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A comment on Using Foursquare to Detect Tax Evasion / Money Laundering. Parent comment

Re:Using Foursquare to Detect Tax Evasion / Money Laundering by jonknee on Thursday August 02, 2012 @04:07PM (#4330727)
It depends on your transaction amount, the fees can easily exceed 8.5%. When I had no change the other day and paid 45 cents at a parking station with a credit card I can guarantee the fees were more than 8.5%.
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Re:Using Foursquare to Detect Tax Evasion / Money Laundering by larrys on Thursday August 02, 2012 @04:33PM (#4330841)
We're talking about merchant fees here. Not what a credit card user pays etc.
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Re:Using Foursquare to Detect Tax Evasion / Money Laundering by jonknee on Thursday August 02, 2012 @05:02PM (#4330991)
That's exactly what I meant, I paid $.45 but the city likely paid $.31 in fees. Braintree for example would run 2.89% + $.30. That's a very high percentage (69%).
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