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Re:Put tiny businesses back into residential neighborhoods by madamelic on Friday July 24, 2020 @10:08AM (#23939677)
>I don't totally understand the economics of how those work in NYC. Just sheer density and throughput?

People like bodegas, they are everywhere and like someone else said: tax evasion. Bodegas love cash, and you learn to carry it otherwise you are going to have to meet a $5 - $10 min (which they aren't supposed to be doing, but do)

Re:Put tiny businesses back into residential neighborhoods by pedantsamaritan on Friday July 24, 2020 @10:59AM (#23940275)
> which they aren't supposed to be doing

What is restricting them now? I knew it used to be part of the merchant-network agreement, and based on my quick searching that was due to US federal law. Then Dodd-Frank changed it to allow minimums up to $10 [0][1][2]

[0]: https://www.creditcards.com/credit-card-news/merchant-minimu...

[1]: https://www.creditcards.com/credit-card-news/merchants-who-v...

[2]: https://usa.visa.com/dam/VCOM/download/merchants/minimum-tra...