher fees than with the German card systems. If your profit margin is 1.4%, you can't afford 2.2% credit card fees. And if you increase the price, all customers go to the cheaper competitor.
German stores are in a reaaaaal close competition with these things.