Re:Nordic countries point the way to cashless societies
by notatoad on Saturday January 10, 2015 @05:17PM
(#8868150)
obviously they pass the cost on to the customer, but not directly. they can't charge one price for cash and a different price for card.
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Re:Nordic countries point the way to cashless societies
by innguest on Saturday January 10, 2015 @06:37PM
(#8868392)
Which means they have to pass the cost on to both kinds of customer.
Re:Nordic countries point the way to cashless societies
by waps on Saturday January 10, 2015 @08:57PM
(#8868746)
If you're a business customer in a bank, and you bring in cash on a regular basis, the bank will actually charge you a percentage for doing that.
From a discussion I had with a merchant, that rate is quite high, especially for small change. The value he gave for small change was 7%. That's a lot more expensive than the worst credit card charges, except for really small amounts.