this post was submitted on 28 Oct 2025
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Chapotraphouse

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All these fucking gas stations have started advertising a "cash" rate and a "credit" rate, with usually a ten cent disparity, or one gas station advertises the "cash" rate as "ez pay," etc shit like that

like hahah what the fuck is this shit, this rent seeking ass bullshit, just naked greed but I guess that's the rest of American society, right?

and when I keep thinking about it, like, my fucking debit card isn't "credit," I'm getting charged the "credit" rate, like, what, if I fucking go inside and use the ATM and withdraw cash and pay these fuckers I get the cheaper option but if I stay outside like a person who doesn't want to be fucked with any of that I have to pay more? jesus fucking christ fucking kill me, what else is fucking next? I honestly don't even want to know

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[–] stink@lemmygrad.ml 2 points 6 days ago

Visa / MasterCard have pretty big monopoly on the market.

Big retailers like target have the opportunity to negotiate the transaction fees since they have such a high volume of transactions.

Mom and Pop shops? They have no real negotiating power and can get shafted by Visa increasing their fees with no ability to fight back.

Pay with cash as much as you can to local shops. That 3% is a significant amount of money with how slim the margins have to be for them to stay afloat.