Offline card payments should be possible no later than 1 July 2026

Re:Offline card payments should be possible no later than 1 ... by tossandthrow on Saturday October 04, 2025 @02:27AM (#45471019)

Here is likely not that much handling cost for an independent hairdresser just earning their own (quite meager) salary.

In the EU you can not charge a card fee on consumer transactions, so the merchant has the eat the cost.

If your revenue is - 2-3000 Eur a month, payment fees (and terminal subscription fees) can have a big impact.

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Re:Offline card payments should be possible no later than 1 ... by swiftcoder on Saturday October 04, 2025 @03:03AM (#45471207)

I get the terminal directly from my bank here in Spain, it's something like €5/month + 0.02% of transaction. Is it much higher in other parts of the EU?

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Re:Offline card payments should be possible no later than 1 ... by xigoi on Saturday October 04, 2025 @08:50AM (#45472957)

0.2% of 3000€ is 6€. I’m not sure how big of an impact that is, considering the non-negligible costs of handling this much money in cash. If a business earns more money after accepting cash, it’s probably because they don’t pay taxes.

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Re:Offline card payments should be possible no later than 1 ... by andrewaylett on Saturday October 04, 2025 @03:25PM (#45475937)

I, as a private individual, can accept card payments for 1.69%. I have a physical chip and pin reader (that pairs with my phone), it cost me £25, but I can take contactless payments using just my phone. If I didn't want to use my phone, I'd need the £75 reader that comes with a 4G connection (at no extra transaction or subscription cost).

If I were charging £3k/month, I'd be just above the threshold where paying £19.99/month to get a transaction fee of 0.99% saves money overall.

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