Credit-Card Backlash Mounts as Kroger Weighs Expanding Visa Ban

Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by jimmy1 on Wednesday August 01, 2018 @12:26AM (#17659667)

Most places that the poor (at least in rural areas) shop at offer substantial discounts for paying with cash. There is typically the "cash" price and the "card" price. At a liquor store, a 44 dollar bottle paid with card is 39 dollars cash. A haircut at the local barber is 13 dollars cash or 15 dollars card.

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by SlowRobotAhead on Wednesday August 01, 2018 @01:32AM (#17659947)

>At a liquor store, a 44 dollar bottle paid with card is 39 dollars cash

The credit card fee is not 12.8% to 15%, that isn’t even a convinence fee. That’s your liquor store not reporting sales and not paying taxes. That’s a big reason why some businesses won’t take cards.

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by jimmy1 on Wednesday August 01, 2018 @05:41PM (#17667267)

> not reporting sales and not paying taxes

I don't ever assume malice when there is a simpler answer, besides this store is prominent and at the border so they wouldn't be that dumb. The simpler answer is they give a small discount on cash, and a small markup on card purchases to really encourage cash. They are a deregulated liquor state (so they don't have a state ran "Liquor board") which means they can offer much lower prices than just across the border. And I am sure the owner just prefers to go down the street to his or her local branch and say hi to the teller and just deposit cash. Some people just like to do things the old fashioned way. My barber is the exact same way -- he doesn't take card at all, only cash.

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by ams6110 on Wednesday August 01, 2018 @01:03AM (#17659851)

My barber doesn't take cards at all. Cash or check only.

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by northwest66 on Wednesday August 01, 2018 @01:47AM (#17660009)

Do you mean one of those things they write on paper slips when you say check? Which country are you from?

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by Symbiote on Wednesday August 01, 2018 @02:09AM (#17660092)

The American spelling of cheque is check, and they're still very common there. That's exactly what they mean.

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by zaarn on Wednesday August 01, 2018 @05:45AM (#17661009)

You know, people from the US say that a lot but in other countries like germany where >75% of purchases are cash and a lot of stores are cash only, this doesn't seem to be a problem at all...

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Re:Credit-Card Backlash Mounts as Kroger Weighs Expanding Vi... by h2j24 on Wednesday August 01, 2018 @08:07AM (#17661712)

I think Germans genuinely enjoy paying taxes. One need not look farther than Germany's close neighbors (Italy, Greece) to see that many people do underreport cash revenue.

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