Re:Millions of credit-card customers can’t pay their bills
by jessaustin on Saturday April 25, 2020 @06:33PM
(#22982209)
Lots of gas stations violate this "legal prohibition". I suspect an enterprising lawyer could create inconveniences for the credit card firms, such that they'd have to purchase more horrible laws to keep the racket going.
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Re:Millions of credit-card customers can’t pay their bills
by subhobroto on Saturday April 25, 2020 @09:55PM
(#22983588)
> Lots of gas stations violate this "legal prohibition"
Uhm technically yes, but functionally no.
When gas was routinely $3.5/gal in SoCAL (where I live), credit price used to be $3.5/gal and cash price $3.4/gal.
My credit card gives me straight 5.2% cash back on purchases at the pump.
I hence pay $3.3/gal - still less than the cash price of $3.4/gal.