Humorously, there are laws against credit card surcharges but not against cash discounts.

Realistically, the price difference is probably not worth the hassle of needing two prices and card sales are probably affordable enough and common enough to not bother.

https://www.ca5.uscourts.gov/opinions/pub/15/15-50168-CV0.pd...

Strange, I've seen quite a few merchants that do the card surcharge thing, and no one seems to complain.

The Supreme Court settled it in 2017 actually - surcharges are fine now:

https://archive.is/eYB5W

They basically said a surcharge for credit is effectively the same thing as a discount for cash, and because of freedom of speech, merchants are free to communicate the difference to their customers either way.

But is a payment processor required to process charges from a vendor stating they have a surcharge?

only took them a few decades

I've seen cash stations offer a cash discount. It was always less than my credit card's gas reward and required me to go inside the station to pay.

Gas stations do the cash discount for a particular reason - to get you inside the building where you might buy profitable convenience-store items, which you won't if you just stay at the pump. (Though yes, the differential might be less than the kickback from a card rewards program.)

Ive seen restaurants do as much as 4% off for cash.

Several restaurants around me offer a cash 'discount'.

As a small merchant I can tell you: cash sucks to deal with and it costs money too. I went to cashless years ago. The 2.x% I eat in processing is more than made up for in not having to deal with shrinkage (either due to theft or inaccuracy or counterfiet bills), security, having to count money and go to the bank regularly, etc.

It's probably different when you're at a much larger scale than I am, but even Wal-Mart (who I was employed by in my late teens) has all sorts of cash-handling procedures to mitigate the risk of money just walking away. Even a their scale, they spend 1% on CC processing, but by the time they added up all of the labor and expenses of cash handling,it might be comparable. And for a small business it's likely more.

And then there's the data collection which has value too.

People act like accepting cash is free, it is not.

Thanks, this is an interesting opinion to read! I went through a period where I asked most small/local businesses I happened to be shopping at whether they preferred cash or card, as I had both to hand. It was a small sample size, but the vast majority said they didn't care either way, and a handful said they preferred cash. I never experienced card-only or a card-preference. That did surprise me, as I expected at least some to feel as you do.

This is why we need a digital cash equivalent. Transferring value shouldn't have to cost 1-3% of the transaction value. It's an absurdly high tax.

It is especially because most of the fraud just gets passed onto the merchants anyway

Debit card transactions in the US are capped to 0.05% + 21c for non-exempt card issuers[0]. The problem is there are a lot of exempt issuers.

[0] https://en.wikipedia.org/wiki/Durbin_amendment