In retail, especially food, this is the problem when you pay with a credit card for a small purchase. I work in a bulk food store and almost half our customers spend less than 50 cents per visit, and you would be shocked by how many people want to pay with a credit card. The retailer pays a fee per transaction plus a certain percentage of the sale to the credit card company in case anyone wasn’t aware of how it works for the retailer.
If there’s no discount for cash there’s no reason not to use the more convenient credit card. All it means is that the merchant has adjusted the prices for everyone to cover his credit card expenses.
I use a credit card because it’s faster to pay with my phone and I never have to deal with coins.
Yakety Sax over 2 years ago
Financial genius……
sandpiper over 2 years ago
Better yet, give him a coupon for buy one, get one free at the local saloon.
theincrediblebulk over 2 years ago
In retail, especially food, this is the problem when you pay with a credit card for a small purchase. I work in a bulk food store and almost half our customers spend less than 50 cents per visit, and you would be shocked by how many people want to pay with a credit card. The retailer pays a fee per transaction plus a certain percentage of the sale to the credit card company in case anyone wasn’t aware of how it works for the retailer.
donut reply over 2 years ago
And we’ll do it again tomorrow.
HappyDog/ᵀʳʸ ᴮᵒᶻᵒ ⁴ ᵗʰᵉ ᶠᵘⁿ ᵒᶠ ᶦᵗ Premium Member over 2 years ago
If there’s no discount for cash there’s no reason not to use the more convenient credit card. All it means is that the merchant has adjusted the prices for everyone to cover his credit card expenses.
I use a credit card because it’s faster to pay with my phone and I never have to deal with coins.
brklnbern over 2 years ago
Nice try. Hope it works.
Realimaginary1 Premium Member over 2 years ago
Teller: “Forget it!”