Re:Anatomy of a credit card rewards program
by dhosek on Thursday April 04, 2024 @12:39PM
(#39932729)
Because right now debit card purchases don’t have a transaction fee while credit cards do. I just had two recent purchases where the vendor charged a 3% surcharge for credit cards but would do the transaction by debit card free.
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Re:Anatomy of a credit card rewards program
by woobar on Thursday April 04, 2024 @01:59PM
(#39933818)
It is an example that greed is everywhere. Not only among card issuers but also among merchants. The moment merchant find a socially accepted way to extract extra they will do it. Similar to tip screens on square terminals in all takeout places. Costs nothing to ask, generates some additional revenue.