Nike won’t sell directly to Amazon anymore

Re:Nike won’t sell directly to Amazon anymore by p10_user on Wednesday November 13, 2019 @07:42PM (#21531538)

I think you're missing the point of the fee. The company (Visa, Discover, Apple) that processes the transaction charges a fee (flat or percentage) for each purchase. This is why they add the fee.

Of course apartments charge high fees for rent - they want to ensure they collect the full amount of their monthly rent according to the contract. A $50 fee on say 1000 dollar rent is 5%, ensuring they cover whatever Visa is going to charge them on the transaction. And if they get a little extra income for themselves - then all the better for then as you got some convenience out of it by not having to write a check!

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Re:Nike won’t sell directly to Amazon anymore by p1necone on Wednesday November 13, 2019 @09:14PM (#21532163)

Yeah, I don't really have a problem with merchants passing card processing fees onto customers. I feel like those fees being hidden to consumers/spread out evenly amongst all payment options is probably somewhat distorting the market.

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Re:Nike won’t sell directly to Amazon anymore by lotsofpulp on Thursday November 14, 2019 @07:35AM (#21534897)

Merchants do not pay Apple anything for Apple Pay:

https://support.apple.com/en-us/HT204274

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