Re:Square to acquire Afterpay for $29B
by systemvoltage on Monday August 02, 2021 @12:13AM
(#28032800)
Totally agree - I was just poiting out that just like 2.9% credit card fees that get ammortized over the total sales by the means of higher prices (meaning even if you use cash, you don't get a discount[1]), the 6% has to come from somewhere.
[1] Some gas stations have a different cash rate to pass the savings on to the customer
[1] Some gas stations have a different cash rate to pass the savings on to the customer