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A comment on CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple Pay and Credit Card Fees. Parent comment

Re:CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple... by dingaling on Monday October 27, 2014 @01:51AM (#8514069)
> Well, if you shop for it, a cardholder can get a minimum of 1% rebated back to them, more in cases of special promotions.

The reward level is set by the card issuer and the merchant pays that, too, as part of the interchange fee.

In Australia legislation was passed that enabled merchants to add a surcharge for credit card use. The result was that 'rewards' disappeared from the market.

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Re:CurrentC: The Big Retailers’ Clunky Attempt to Kill Apple... by saryant on Monday October 27, 2014 @02:24AM (#8514157)
Merchants can offer cash discounts in the US. Few do and credit card rewards are the strongest they've ever been. 2% on everything is easy, bigger discounts are available if you work for it.
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