Re:EU-wide maximum limit of €10K for cash payments
by niij on Saturday December 10, 2022 @09:07PM
(#33939290)
This is not to be celebrated. It's regulatory, capture plain and simple. Cash purchasers are subsidizing those with credit cards (and the pithy rewards they pay).
Re:EU-wide maximum limit of €10K for cash payments
by WastingMyTime89 on Tuesday December 13, 2022 @12:29PM
(#33972309)
What are you talking about? Interchange fees are aggressively capped in the EU and credit cards don't give rewards. It's not the USA.
> Businesses in Denmark and the EU may not charge a fee for your payment with Dankort, Visa/Dankort, Visakort, MasterCard and other ordinary payment cards issued in the EU.
> Company cards are exempt from the ban. Shops may charge a fee if you use a payment card issued to a company or public organisation.
https://taenk.dk/privatoekonomi/gode-raad/gebyrer-paa-betali...