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A comment on Stripe Is Raising $6B to Resolve Employee Tax Issue. Parent comment

Re:Stripe Is Raising $6B to Resolve Employee Tax Issue by lotsofpulp on Wednesday March 08, 2023 @05:17PM (#35075527)
Maybe, I have read that credit cards result in people willing to pay higher prices. Which is supposedly why most retailers, especially large ones, do not offer discounts for debit cards, even though the transaction costs would be a lot lower.
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Re:Stripe Is Raising $6B to Resolve Employee Tax Issue by toomuchtodo on Wednesday March 08, 2023 @05:29PM (#35075658)
People are willing to spend more (Amex is famous for marketing this as to why their interchange fees are reasonable [1] [2]), not necessarily pay higher prices.

Is it good that people are encouraged to spend more with certain financial instruments? ¯\_(ツ)_/¯

[1] https://thepointsguy.com/credit-cards/american-express/more-...

[2] https://www.hostmerchantservices.com/articles/american-expre...

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Re:Stripe Is Raising $6B to Resolve Employee Tax Issue by lotsofpulp on Wednesday March 08, 2023 @05:35PM (#35075724)
Yes, spend more is more accurate than higher prices.
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