Re:To Cover China, There’s No Substitute for WeChat
by seanmcdirmid on Saturday January 19, 2019 @06:49AM
(#18946537)
But not if they cared about sales volume. That is just really dumb for an expensive impulse buy like alcohol. Even McDonalds can afford to take CCs these days.
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Re:To Cover China, There’s No Substitute for WeChat
by paulie_a on Saturday January 19, 2019 @11:50PM
(#18951192)
That's not how cc fees works. McDonald's does such volume they pay a lot less. A nice restaurant selling those more expensive drinks does a lot less volume. So they pay more. and in the restaurant business margins like that matter. Upwards of 6.5 percent is a decent margin to lose.