looks like using a credt card may get more expensive in a hurry.

[imdoo'n]

 

[j335]

Many of the small conveniences stores don't take credit card already to avoid fees, so instead I avoid them and go to places that's except credit cards. Same will happen here, go with big name brand stores as they negotiate lower rates with companies.

 

[skegpro]

https://ca.yahoo.com/sy/uu/api/res/...51d3-11e7-bcce-2f7371fffdd5_cards.jpg.cf.webp

Credit Card companies are a digital gold mine.
I don't feel sorry for those corporate terrorists.

 

[Bnorth]

Many of the small conveniences stores don't take credit card already to avoid fees, so instead I avoid them and go to places that's except credit cards. Same will happen here, go with big name brand stores as they negotiate lower rates with companies.

Would you rather get your CC points than support local small businesses?

 

[Cat401]

Even the big companies are disliking the fees. Didn't Walmart plan to ban Visa because of a fee dispute?

 

[skegpro]

Even the big companies are disliking the fees. Didn't Walmart plan to ban Visa because of a fee dispute?

Costco dropped Visa too.

 

[rsaruk]

Costco hasn't taken visa in prob at least 10 years. Used to be amex, now MasterCard for a couple years. I have had membership about 10 years and never accepted visa in that time.

 

[old mountain man]

Costco uses Visa in the USA. They do not accept Canadian Master Card in the USA. Likely do not accept American Visa in Canada.

 

[j335]

Would you rather get your CC points than support local small businesses?

Not sure where you got local from that? There's nothing local about convenience stores in every downtown Calgary building...

With my credit card I get the following advantages: 2% cash back, double warranty coverage on purchased items, much better thef protection, tons of insurance protection options, advantages booking travel (hotels, cars, concierge), price protection, etc... So yes I support businesses that take credit card.

 

[arff]

Credit card companies make millions on people who carry a balance.

The fee to have a wireless machine to run your business is ridiculous.

Then the company that owns the machine each charge different rates per type of card.

The money made off interest of credit cards and banks they should have no fee's and lower interest rates to actually help people.

just my opinion.

 

[imdoo'n]

Well then why don't businesses offer cash incentive if the fees are too much? Like 8-10 % off for cash

 

[imdoo'n]

Well then why don't businesses offer cash incentive if the fees are too much? Like 8-10 % off for cash

Looks like they will be soon

 

[tejay]

I know some businesses that want 2-3% more on invoices for paying with a credit card.��

 

[imdoo'n]

Sounds like more on the way

 

[deaner]

I totally agree with this. Because of the laws prohibiting businesses from specifically passing on this cost to credit card users, it gets factored into their entire inventory. Essentially becomes an additional tax on everything. Now it becomes more "a la carte". Ill just adapt by using my debit and parking the credit card.

 

[Cat401]

Price of chickens going up.....

 

[ferniesnow]

Price of chickens going up.....

Like everything else, you don't see much coming down in price. Hutts only deal in cash so no extra fees.

 

[skegpro]

Like everything else, you don't see much coming down in price. Hutts only deal in cash so no extra fees.

Cause they pay taxes.
Hahahaha

 

[catalac]

Credit card companies screw the consumer and the vendor go figure.

 

[Stompin Tom]

Well then why don't businesses offer cash incentive if the fees are too much? Like 8-10 % off for cash

because they dont want to pay a 1-3% fee they should offer 8 to 10% off? Im not an economics major, but something seems off there?