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Re:Volkswagen, Porsche, and Audi finally say they will use T... by Symbiote on Thursday December 21, 2023 @03:27AM (#38718207)
The transactions are of higher value than many public transport tickets, and those are already common — either as normal purchases from a ticket machine, or with the special transaction type used when the payment card is touched to the reader on the ticket barrier.

Following a recent trip I had a bunch of ~1€ transactions from buying single bus/metro tickets from machines.

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...

Re:Volkswagen, Porsche, and Audi finally say they will use T... by ffgjgf1 on Thursday December 21, 2023 @03:48AM (#38718309)
> of ~1€ transactions

In Europe, sure because the fees are capped. In the US you pay a fixed fee + x% which makes small transactions like this prohibitively expensive