Re:Volkswagen, Porsche, and Audi finally say they will use T...
by matthewdgreen on Thursday December 21, 2023 @03:46AM
(#38718297)
Visa charges a 5-10 cent fixed fee plus a percentage for those 1 Euro transactions. Presumably public transport just eats those costs, but in a commodity business like electricity I imagine it’s a noticeable chunk of the profit margin.
Re:Volkswagen, Porsche, and Audi finally say they will use T...
by ffgjgf1 on Thursday December 21, 2023 @03:52AM
(#38718346)
1 cent fixed fee + percentage seems to be the standard where I am. It might be difficult in other EU countries but IIRC the fixed fee is capped at 5cents.
Re:Volkswagen, Porsche, and Audi finally say they will use T...
by Symbiote on Thursday December 21, 2023 @05:53AM
(#38718991)
The only public information I can find is this, which is from 2013 in London:
Visa credit 0.65%, debit 1 pence. Mastercard credit 0.80%, debit 1 pence + 0.5%.
https://www.whatdotheyknow.com/request/costs_to_tfl_for_cont...
Following a recent trip I had a bunch of ~1€ transactions from buying single bus/metro tickets from machines.